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Can we pay the GIC amount in multiple transactions ?

Can we pay the GIC amount in multiple transactions ?

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1 Answers Reply
  • Manisha Bhardwaj
  • 1 year ago

No, You cannot pay the GIC amount in multiple installments, as funding in multiple installments can delay the GIC certificate process. Banks will not accept the payment and transfer it back to your account if it is in various installments. So, depositing your GIC amount in one go and getting your certificate without delay is often advisable. 

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