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Send Money to India

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The Easiest, Fastest, and Most Secure Way to
Send Money to India


Sending money to India has never been easier. Our remittance services offer best exchange rates and convenient options to send money.

Why SBI Canada Bank



How to Send Money to India



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Best Exchange Rate



Take advantage of the best CAD/INR Exchange Rates.
Download YONO SBICA today to avail the benefits of Zero Transaction Fees and Instant transfer

Today's Exchange Rate

Exchange Rates (Internet Banking & YONO SBICA)

Amount(CAD) Rate*(INR)
0 - 1000 60.35
1001 - 10000 60.20

*Above rates are applicable only for money transfers made digitally i.e., YONO SBICA Mobile Banking Application and Internet Banking. Exchange Rates for branch transactions may differ. Terms & Conditions may apply. For More details, please contact the branch.

Indicative Bid / Offer rates for other currencies

Currency Bid Rate * Offer Rate *
CAD / US Dollar 0.721 0.737
US Dollar / CAD 1.356 1.386
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* Terms and conditions may apply

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Currency Converter



Check the currency conversion with the latest exchange rates

Currency Converter


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Set Exchange Rate Alert



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Instant Transfers


Take advantage of the enormous network of our parent bank, State Bank of India, the largest commercial bank in India. Experience the power of 20,325 SBI Group branches in India to transfer your money with convenient options.

You can transfer money not only to accounts with State Bank of India, but also to accounts with any bank in India.

Money transfers to recipient bank accounts, that are not held with State Bank of India in India, will be credited instantaneously only if such recipient’s bank accounts are enabled for immediate payment services (IMPS). Money Transfers to other bank accounts not registered for IMPS will be processed through NEFT, RTGS and are subject to limits and restrictions applicable to IMPS / NEFT / RTGS.

Please note that all money transfers are subject to regulatory verification processes. In an event of any delays in the processing of money transfers caused due to such verifications, SBI Canada Bank will not be liable or responsible in any manner for the consequences of such a delay, including, without limitation, for losses or damages caused by such a delay.

SBI Canada Bank does not exchange any Indian currency in cash, at any of our branches.

Frequently Asked Questions


Sending Money to India is easy using SBI Canada Bank’s Mobile Banking Application – YONO SBICA or by accessing Internet Banking Facility. For a customized requirement, please visit your nearset SBI Canada Bank branch.

Zero Transaction Fee for sending money to India using SBI Canada Bank’s Mobile Banking Application – YONO SBICA or Internet Banking facility. For sending money from one of our branches, please refer to our schedule of charges.

You can send remittances in CAD / USD upto an amount equivalent to CAD 20,000 through SBI Canada Bank’s Mobile Banking Application – YONO SBICA or Internet Banking facility. For amount in excess of CAD equivalent of CAD 20,000 or for other currency remitances (GBP / Euro), please visit our nearest branch.

Current exchange rates are dispalyed as above and also on the homepage of this website. Our online exchange rates are always better so make the best of them using our mobile or Internet Banking application. You can also choose to set exchange rate alerts that would enable you to stay informed of favorable rate change.

Please note that SBI Canada Bank does not exchange any Indian currency in cash, at any of our branches.

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