What are the key benefits of SBI Credit Cards?

SBI Credit Cards offer a wide range of benefits, including rewards, cashback, lounge access, discounts, and insurance coverage.

How can I apply for an SBI Credit Card?

You can apply for an SBI Credit Card online through the Paisabazaar platform, where you can compare card options and check for pre-approved offers.

What factors should I consider when choosing an SBI Credit Card?

Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

How can I manage my SBI Credit Card efficiently?

SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

What precautions should I take to avoid accumulating credit card debt?

Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

Indian Overseas Bank Timings in 2024: Opening Time, NEFT Timings & More

In the latest update regarding Indian Overseas Bank, we have the timings for various transactions, including cash and non-cash transactions. Whether you are a customer of IOB or planning to visit one of their branches, this article will provide you with all the necessary information.

The working hours for Indian Overseas Bank in 2024 are as follows: On weekdays (Monday to Friday), the bank opens at 10:00 AM for cash transactions and at 9:30 AM for non-cash transactions. The bank closes at 3:30 PM for cash transactions and at 5:00 PM for non-cash transactions. The bank takes a lunch break from 1:30-2:00 PM, but it's important to note that services are not restricted during this time.

On Saturdays, the bank operates on a different schedule. The 1st, 3rd, and 5th Saturdays of each month have working hours from 10:00 AM to 3:30 PM. However, the bank remains closed on the 2nd and 4th Saturdays. To ensure accurate timings for your specific IOB branch, it is advisable to confirm with the IOB customer care helpline.

During the lockdown period, which was implemented to combat the spread of COVID-19, the bank operated from 10:00 AM to 2:00 PM, Monday to Saturday, except for the 1st and 4th Saturdays. This schedule was enforced to discourage physical visits to the bank and encourage the use of online banking options.

Post lockdown, IOB branches resumed their regular working hours. They now operate from 9:20 AM to 5:00 PM every day. However, customers are required to wear face masks and practice social distancing while visiting the branches to ensure the safety of everyone.

It's important to note that IOB branches are closed on the 2nd and 4th Saturdays of each month. However, online banking services such as internet banking, mobile banking, and bank ATMs are available 24x7, regardless of any bank holidays.

For NEFT transactions, customers can make online transfers 24x7, regardless of holidays. At the branch, NEFT transactions can be done between 10:00 AM and 5:00 PM, with a lunch break from 1:30-2:00 PM. It usually takes up to 1 hour for the transferred amount to reflect in the receiver's bank account, and the payments are processed directly from the RBI in 30-minute batches throughout the day.

If you need to make an RTGS transaction at the branch, you can visit the IOB Bank between 10:00 AM and 5:00 PM. Online RTGS transactions can be made round the clock, regardless of holidays. Please note that the minimum amount required for an RTGS transaction is Rs. 2 lakh.

For IMPS transactions, which are instant electronic payments, customers can make online transfers 24x7 throughout the year. IMPS is similar to RTGS but is used for amounts less than Rs. 2 lakhs. So, if you want to transfer an amount up to Rs. 1.99 lakhs instantly, IMPS is the best option.

Lastly, IOB Bank's UPI window is open 24x7, allowing customers to make immediate payments without the need to share their account details. UPI transactions can be carried out at any time, day or night, even on public or national holidays.

That concludes the latest information on Indian Overseas Bank timings. Stay updated and make the most of their services while keeping in mind the safety guidelines issued by the authorities.