In this article you will get to know full information about Bank of India Timings, Working Hours and Lunch Timings.
Bank of India, a leading commercial bank in India, holds a prominent position in the country’s financial landscape and stands as one of the world’s largest commercial banks. Established on August 15, 1947, it plays a pivotal role as a central commercial bank.
Bank of India having  an extensive network of over 15,000 branches and 25,000 ATMs spanning the nation, Bank of India is a vital institution in India’s banking sector.
Bank of India caters to its customers with a diverse array of banking products and services, including savings accounts, fixed deposits, credit cards, personal loans, home loans, car loans, and a range of investment options. Moreover, the bank offers cutting edge digital banking services, such as mobile banking, internet banking, and UPI, to provide customers with seamless and convenient financial solutions.
For those intending to visit the bank for their financial transactions, this article serves as a guide to understanding the general bank timings, including weekdays, Saturdays, lunch timings, and the operational hours for RBI bank services like NEFT and RTGS.
BANK OF INDIA TIMINGS IN INDIA
Bank of India operates on the following schedule:
Monday to Friday: 9:30 am to 4:30 pm.
The bank remains closed on Sundays.
BANK OF INDIA TIMINGS ON SATURDAY
While the operating hours on Saturdays may vary by location, most Bank of India branches typically open from 9:30 am to 4:30 pm on the 1st, 3rd, and 5th Saturdays of each month, unless it coincides with a gazetted holiday.
BANK OF INDIA LUNCH TIMINGS
Lunch breaks in Bank of India branches may differ depending on location and schedule. However, as a general guideline, most branches observe a lunch break between 1:00 pm and 3:00 pm, allowing for a onehour lunch period.
BANK OF INDIAÂ RTGS TIMINGS
Bank of India offers its customers the Real Time Gross Settlement (RTGS) service, which is an expedited and secure method for interbank fund transfers. Key details regarding RTGS include:
Primarily designed for substantial transactions, such as business payments or mortgage payments.
Minimum transaction amount for RTGS is ₹2 lakh.
RTGS transfers are not available between 11:50 pm and 00:30 am daily.
BANK OF INDIAÂ NEFT TIMINGS
The National Electronic Funds Transfer (NEFT) service operates in batches, with the following timings:
Cut off time for NEFT:
 Weekdays: 16:30.
 Saturdays: 13:00.
Transactions made after the NEFT cutoff time are processed on the next working day.
First NEFT batch is processed at 09:00 on weekdays, with the last batch processed at 18:00 on weekdays.
On Saturdays, the first NEFT batch is processed at 09:00, and the last batch is processed at 13:00.
BANK OF INDIAÂ IMPS TIMINGS
The International Mobile Personal Services (IMPS), a mobile banking service offered by the Reserve Bank of India (RBI), offers continuous access for financial transactions:
IMPS services are available 24/7 and can be used for activities such as fund transfers, balance checks, and bill payments.
Transactions through IMPS are generally instant, with some banks allowing scheduling of future dated or recurring payments.
CONCLUSION ON BANK OF INDIA TIMINGS
In conclusion, this article has provided a comprehensive understanding of Bank of India timings operating hours, its extensive range of financial services, and the critical role it plays in India’s banking sector. It underscores the importance of efficient management and effective strategies that have contributed to the bank’s enduring success.
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