Established in 1906 by Late Sri Ammembal Subbarao Pai under the name Canara Bank Hindu Permanent Fund it is one of the oldest banks in India. The bank was nationalized in 1969 and it is currently headquartered in Bengaluru.
Canara Bank is now one of the most trusted banks not only in India but across the world as well.
This article will help you get acquainted with all the necessary timings of Canara Bank.
Canara Bank Timings Due to COVID-19 Outbreak
COVID-19 outbreak has led to a huge dis-functionality in all the world’s systems. The banking system has been the worst impacted as well. But Banks being the backbone of our economy cannot be shut down completely. The Indian Bank Associations has therefore issued certain guidelines to help in the risk-free and smooth running of banks. These include the alteration of bank timings as well.
The branch timings of Canara Bank haven’t changed due to the COVID-19 pandemic. But according to Indian Bank Associations guidelines the banks are supposed to work at a maximum staff capacity of 15%.
The services offered by banks during these times are limited to essential services only.
- Cash deposits/withdrawals
- Clearance of cheques
- Government transactions
Canara Bank’s branch timings are the same throughout the country. During the normal scenario, the bank is open from 10:00 AM to 3:30 PM every Monday to Friday.
During 1st, 3rd & 5th Saturdays of the month the branch Timings are 10:00 AM to 3:30 PM. The bank is closed on 2nd Saturday, 4th Saturday, Sundays, and on the other national holiday of the month.
Canara Bank Lunch Timings
The employees of Canara Bank go to lunch on a rotational basis. So there won’t be any time when all the employees are out on break at once.
Generally, lunch timings are between 1 PM to 2 PM.
Note: Usually the timings are the same across all branches, but there can be a little different from branch to branch.
NEFT Transfer Timings
During Normal scenarios, the NEFT transfer can be made from Canara Bank during the working days between 8:00 AM to 6:45 PM.
The working days are Monday to Friday every week and 1st, 3rd and 5th Saturday of every month. On the 2nd, 4th Saturday, Sundays, and on the other national holidays the NEFT transfer services cannot be availed.
RTGS Transfer Timings
During Normal scenarios, the RTGS transfer can be made from Canara Bank during the working days between 8:00 AM to 4:30 PM.
The working days in Canara Bank are from Monday to Friday every week and 1st, 3rd, and 5th Saturday of every month.
The 2nd, 4th Saturday, Sundays and such other days as declared by the government are national holidays when the RTGS transfer services cannot be availed.
- NEFT/RTGS transaction made after the working hours will be settled on the next NEFT/RTGS business days
- Transactions attempted after 4:30 pm will be rejected at RBI on the very same day.