Canara Bank Timings Know Working Hours, Lunch Timings

Canara Bank is a nationalized bank of India. If you want to do business with Canara Bank by visiting the branch then you must know the Canara Bank Timings.

Canara Bank offers a host of banking services to its customers, which include net banking and mobile banking.

Canara Bank operates from Monday to Saturday (except 2nd and 4th Saturday). Given below are the timings of Canara Bank and NEFT, RTGS timings.

Canara Bank Timings

Normal working hours have come into force in all Canara Bank branches post the COVID-19 lockdown. That is, Canara Bank will be open from Monday to Saturday (except 2nd and 4th Saturday) from 10:00 AM to 3:30 PM.

At the beginning of the lockdown, Canara Bank had suspended all non-essential services like passbook update for the safety of its customers and employees.

You can now avail Passbook Printing, Account Opening, Cash Deposit & Withdrawal, Check Clearing, Remittance, Government Transaction and Note Exchange Services at the Bank.

The Bank advises its customers to use Canara Bank Net-Banking and Canara Bank Mobile Banking services for most of their banking related activities to reduce crowding at banks and ATMs.

NEFT Timing

Funds transfer transactions under the NEFT service are settled in batches. Let’s know the timing of NEFT-

However, to avail this facility 24X7, account holders are advised to use the NEFT system to transfer funds under online banking. Also, banks will not levy any charges on such transactions till further notice.

RTGS Timing

• Canara Bank branch timings may vary from branch to branch.
• Canara Bank customers can visit the bank on any week and on the 1st, 3rd and 5th Saturday of the month, unless it is a gazetted holiday.

Time table of banks in india

Banks usually open at 9:30 am and close at 5:30 pm. However, there are some banks which are open for 12 hours a day i.e. from 8:00 AM to 8:00 PM. There are some banks which remain open for the customers from 6:00 am to 4:00 pm.

Hence, it is advised that one should know the functioning of the bank before visiting the branch.

During the working hours of a bank a customer can visit the bank for financial non-financial work. All the services offered by the bank can be availed during these hours.

Canara Bank Lunch Time

Canara Bank employees go for lunch at different times so that business is not disrupted during working hours. Lunch time is from 1 pm to 2 pm.

NEFT and RTGS Timings in Canara Bank

Canara Bank NEFT Timings:

The settlement timing of Canara Bank is from 8 AM to 7 PM. According to the RBI, there are settlement batches of 48 hours every day. The first batch of settlement starts after 00:30 and the last batch ends at 00:00.

Canara Bank RTGS Timings:

RBI has made the facility of money transfer through the Real-Time Gross Settlement (RTGS) system available to Canara Bank customers 24×7 on all days of the week. Transaction attempted after 04:30 PM. Will be rejected by RBI on the same day.

Some details about Canara Bank

Canara Bank was established in the year 1906 with the name of Canara Bank Hindu Permanent Fund. Late Shri Ammembal Subbarao Pai was the founder of the bank. It later became a limited company in 1910 by the name of Canara Bank Limited.

When the bank was nationalized in 1969, the bank came to be known by its moniker ‘Canara Bank’. The headquarter of the bank is in Bangalore. The bank is one of the oldest banks in India and has become one of the most trusted brands in the world of banking.

Also read: Bank of Baroda Timings

Frequently asked questions

1. What are bank hours on saturday?

Banks are open on the 1st, 3rd and 5th Saturdays of every month if there are no gazetted holidays.

2. What is the lunch timing of banks?

The work of banks does not stop during lunch. Customers can visit the bank at any time during the working hours of the bank. Bank employees keep their lunch time between 1:00 pm to 3:00 pm separately i.e. in rotation so that the work is not affected.

3. What is the RBI bank timings?

 The Reserve Bank of India functions only on weekdays. The RBI bank deadlines are as follows:

People can visit the Reserve Bank of India for work only during banking hours. Bank does internal work in remaining working hours

4. What are the NEFT Timings of Banks?

The working hours of NEFT are decided by the Reserve Bank of India. From December 16, 2019, it has been decided that NEFT will be available to its customers 24×7 hours. This facility will be available on all days of the year including holidays.

NEFT is a nationwide payment system through which you can transfer money from one bank account to another bank account.

5. What are the RTGS Timings of Banks?

Money is transferred in real time under Real Time Gross Settlement (RTGS). This means that money is transferred instantly. As per RBI directive, customers can now use Real Time Gross Settlement (RTGS) money transfer facility 24×7 on all days of the week.