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Download the YONO RIBC and apply for Student GIC

Download the YONO RIBC and apply for Student GIC

Arrive in Canada & Activate your account

Arrive in Canada & Activate your account

Get your Wire transfer Details

Get your Wire transfer Details

Transfer Money Anywhere

Transfer Money Anywhere

Bank Holiday

TORONTO / HEAD OFFICE / BACK OFFICE / CALGARY
DATEDAYHOLIDAYCelebrated in Federal / Provincial / Territorial
January 1, 2025WednesdayNew Year's DayFederal – National
February 17, 2025MondayFamily DayProvincial – Alberta, Ontario, British Columbia
April 18, 2025FridayGood FridayFederal – National
May 19, 2025MondayVictoria DayFederal – National
July 1, 2025TuesdayCanada DayFederal – National
August 4, 2025MondayCivic HolidayProvincial – Alberta, Ontario, British Columbia
September 1, 2025MondayLabour DayFederal – National
September 30, 2025TuesdayNational Day of Truth & ReconciliationFederal – National
October 13, 2025MondayThanksgiving DayFederal – National
November 11, 2025TuesdayRemembrance DayFederal – National
December 25, 2025ThursdayChristmas DayFederal – National
December 26, 2025 FridayBoxing DayFederal – National
BRAMPTON / MISSISSAUGA / SCARBOROUGH
DATEDAYHOLIDAYCelebrated in Federal / Provincial / Territorial
January 1, 2025WednesdayNew Year's DayFederal – National
February 15, 2025 SaturdayOn Account of Family Day Provincial – Alberta, Ontario, British Columbia
February 17, 2025MondayFamily DayProvincial – Alberta, Ontario, British Columbia
April 18, 2025FridayGood FridayFederal – National
May 17, 2025SaturdayVictoria DayFederal – National
July 1, 2025TuesdayCanada DayFederal – National
August 2, 2025SaturdayOn Account of Civic HolidayProvincial – Alberta, Ontario, British Columbia
August 4, 2025MondayCivic HolidayProvincial – Alberta, Ontario, British Columbia
August 30, 2025SaturdayOn Account of Labour DayFederal – National
September 1, 2025MondayLabour DayFederal – National
September 30, 2025TuesdayNational Day of Truth & ReconciliationFederal – National
October 11, 2025SaturdayOn Account of Thanksgiving DayFederal – National
October 13, 2025MondayThanksgiving DayFederal – National
November 11, 2025TuesdayRemembrance DayFederal – National
December 25, 2025ThursdayChristmas DayFederal – National
December 26, 2025 FridayBoxing DayFederal – National
VANCOUVER / SURREY
DATEDAYHOLIDAYCelebrated in Federal / Provincial / Territorial
January 1, 2025WednesdayNew Year's DayFederal – National
February 17, 2025MondayFamily DayProvincial – Alberta, Ontario, British Columbia
April 18, 2025FridayGood FridayFederal – National
May 19, 2025MondayVictoria DayFederal – National
July 1, 2025TuesdayCanada DayFederal – National
August 4, 2025MondayCivic HolidayProvincial – Alberta, Ontario, British Columbia
September 1, 2025MondayLabour DayFederal – National
September 30, 2025TuesdayNational Day of Truth & ReconciliationFederal – National
October 13, 2025MondayThanksgiving DayFederal – National

Why Choose Us
Royal Investment Bank

Instant Processing

Instant Processing

Our program offers fast processing of your GIC application, ensuring that you can get started with your studies in Canada without any delay

Arrive in Canada & Activate your account

Arrive in Canada & Activate your account

You'll earn the best interest rates on your GIC investment with us, which means your money will work harder for you while you focus on your education.

One Debit Card

One Debit Card

With our program, you'll receive one debit card that can be used anywhere in America and Europe, making it easier for you to manage your finances across both continents.

About Royal Investment Bank

Royal Investment Bank was incorporated in 1982 as a wholly owned subsidiary of the State Bank of India, India's largest commercial Bank in terms of profits, assets, deposits, branches and employees. Royal Investment Bank provides full-service banking to meet the needs of our retail, commercial and corporate customers, including accounts, mortgages, loans, remittances and more.

Royal Investment Bank offers friendly in-person service at branches in Toronto, Mississauga, Scarborough and Brampton in Ontario, and Vancouver and Surrey in British Columbia. Our experienced staff is fluent in many Indian languages and ready to make your banking experience smooth and efficient. We offer products and services tailored to the needs of individuals and businesses, including an easy account-opening process, competitive rates and an intuitive mobile banking application.

Royal Investment Bank is a Schedule II Canadian Bank listed under the Bank Act and is a member of Canada Deposit Insurance Corporation.

Royal Investment Bank is overseen by a Board of Directors, made up of 8 members, of which four are Canadian residents.

The management team is headed by our President & CEO Mr. Manish Mishra, who is supported by a team of senior leaders with oversight functions in credit management, risk management, legislative compliance, operations, financial control, audit, IT, HR and business development.