Indian Banks in Canada: Branches, Addresses and Banking Services

Moving to Canada, studying abroad, or managing finances between India and Canada? Choosing the right bank can make everyday transactions, savings, international transfers, and financial planning easier.

Several Indian-origin banks serve customers in Canada, but their services and branch networks differ. SBI Canada Bank and ICICI Bank Canada are two important options for people looking for a banking connection with India. Both operate as Canadian banking entities affiliated with their respective Indian parent banks.

This guide covers their services, verified branch addresses where available, customer support details, and the factors to consider before opening an account.

Which Indian Banks Operate in Canada?

The two banks to consider first are:

• SBI Canada Bank: A wholly owned subsidiary of State Bank of India, offering personal and business banking, loans, mortgages, investments, and remittance services.
• ICICI Bank Canada: A wholly owned subsidiary of ICICI Bank Limited, offering personal and commercial banking, deposits, lending, money transfers, and other financial services.

These are Canadian banking institutions, not simply branches of their Indian parent banks. Their Canadian accounts, eligibility rules, products, and fees are governed by the applicable Canadian arrangements.

Other Indian banks may provide international banking, NRI services, or cross-border support without operating a comparable full-service retail branch network in Canada. Therefore, check whether a bank offers local Canadian accounts or only services connected to accounts held in India before choosing it.

1. SBI Canada Bank: Branches and Contact Details

SBI Canada Bank was established in 1982 as a wholly owned subsidiary of State Bank of India. It serves individual, business, and corporate customers across Canada.

Its services include Canadian bank accounts, remittances to India, investment products, loans, mortgages, and mobile banking. The bank also offers services for eligible NRI, OCI, and PIO customers who need assistance with certain requests concerning SBI accounts in India.

SBI Canada Bank branch list

The following addresses and contact details are published in the bank’s official branch locator.

Official source: SBI Canada Bank Branch Locator

SBI Canada Bank opening hours

The bank publishes the following regular branch hours:

• Toronto and Calgary: Monday to Friday, 9:30 a.m. to 4:00 p.m.
• Mississauga, North York and Brampton: Tuesday to Saturday, 9:30 a.m. to 4:00 p.m.
• Vancouver and Surrey: Monday to Saturday, 9:30 a.m. to 4:00 p.m.

Hours may change on public holidays or due to branch-specific arrangements. Confirm before travelling.

Customer support: 1-866-724-2669
Support hours: Monday to Friday, 9:30 a.m. to 5:00 p.m. Eastern Time
Email: [email protected]

Some services, including document attestation and life certificate services, require an appointment. Check the branch locator or official appointment page before visiting.

What can you do with SBI Canada Bank?

SBI Canada Bank may be worth considering if you want:

• A Canadian bank account for everyday financial needs.
• A way to send money to India.
• Access to eligible Canadian investment, lending, or mortgage products.
• Mobile banking and branch-based support.
• Assistance forwarding certain service requests relating to SBI accounts in India.

Remember that an SBI Canada account and an SBI account in India are separate banking relationships. Services available through one do not automatically apply to the other.

Also Want to Know About SBI Bank Swift Code? Check Now!

2. ICICI Bank Canada: Branches and Banking Services

ICICI Bank Canada is a wholly owned subsidiary of ICICI Bank Limited, headquartered in Mumbai, India. Established in December 2003, it provides personal, commercial, corporate, investment, treasury, and trade-related financial services.

Its Canadian offerings include chequing and savings accounts, term deposits, money transfers, lending, mortgages, and business banking. Product eligibility and availability depend on the customer’s circumstances and the bank’s current terms.

Where are ICICI Bank Canada branches located?

ICICI Bank Canada has a wider branch presence than a single Toronto office. Its official careers information describes a network covering:

• Ontario: Eight full-service branches.
• British Columbia: Two full-service branches.
• Alberta: Two full-service branches.
• Nova Scotia: One full-service branch.
• Winnipeg, Manitoba: One customer centre.

These are network figures published by the bank; they should not be treated as a substitute for checking each location’s current address or services.

The bank’s official contact page provides a city selector for branch details. Use it to identify the nearest location and confirm its address before visiting.

• ICICI Bank Canada branch and contact information
• About ICICI Bank Canada

Customer support in Canada and the United States: 1-888-424-2422
Customer support from India: 1-800-200-3340
Email: [email protected]
Mailing address: ICICI Bank Canada, P.O. Box 47019, 220 Yonge Street, Toronto, ON M5B 2H0

The mailing address above is a published correspondence address; it should not automatically be assumed to be a walk-in branch. Use the city selector for branch-specific information.

Who should consider ICICI Bank Canada?

ICICI Bank Canada may be suitable if you need:

• A Canadian chequing or savings account.
• Canadian deposits or eligible investment products.
• Money transfers between Canada and India.
• Personal or business banking.
• Lending or mortgage services, subject to eligibility.
• Banking through online, telephone, or branch channels.

Compare account fees, interest rates, transfer costs, eligibility, and branch access before deciding.

3. Can You Open an Indian Bank Account While Living in Canada?

Yes, eligible non-resident Indians may be able to maintain or open certain types of accounts with a bank in India. However, an account in India is different from an account opened with SBI Canada Bank or ICICI Bank Canada.

The most relevant account types for eligible non-resident customers include:

• NRE account: Used to hold eligible foreign earnings in India, subject to applicable rules.
• NRO account: Used to manage eligible income arising in India, such as rent, pension, or dividends.
• FCNR(B) deposit: A permitted foreign-currency term deposit available to eligible non-residents.

The right option depends on your residential status, source of funds, currency needs, and intended use of the account. Indian banking and foreign-exchange regulations apply.

If you already have an account in India and move to Canada, contact your Indian bank to update your residential status and determine whether the account needs to be redesignated. Do not assume an existing resident savings account can simply continue unchanged.

4. How to Choose the Right Bank in Canada

The best bank depends on what you need to do—not just the bank’s Indian parent company.

For example, if you live in Brampton and prefer face-to-face service, SBI Canada Bank’s Brampton branch may be convenient. If you are closer to another city, check ICICI Bank Canada’s official branch selector and compare the services available at that location.

If you mainly need a Canadian account for rent, groceries, salary deposits, and local payments, also compare other Canadian banks. You are not required to use a bank with an Indian parent company to transfer money to India.

5. Documents You May Need to Open a Canadian Bank Account

Requirements vary by bank, account type, and your immigration or residency status. A bank may ask for some or all of the following:

• Valid government-issued identification.
• Proof of address, where required.
• Immigration or residency documents, if applicable.
• Canadian contact details.
• Tax residency information and other required declarations.
• Employment, student, or source-of-funds information for certain products.

Some banks offer newcomer or student account options. Check the bank’s current eligibility rules before applying, and ask whether you can start the application before arriving in Canada.

Final Thoughts

For people looking for Indian-affiliated banking services in Canada, SBI Canada Bank and ICICI Bank Canada are useful starting points. SBI Canada Bank publishes a branch list covering seven locations across Ontario, British Columbia, and Alberta. ICICI Bank Canada offers a broader regional network, with current branch details available through its official contact page.

Before opening an account, compare fees, transfer costs, eligibility, branch access, and the specific services you need. If you also maintain accounts in India, check the applicable NRI banking rules separately.

Planning your move to Canada? Visament can help you explore relevant visa and immigration information so you can prepare for your next steps with greater confidence.

Editorial note: Branch addresses, opening hours, product availability, and account terms may change. Readers should verify details directly with the bank before visiting a branch or applying for a product.