Jana Small Finance Bank is a small finance bank that starts operations on 28th March 2018.
According to the Banking Regulation Act of 1949, Jana small financial banks are regulated by the Reserve Bank of India.
Earlier, changing a bank, the company was the largest microfinance company in India, Janalakshmi Financial Services, which was established on July 24, 2006.
As a microfinance lender, the company suffered a huge loss after the demonetization of Indian banknotes in 2016. When it transformed into a small finance bank, the company suffered a total loss of ₹2,504 crores rupees (356 million US dollars). In November 2019, Jana Small Finance Bank announced that the September 2019 quarter was her first profitable quarter since demonetization.
Jana Small financial bank got the status of a Scheduled bank, Government notified this on July 27, 2019, by including Jana Small Finance Bank in the list of banks involved in the 2nd Schedule of RBI Act, 1934. Present Jana Small finance bank CEO is Ajay Kanwal.
Jana Small Finance Bank Timings & Working Hours
| Day | Business Hours |
| Jana Small Finance Bank Timings on Weekdays (Monday to Friday) | 10:00 a.m. to 04:00 p.m. |
| Jana Small Finance Bank Timings on Saturdays (Except 2nd and 4th Saturdays) | 10:00 a.m. to 04:00 p.m. |
| Jana Small Finance Bank Office Timings on 2nd and 4th Saturdays | Closed |
| Jana Small Finance Bank Office Timings on Sundays | Closed |
Jana Small Finance Bank Lunch Timings
The Lunch hours of Jana Small Finance Bank are mostly between 01:00 and 02:00 p.m. But Bank employees take breaks in groups to provide services to customers who arrive at the bank during the specified lunch timings.
NEFT Transfer Time
Its Services are available 24×7.
NEFT facilitates interbank electronic fund transfers between branches of banks based on predefined RBI settlement cycles in the NEFT system.
RTGS Transfer Time
Real-Time Gross Settlement (RTGS) Transactions under the government for RTGS as specified by the Reserve Bank of India. Jana Small Finance Bank Timing of RTGS transfer – Monday to Saturday: 7 a.m. to 5 p.m. (Except 2nd and 4th Saturdays and other holidays declared by RBI).
Check Also: SBI Bank Timings & Working Hours
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