
SBI, or State Bank of India, operates on a standard banking schedule to ensure customers have access to their services throughout the day. The bank is open from 9:30 AM to 3:30 PM, Monday to Friday.
You can plan your visit accordingly to avoid long queues, as most customers tend to visit the bank during lunch hours. The bank remains closed on weekends and public holidays.
SBI offers a range of services, including cash withdrawals, deposits, and account opening, all of which can be completed during the bank's working hours.
Banking Time SBI
SBI bank timings vary depending on the day of the week. On weekdays, SBI banks are open from 9:00 AM to 3:30 PM.
You can use SBI's NEFT system to transfer funds between 8 AM and 7 PM on weekdays, and 8 AM to 2 PM on Saturdays. The transfers are usually credited within 2 hours.
SBI banks are closed on the 2nd and 4th Saturdays of the month, and also on Sundays. However, they operate on the 1st, 3rd, and 5th Saturdays of the month, with timings from 9:00 AM to 3:30 PM.
Here is a summary of SBI bank timings on different days:
Working Hours
SBI bank operates its banking services on a specific schedule, which is crucial to know if you're planning a visit or want to avoid a trip to the bank.
The bank runs its services on the 1st, 3rd, and 5th Saturdays of the month, with the remaining Saturdays being working days.
SBI bank timing is 9 a.m. to 3:30 p.m. for the 1st, 3rd, and 5th Saturdays, and the same as weekday timing.
The bank remains closed on the 2nd and 4th Saturdays of the month and on Sundays.
SBI bank timings on weekdays are from 9:00 AM to 3:30 PM, with a lunch break from 12:30 PM to 1:30 PM.
Here's a breakdown of SBI bank timings:
SBI bank timing also depends on the region and branch, but in general, it's from 9 a.m to 3:30 p.m.
The bank is open from Monday to Saturday, except for the 2nd and 4th Saturday in a month and bank holidays.
The NEFT timings for SBI are 8 AM to 7 PM on weekdays and 8 AM to 2 PM on Saturdays.
Lunch Time
SBI Bank's lunch time is a convenient feature that allows customers to complete transactions even during the typical lunch break window, which is usually from 12:30 PM to 1:30 PM.
SBI Bank's lunch time can vary from branch to branch, but the official SBI lunch timings are from 2:30 PM to 3:00 PM, although this may not be consistent across all branches.
If you're planning to visit your local SBI branch, it's a good idea to check their specific lunch time to avoid any inconvenience. You can also consider visiting during the morning or afternoon sessions, which are from 9:00 AM to 12:30 PM and 1:30 PM to 3:30 PM respectively.
Some SBI branches may be closed on certain days, including Sundays and the 1st and 3rd Saturdays of the month. However, the 2nd and 4th Saturdays are usually open for business.
Here are the specific SBI Bank timings for weekdays:
Keep in mind that SBI Bank's business hours can vary based on location, customer volume, and priorities given to certain individuals, so it's always a good idea to check with your local branch for their specific timings.
Neft Timing Definition
SBI's NEFT timing is a bit complex, but I'll break it down for you.
SBI NEFT transfers take place every 30 minutes, but the transfers are usually credited within 2 hours.
The RBI rules dictate that each day, there is a 48-hour settlement batch. The first batch settlement happens after 00:30 hours, and the last batch settles at 00:00 hours.
You can initiate a transfer anytime, but the actual crediting to the beneficiary's account will depend on the next available batch.
Here's a summary of the NEFT timings:
SBI account holders can also transfer funds using the NEFT system through the YONO online application and SBI Net Banking.
Fund Transfer Options
SBI offers various fund transfer options to its account holders. These include NEFT, RTGS, and IMPS.
NEFT allows for electronic fund transfers between banks through payment instructions, with no set limit for transactions. It works on a DNS basis at specific times of the day.
RTGS is the fastest mode of interbank money transfer in India, settling funds individually as per instruction at real time. It's available 24/7, except between 11:50 PM and 12:30 AM, when the Reserve Bank of India checks transactions.
IMPS is an instant electronic fund transfer service that can be availed through mobile phones, internet banking, and ATMs. It's available through online SBI services.
Here's a summary of SBI's fund transfer options:
Neft
SBI offers various modes of fund transfer through the NEFT system, which works on a Deferred Net Settlement basis. This system allows for hassle-free and convenient transfers of funds from one account to another.
NEFT transactions are processed in batches every 30 minutes. The funds will reach the beneficiary's account within two hours after the batch in which your transaction is processed.
The NEFT system operates in half-hourly batches, with 48 settlements on all days, including holidays. This means that the beneficiary can expect to get the credit for the transactions on the same day.
The NEFT timings for SBI are 8 AM to 7 PM on weekdays and 8 AM to 2 PM on Saturdays. There is no minimum amount for NEFT transactions, and you can transfer from 1 Rupee to 10 Lakh.
Here are the NEFT charges for SBI:
Fund Transfer Options
SBI offers three main fund transfer options: NEFT, RTGS, and IMPS. These options allow you to transfer money to another bank account quickly and efficiently.
NEFT, or National Electronic Fund Transfer, is available 24/7 and works on a DNS basis, settling transactions at specific times of the day.
RTGS, or Real Time Gross Settlement, is the fastest mode of interbank money transfer in India, allowing for real-time transactions.
IMPS, or Immediate Payment Service, is an instant electronic fund transfer that can be initiated through mobile phones, internet banking, or ATMs.
You can initiate RTGS transactions 24/7, except between 11:50 PM and 12:30 AM, when the Reserve Bank of India checks the transactions.
RTGS transactions are processed in batches, with 48 half-hourly payments made every day, starting after 00:30 and the last batch at 00:00.
SBI customers can also transfer funds using NEFT and RTGS services through SBI Internet Banking or Mobile Banking services.
Here are the RTGS timing and charges:
Frequently Asked Questions
What is banking time?
Banking time typically ranges from 9:30 AM to 5:30 PM, but some banks may have extended or reduced hours. Check with your local bank for their specific operating hours.
What is the time of banking transaction?
Banks typically operate between 9:30 a.m. and 5:30 p.m., but some may have extended hours from 8:00 a.m. to 8:00 p.m.
What is the transfer time of SBI?
SBI transfers funds through NEFT, which credits beneficiary accounts within 30 minutes of receiving the funds transfer message, in half hourly batches 24x7 throughout the year
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