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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


Dear Customers

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: 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."


Dated: Oct 15, 2014


This is to notify our customers that effective November 01, 2014, our branch business hours are as given below:


Toronto Branch                : Mon to Fri 9:30 am to 4:30 pm


Mississauga Branch        : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm

                                          Saturday 9:30 am to 4:00 pm


Scarborough Branch       : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm

                                          Saturday 9:30 am to 4:00 pm


Brampton Branch           : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm

                                          Saturday 9:30 am to 4:00 pm


Vancouver Branch          : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm

                                          Saturday 9:30 am to 4:00 pm


Surrey Branch                : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm

                                          Saturday 9:30 am to 4:00 pm


Abbotsford Branch           : Mon to Wed 10:30 am to 5:00 pm

                                          Thurs & Fri 12:00 pm to 6:30 pm


Branch timings effective January 2, 2015 

Toronto Branch                : Mon to Fri 9:30 am to 4:00 pm


Mississauga Branch          : Mon to Sat 9:30 am to 4:00 pm


Scarborough Branch         : Mon to Sat 9:30 am to 4:00 pm


Brampton Branch             : Mon to Sat 9:30 am to 4:00 pm


Vancouver Branch            : Mon to Sat 9:30 am to 4:00 pm


Surrey Branch                  : Mon to Sat 9:30 am to 4:00 pm


Abbotsford Branch            : Mon to Fri 9:30 am to 4:00 pm



"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.

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Limit Increase - Online remittances to India

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