Our Habib Canadian Bank Student Direct Stream program can help meet the requirements of Immigration, Refugees and Citizenship Canada guidelines faster by showing proof of funds – and provide you with access to money to help pay for living expenses in Canada.
Residents from the following countries can participate in the program
A GIC is an investment account that offers a guaranteed interest rate over a fixed period of time. With our Student GIC Program you can invest between $10,000 CAD – $50,000 CAD .
How does the Habib Canadian Bank Student Direct Stream program work?
A wire transfer of the total amount plus fee should be initiated before arrival
$2,000 CAD plus any interest on arrival, deposited into your student bank account.
Receive a portion plus interest of your investment back for each of the 12 months
After 12 months, you’ll have received your entire investment back, plus interest.
Ready to bank with us? Take a look at the next steps.
1. Submit your application online to Habib Canadian Bank, please ensure when attaching a copy of your ID that you attach both the front and back side of your ID to expedite your application process
2. Once your application has been submitted a representative from our bank will contact you.
3. Transfer you funds to your Habib Canadian Student Direct Stream Account by a wire transfer with the total amount of your deposit (i.e. CAD 10,000 + CAD 200 fees) from you local bank account in your country. Upon receiving the amount, we shall send you a confirmation mail i.e. "GIC Confirmation.
4. Apply for Study Permit
5. Submit your completed Study permit application and your GIC confirmation from the Bank to the Canadian visa authorities in your home country.
We can't wait to meet you here!
One you’ve made your move to Canada, make an appointment at our branch, your bank account will be ready for you with an initial lump sum amount plus interest.
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