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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. SBIC 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. SBIC 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.

NOTICE 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. 


Notice Dated January29th, 2014 : We are aligning the business hours for ourScarborough, Brampton, Mississauga, Vancouver, Abbotsford and Surrey branchesto serve your  needs  better.  The  new  business hours for these branches will be10.30 AM to 5.00 PM from Mondays to Wednesdays.  On Thursdays   and Fridays thesebranches will be offering extended hours of service and will be open for business from    12.00 pm to 6.30 pm. These branches will not be open onSaturdays. The new business hours are effective from April 1, 2014. As always,we look forward to serve you according to your convenience.


Business Hours

Effective date of change

Scarborough, Mississauga,  Brampton, Vancouver, Surrey and Abbotsford branch.

Mondays, Tuesday, Wednesday: 10.30 am to 5.00 pm

Thursday, Friday  : 12.00 pm to 6.30 pm


Effective from April 1, 2014

Scarborough, Mississauga, Brampton and Surrey.

Our Scarborough, Mississauga, Brampton and Surrey branches are currently working on Saturdays. However effective April 1, 2014, these branches will remain closed on Saturdays. 

Dated: February 12, 2014

Effective May 1, 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 1, 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.”

"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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Revision of Service Charges - Effective May 01, 2014

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