State Bank of India (Canada) ("SBIC"), was established in 1982 as a wholly owned subsidiary of State Bank of India the largest Bank in India with more than 200 years of reputation for customer's trust and service. State Bank of India (Canada) is rendering service to Canada in Ontario and British Columbia for the last 30 years, through its 7 branches (Toronto, Mississauga, Scarborough, Brampton, Vancouver, Surrey & Abbotsford. State Bank of India (Canada) endeavors to offer excellent service to the customers; its employees are fluent in different languages and are well versed with banking rules and regulations.
Did You Know: You can withdraw first $100 of all funds to a retail deposit account by a cheque or other instrument? Some exceptions apply. For more information please read our Cheque Hold Policy under the "Legal" Link.
Dated: Nov 29, 2013
This is to advise all our esteemed customers that effective February 01, 2014, State Bank of India (Canada) will offer money transfer services to its account holders only. We thank you for your business and look forward to serving you.
Dated: Feb 12, 2014
Effective May 01, 2014: This is to notify our esteemed customers that we have revised our service fees. To see our new schedule of "rates and charges" please click here. This serves as the 60 days notification informing customers in advance of the fee changes which will be effective from May 01, 2014. For more information on fees and charges, please visit your nearest branch. It has been our constant endeavour to provide you the best possible service and we thank you for your continued business.
Dated: May 26, 2014
"This is to notify our customers that effective June 1st 2014, online remittances to India upto C$10,000 can be sent within a 24 hour period. A fee of C$ 5.00 per online remittance transaction will be charged. Customers are requested to take maximum advantage of this opportunity and benefit from our competitive exchange rates and low remittance charges. For more information, please visit our website or visit your nearest branch. We endeavor to provide you the best service and thank you for your continued business."
"Disclaimer: The rates given below are for information only and are subject to change at any given time. The rates are confirmed by the branch at the time of actual transaction."
Note: Please have your old debit cards changed to the new chip debit by visiting your branch.