NR GIC Meaning
A non-redeemable GIC is not cashable until it matures, which means that it can't be redeemed before its maturity date, except under circumstances where an early redemption is permitted, such as for financial hardship reasons.
Chequing
A non-redeemable GIC is not cashable until it matures, which means that it can't be redeemed before its maturity date, except under circumstances where an early redemption is permitted, such as for financial hardship reasons.