State Bank of Indore is situated in the state capital of Madhya Pradesh, Indore. It is one of the six associate banks of State Bank of India. The bank was held by the Maharaja who ruled over the He princely state of Indore. State Bank of Indore acquired a lot of banks like Bank of Dewas. The Maharaja of Indore had a monopoly over the bank for more than 10 years. The Government of India released an order in the year 2009 for the merger of State Bank of Indore with State Bank of India. Finally, in the year 2010, the bank was merged with SBI.
State Bank of Indore Timings & Working Hours
|State Bank of Indore Timings on Weekdays (Monday to Friday)||10:00 a.m. to 4:00 p.m.|
|State Bank of Indore Working Hours on Saturday(1st, 3rd, and 5th Saturday)||10:00 a.m. to 4:00 p.m.|
|State Bank of Indore Timings (2nd and 4th Saturdays)||Closed|
|State Bank of Indore Office Timings on Sundays||Closed|
State Bank of Indore Lunch Timings
The lunchtime at the bank is from 2:00 p.m. to 2:30 p.m. All the employees of the bank cannot go for a lunch break at the same time. They go in batches to ensure minimum working strength to attend customers.
NEFT Transfer Timings
NEFT Transfer Timings was changed 24x7x365 days of the year with an order from August 2019. This is possible only with online transfer. When it comes to transferring in offline mode, it is possible only during bank working hours.
RTGS Transfer Timings
With an order that came into functioning from January 2020, the timings for RTGS Transfer was changed to 24x7x365 as well. However, the timings for offline RTGS Transfer remain from 7:00 a.m. to 6:00 p.m. only.
|Types of Fund Transfer||State Bank of Indore Timings|
|NEFT||8:00 a.m. to 7:00 p.m.|
|RTGS||7:00 a.m. to 6:00 p.m.|