LOAN - MORTGAGES RESIDENTIAL

Residential Mortgage Loan applications from individuals are considered subject to the following:
 
a)
The applicant should have a clear credit history
 
b)
The applicant should have adequate income to service the mortgage loan
 
c)
The rates of interest are generally as per prevailing market rates
 
d)
We are approved lenders under Canada Mortgage Housing Corporation schemes
 
e)
The applicants may have to bear appraisal and legal costs

Mortgage loan proposals for investment properties or Commercial/Industrial properties are also considered on a selective basis

For more information please contact AVP (Mortgages) Tel 416 865 0414 ext 226, mortgage@sbicanada.com


NEWS

State Bank of India (Canada)-a wholly owned subsidiary of State Bank of India- has been operating in two provinces of Canada - Toronto & Vancouver for more than a decade, extending various facilities to the Indians settled in Canada such as remittance of funds through a network of over 9000 offices of State Bank of India, the largest commercial bank in India.

SBI (C) has also been instrumental in fostering trade ties between India and Canada by extending financial, advisory and logistic support to Canadian and Indian Corporate’s.

Your Bank Your People at Your Service.
New location to service you - Brampton Branch now open


Mississauga Branch: Business Hours from May 07, 2007

Tue - Fri: 9:30am to 3:30pm
Sat - 9:00am to 2:00pm

Remittance Services Exchange Rate