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Bank Timings on Saturday

Banks are not just open on weekdays, but they are also open on selective Saturdays.

According to the RBI, all of the scheduled and non-scheduled banks need to observe a public holiday on the 2nd and the 4th Saturday of the month, and apart from that, banks open on Saturday, i.e., the 1st, 3rd, and 5th Saturday.

Bank Timings on Saturday

The business hours followed by a bank are determined by a variety of factors, including the bank's general rules, the bank's branch, the branch's location, the branch's customers, the type of services the branch provides, the Reserve Bank of India's rules, and state and federal government rules, among others.

Although a bank's business hours are generally consistent across all of its branches, some of them may have varying hours for one or more of the reasons indicated above.

Furthermore, most banks adhere to the same set of business hour timings for consistency across the chart. However, there can easily be a +/- 1-hour discrepancy in business hours amongst banks.

 

List of Top Banks - Bank Opening Time and Closing Time

 

Bank Name

Open Time of the Bank

Closing Time of the Bank

1. SBI Bank

9:00 a.m

3:30 p.m

2. Standard Chartered Bank

8:00 a.m

3:00 p.m

3. HDFC Bank

9:30 a.m

3:30 p.m

4. RBL Bank

10:00 a.m

6:00 p.m

5. ICICI Bank

9:30 a.m

4:30 p.m

6. Yes Bank

9:30 a.m

4:30 p.m

7. Kotak Bank

10:00 a.m

4:00 p.m

8. Citibank

10:00 a.m

4:00 p.m

9. PNB

10:00 a.m

5:00 p.m

10. Bank of Baroda

10:00 a.m

4:00 p.m

11. Axis Bank

9:30 a.m

3:30 p.m

 

What are the Bank Working Hours on Saturday?

The banks mentioned above will be closed on the 2nd and the 4th Saturday of the month, but on the 1st, 3rd, and 5th Saturday, they will function at the same time.

Banking Services that are Not Available on Holidays

On the bank's off-days and holidays, you will not be able to access the below-mentioned bank services:

1) NEFT Services - National Electronic Funds Transfer

2) RTGS

3) Any physical banking service - like, updating passbooks and more

Bank Services that are Available During Holidays of the Bank

Bank services listed below are available even on their off-days and also on their holidays:

1) IMPS 

2) Net-Banking

3) Mobile Banking

4) UPI

5) ATM Services

6) Cheque drop and deposit and ATM and Deposit machines.

What are the Lunch Breaks of Banks in India?

All of the private and the public sector banks have an official lunch time of 30 minutes, from 2 p.m to 2:30 p.m.

What are the Working Hours of the Reserve Bank of India?

  • The working hours of RBI - 9:00 a.m to 5:15 p.m
  • The Banking hours - 10:00 a.m to 2:30 p.m

Bank Timings on Saturday - FAQs

In the event of an emergency, how can I get access to financial services while on vacation?

You can use the internet or mobile banking to access financial services 24 hours a day, seven days a week, even on holidays. Both of these channels are accessible to users who have registered with the bank.

Are there any ATMs open on holidays?

Yes, ATMs are open on weekends and holidays.

In a month, on which Saturday is the banks closed?

On the second and also the fourth Saturdays of every month, all commercial and public sector banks in India are closed. Aside from that, if a national holiday falls on the first, third, or fifth Saturday of the month, the banks are closed.

Who determines the bank holidays, and do they apply to all types of banks in India?

The Reserve Bank of India sets the dates for bank holidays. All banks, from private and public sector banks to cooperative and rural or regional banks, are exempt from the holidays on the second and fourth Saturdays of each month. In India, it applies to both non-scheduled and scheduled banks.

Is it true that all of the banks are closed on the Sundays after the second and fourth Saturdays as well?

Yes, all Sundays of the month are closed, including those after the second and fourth Saturday holidays.

Are internet banking services available, and may they be utilized even if banks are closed on the second and fourth Saturdays?

Yes, despite the fact that banks are closed on the second and fourth Saturdays of each month, internet banking services are open and can be utilized, with the exception of RTGS transactions. On the second and fourth Saturdays, other banking services such as NEFT, IMPS, mobile banking, and UPI payment services are available.

Are the Saturday bank holidays in India applicable to all states and union territories?

Yes -- Saturday bank holidays will be the same for all commercial and public sector banks in India across all states and union territories. The second and fourth Saturdays of each month are always reserved for this event.

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