It’s never been quicker or easier to open a new account by using the YONO SBICA app.

• Download YONO SBICA App from the app store
• Click on "New Customer"
• Select and account of your choice (Super Saver, Savings, Chequing account)
• Enter personal details (name, address, Social Insurance Number, employment status etc.)
• Select a suitable KYC verification method (Online KYC, Canada Post, SBI Canada Bank branch)
• Activate your account and fund it through Online Banking or Interac e-Transfer®

Make your money work for you. Earn more with our GICs

To Open a GIC account

• Download YONO SBICA App from the app store
• Click on "New Customer"
• Select "Open GIC"
• Select the preferred type "Redeemable GIC / Non-Redeemable GIC"
• Select Investment Option (Enter Amount,Select preferred term of GIC"
• Set-up Maturity Instructions
• Select a suitable KYC verification method (Online KYC,Canada Post, SBI Canada Bank Branch)
• Activate the account and fund it through Interac money transfer on Internet Banking

A tax-free savings account from SBI means you’ll be saving money all year round.

• Download YONO SBICA App from the app store
• Click on "New Customer"
• Select preferred Account Type (TFSA Power Savings)
• Select if you require TFSA Transfer In – If "YES" – Provide TFSA Issuer details (Institution Name, Address, Transit number, Institution code)
• Provide personal details (name, address, Social Insurance Number, employment status ,etc.)
• Select the KYC verification method (Online KYC, Canada Post, SBI Canada Bank Branch)

• Select Investment Option (Enter Amount, Select the preferred term of GIC)
• Set-up Maturity Instructions
• Provide personal details (name, address, Social Insurance Number, employment status , etc.)
• Select the KYC verification method (Online KYC , Canada Post, SBI Canada Branch)
• Activate the account and fund it through Interac e-Transfer® OR Internet Banking

• Click on "New Customer"
• Select "Student GIC"
• Provide personal details (name, address, Social Insurance Number, employment status ,etc.)
• Enter Passport details along with Canadian Institution details and upload front and back image of the passport
• Select a suitable KYC verification method (Online KYC, Canada Post, SBI Canada Bank Branch)
• Download Wire transfer details and fund the account
• Download the Student GIC certificate
• Open a Savings or Chequing account upon activation

Once you have arrived in Canada, you have the option of activating your Student GIC account

• Online through YONO SBICA Mobile application. Watch the Video to learn more
• Visiting nearest Canada Post Location
  Please note :
  *Online KYC activation and Canada Post method would only be available to you
  if you applied for your Student GIC through YONO SBICA mobile app.
  * If you opened your SGIC account online, please click here for activating your account
• Visiting nearest SBI Canada Bank Branch

Please keep the following documents ready for a seamless experience :

• Your passport along with a Valid Study Permit
• You should have a valid Social Insurance Number (SIN)
• Landing Document,
• Investment Advice (GIC) with SBI Canada Bank
• Enrolment number issued by your designated learning institution

Take advantage of your account with SBI Canada Bank and send money to India

• Best CAD/INR Exchange rates
• Zero fees
• Instant Credit*

If you have an account with SBI Canada Bank and you are registered for mobile banking :

• Open the YONO SBICA app on your mobile device
• Click "YONO Remit" on the home screen
• Choose the beneficiary
• Choose account, add funds, review and submit

Watch the video to learn more

* Instant Credit to your SBI Account in India. Terms & Conditions may apply