Open GIC Account at CIBC With Zero Service Fee & Earn Exclusive GyanDhan Referral Bonus

With CIBC Student GIC Program, students can transfer 10,000 CAD to 20,000 CAD, Here's an example:

• After the successful application, you transfer 10,000 CAD with no transaction fees.
• When you visit a CIBC Banking Center in Canada and activate your account, the bank deposits 2,000 CAD into your account.
• The bank invests the remaining 8,000 CAD
• You will get the full amount back with interest in 8 equal payments over a year.

Annual Interest Rate of CIBC Student GIC is 0.50% for each of the GIC payments (8 equal payments of 1000 CAD each). Simple interest is calculated and paid at the maturity of account. No interest is earned after maturity.

• No service fees
• Application done online in about 5 minutes
• Branches located near most of the popular colleges in Canada
• No monthly fees up to 4 years

If you apply to CIBC GIC via GyanDhan, you will earn an exclusive $25 CAD bonus which will be credited to your bank account with CIBC Canada.

Documents that you must keep ready to complete your application include:

• Your Passport
• Your Letter of Admission (in pdf/jpg format)
• The Name of the Campus You Will Be Attending

1. Visit CIBC’s GIC link
2. Click on ‘Apply’
3. You will be redirected to the payment page. Here, select the Student GIC Program, the minimum amount you want to deposit, and your payment country i.e. the current country you are currently living in (Foreign exchange rates applied).
4. Scroll down to the payment options and enter the currency in which you want to transfer your money. Then click on ‘Student Information’. 
5. You will be redirected to the ‘student information’ page. Fill all the information correctly. You will be given 20 minutes to complete the entire form. First, you will have to fill the student’s details (You will also have to upload your Admission letter in PDF or JPG format).
6. Scroll down and fill the student contact information details. You will also have to set your password to login to your account in the future. 
7. Enter passport details
8. Enter remitting bank’s name (bank account from which you will be transferring the money), bank account number, and PAN number (if available).
9. Select the boxes and declare your agreement with the terms and conditions.
10. In the referral section 
    • For referral type, select “Other” from the drop-down list. 
    • Write “Gyandhan” in the Details box 
    • Put “contact@gyandhan.com” under Email Address of Referrer box
    • Using that code, you will earn a $25 CAD bonus which will be credited to your bank account with CIBC Canada
11. You will be redirected to the summary page. Read all the information clearly. Scroll down to the bottom and select the agreement box. Then click on the ‘submit’ button.
12. Your process is completed. The bank will contact you within 2 business days through your registered email address to provide you the wire payment instructions and your account number.

GyanDhan’s team is highly informed about all the financial requirements for study in Canada. When students contact us, they get best-in-class personalized assistance in every step- right from test preparations, admissions, SOP review, education loan, visa interviews, forex, and of course the GIC account! To open your CIBC Student GIC account with an exclusive bonus, get in touch with us now!