Bank of India Timings: All you need to know

Bank of India is a leading financial institution in India and services thousands of customers on a daily basis. It is a government-owned institution and is headquartered in Mumbai, which adds to its authenticity and popularity, making it one of the top 5 banks in the country. There are more than 5000 branches of the Bank of India in the country and abroad. In order to make financial assistance more readily available to customers, the bank operates 5 days a week and is open on working Saturdays.

While the bank is open on most days to extend financial assistance, it has a fixed working hour window during which it entertains customers. This makes it crucial for customers to find out the exact Bank of India timings and its working days so that they can avail timely assistance in a hassle-free manner and without any inconvenience. 

That said, let us check out the Bank of India timings and more to help you make the best of the banking service. 

Bank of India Timings

Notably, BOI times tend to vary as per the area they serve, and it often differs for branches based in metros, rural areas, urban areas, and semi-urban locations. 

Check out the following to gain a better idea about the timings in different areas:

  1. Urban areas and metros

Bank of India timings for urban areas are metros are as follows:

Monday through Friday branches are open from 9:45 am to 4:45 pm

1st, 3rd, and 5th Saturdays branches are open from 9:45 am to 4:45 pm

Bank of India Working Days

Bank of India Working Hours
Monday – Friday9:45 am to 4:45 pm
Working Saturdays9:45 am to 4:45 pm
Public holidaysClosed
  1. Semi-Urban areas or rural areas

Typically, the BOI branches based in rural or semi-urban areas are open from 10:00 am to 5:00 pm. Also, during the 1st, 3rd, and 5th Saturdays of the month, the bank branches are operational from 10:00 am to 5:00 pm.

Bank of India Working Days

Bank of India Working Hours
Monday – Friday10:00 am to 5:00 pm
Working Saturdays10:00 am to 5:00  pm
Public holidaysClosed

Bank of India Lunch Timings

The lunch break usually runs for 30 minutes and starts from 2:30 pm. However, the team at Bank of India branches rotate their lunch break so that there is always a staff available at the counter to assist customers with their requirements. 

The lunch timing at the rural branches is also the same. However, it must be noted that the exact lunch hour may vary among branches, with some branches choosing to close their counter during the break hour. It is always advisable to find the lunch break timing beforehand to avoid visiting the bank branch around that time.

NEFT and RTGS Timings in BOI

National Electronic Funds Transfer or NEFT allows individuals to send funds to credit accounts with other participating financial institutions. Meanwhile, Real Time Gross Settlement, or RTGS, allows the transfer of funds from one financial institution to another in real-time. Notably, the RTGS system is the fastest option when it comes to interbank fund transfer, and it is accessible in India through secure banking channels, enhancing the method’s security.

At present, NEFT transactions can be made at any time. However, the credit to the beneficiary account in question has to be made on the same or the following working day, which depends on the payment time and the beneficiary bank.

However, the RTGS timings followed at present are 8:00 am – 4:30 pm on weekdays. However, it must be noted that banks may follow different operating hours on the weekends.

Bank of India IMPS Timings

Notably, the IMPS or Immediate Payment System is an online mode of transaction. This is why, the service is available to customers 24×7, i.e., it is available round the clock.

Though it is similar to the RTGS facility, it is mostly for smaller amounts. For instance, there is no lower limit on IMPS. However, there is a daily cap on the maximum transaction limit which is set at Rs. 5 lakh.

Bank of India UPI Timings

Bank of India UPI is an online payment service that is available all the time, even during public holidays. Being an online payment mode, it ensures a quick and easy transfer service that doesn’t require bank visits or waiting in queues. Having a stable internet connection and an active bank account is enough to enjoy this service at any time and from anywhere.

Hence, these are the crucial Bank of India timings that customers should know about to ensure hassle-free financial transactions and timely assistance. 

That said, here’s a table containing the active hours of major banking institutions in India.

BankMonday to FridayWorking Saturdays

State Bank of India Bank
9.00 AM to 3.30 PM9.00 AM to 3.30 PM
HDFC Bank9:30 AM – 3:30 PM9:30 AM – 3:30 PM
RBL Bank10:00 AM – 5:00 PM10:00 AM – 5:00 PM
ICICI Bank10:00 AM – 2:00 PM10:00 AM – 2:00 PM
IDBI Bank10:00 AM – 4:00 PM10:00 AM – 4:00 PM
Bank of Baroda10:00 AM – 4:00 PM10:00 AM – 4:00 PM
YES Bank9:30 AM – 4:30 PM9:30 AM – 4:30 PM
Allahabad Bank10:00 AM – 4:00 PM10:00 AM – 4:00 PM
Punjab National Bank10:00 AM – 4:00 PM10:00 AM – 4:00 PM
HSBC Bank10:00 AM – 4:00 PM10:00 AM – 4:00 PM

Notably, the bank timings may vary. It is advisable to check with the bank branch before visiting in person. Also, customers who wish to see any of these banks just to check their balance can dial the designated balance check number or online services. For instance, a Central bank of India customer can check out the Central Bank of India balance check number or other alternative methods to access their account information. Similarly, other bank customers may reach out to their bank executives and avail of their account balance details without visiting the branch.

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