Dear readers in this article you will get to know the information about Union Bank of India Timings, Working Hours and Lunch timings.
Union Bank of India, one of the oldest and largest public sector banks in the country, boasts a vast network of over 4500 branches across India. If you are considering opening an account with Union Bank, it’s essential to acquaint yourself with their operational hours. This article will provide comprehensive information on Union Bank of India’s bank timings, working hours, and holiday schedule.
UNION BANK OF INDIA WORKING HOURS
The operational hours of Union Bank of India are as follows:
Monday to Friday: 10:00 am to 5:00 pm.
1st, 3rd, and 5th Saturdays (if applicable) are considered working days, with hours matching those of weekdays.
In adherence to new regulations, the 2nd and 4th Saturdays of each month are observed as holidays.
The bank remains closed on Sundays.
Any national holiday will also lead to the closure of the bank.
UNION BANK OF INDIA LUNCH TIMINGS
While specific lunch break times may vary depending on the bank’s location, most Union Banks observe a lunch break between noon. However, for most Union Banks, lunchtime typically spans from 2:00 pm to 3:00 pm.
UNION BANK NEFT TIMINGS & CHARGES
Union Bank of India offers National Electronic Funds Transfer (NEFT) services to both retail and corporate customers. NEFT is a nationwide electronic funds transfer system overseen by the Reserve Bank of India (RBI). Here are the NEFT charges for different transaction amounts:
 Up to Rs. 10,000: Rs. 2.50 per transaction.
 Rs. 10,001 to Rs. 1 lakh: Rs. 5 per transaction.
 Rs. 1 lakh to Rs. 2 lakhs: Rs. 15 per transaction.
 Above Rs. 2 lakhs: Rs. 25 per transaction.
NEFT transactions can be conducted through Union Bank from Monday to Friday, including working Saturdays. It’s important to note that the cut off time for NEFT transactions is 2:30 pm on all these days.
UNION BANK RTGS TIMINGS & CHARGES
Union Bank of India also provides RealTime Gross Settlement (RTGS) services to its customers. RTGS is an electronic payment system enabling instant fund transfers between bank accounts. Here’s what you need to know about RTGS timings and charges at Union Bank of India:
RTGS transactions from Monday to Friday must be initiated before 2:30 pm.
Transactions are not processed under the RTGS mode on Sundays and national holidays.
For transfers within Union Bank of India:
Up to Rs. 2 lakhs: Rs. 25 per transaction.
Above Rs. 2 lakhs: Rs. 50 per transaction.
CONCLUSION
In conclusion, this article has provided you with a detailed understanding of Union Bank of India operating hours, lunch timings, and the charges associated with NEFT and RTGS transactions. Keep in mind that Union Bank offers a wide range of services and products tailored to suit the diverse needs of its customers. If you have any additional questions or require further information, please feel free to leave a comment below. Your feedback is valuable to us, and we are here to assist you.