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Changes to Service Charges

Dear Valued Customer– We, at State Bank of India (Canada) have always been happy to serve ourcustomers. Customer satisfaction has been our most important objective. Thecost of maintaining accounts and delivering banking service has been on therise. Thus, in order to compensate for the increasing costs, effective January 01, 2016, theBank will (a) increase the account fees and service charges; and (b) introducesome new account fees and service charges. The disclosure statement of fees andcharges effective January 01, 2016is attached for your kind review, notice and record (Please click here). Please notethat this notification serves as the 60 days advance notice required foreffecting changes in account fees & service charges. If you have any questions please visit yournearest branch and contact a branch representative. You can alsocall our toll free number 1-866-SBIC-NOW (1-866-724-2669). We value yourbusiness and look forward for your continued patronage.

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