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Can I withdraw my GIC amount before maturity ?

Can I withdraw my GIC amount before maturity ?

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1 Answers Reply
  • Manisha Punjabi
  • 1 year ago

No, you cannot withdraw your GIC amount before maturity. But you can request the Bank to close your GIC account and withdraw the amount only in one case: if you leave your College/University due to some reasons. You must show valid evidence that you have left the College/University due to personal reasons to the bank to withdraw your GIC amount before maturity. Here you have to follow the given condition by the bank that you will not get any interest imposed on your amount. The program fees will be Non-Refundable in all cases. 

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