Registered Education Savings Plan (RESP)
A Registered Education Savings Plan (RESP) is a tax-deferred investment plan that helps you save for a child's post-secondary education.
SBI Canada Bank in collaboration with Knowledge First Financial* is offering RESP through its Branches **
How to choose an RESP
- Set your budget
- Establish your savings goal
- Choose the plan that is right for you
Maximum investment: You can invest upto $ 50,000 per child in an RESP
When to invest: Start early and save regularly for best benefits
Please note: All plans are Tax-sheltered i.e. there are no taxes payable on the money earned in an RESP until it’s withdrawn**
& Visit any one of our branches today for more information.
SBI Canada Bank has selected Knowledge First Financial as the exclusive provider of Registered Education Savings Plans to its customers. The Registered Education Savings Plans are products of Knowledge First Financial.