Union Bank of India Announces Updated Timings and Services
Union Bank of India Announces Updated Timings and Services
Mar 21, 2024
15 Mins
Union Bank of India, one of the largest government-owned banks in the country, has issued a recent update regarding its banking hours and services. It is essential for customers and prospective clients to be aware of these changes.
Banking Hours and Days
Union Bank of India will be open for business from 10:00 AM to 4:00 PM on weekdays (Monday to Friday). However, it is important to note that the bank will be closed on the 2nd and 4th Saturdays, Sundays, and public holidays. Please keep in mind that these timings may vary across branches.
NEFT and RTGS Services
Under the recent guidelines provided by the RBI (Reserve Bank of India), Union Bank of India will be offering round-the-clock NEFT and RTGS services for fund transfer, ensuring convenience for customers on a 24x7x365 basis.
Previously, NEFT transactions were processed between 8:00 AM and 6:30 PM on weekdays, with bulk NEFT files required to be uploaded before 6:00 PM for same-day processing. RTGS transfers, on the other hand, were conducted between 8:00 AM and 4:20 PM, with bulk RTGS files needing to be uploaded before 3:30 PM for same-day processing.
Restoration of Services Post COVID-19 Lockdown
Following the end of the COVID-19 lockdown, Union Bank of India has resumed its regular operating hours and restored all banking services. During the lockdown, the bank had taken necessary measures to protect its customers and staff, including adjustments in staff count and providing a 'COVID-19 Regulatory Package'.
Previously closed services such as account opening, passbook printing, cash deposit and withdrawal, cheque clearing, remittances and government transactions, and note exchange services have now been reinstated.
However, it is advisable for customers to utilize Union Bank of India's Net-banking and Mobile Banking services for all financial and non-financial transactions, unless a visit to the branch is absolutely necessary. Customers visiting the bank must adhere to the guidelines regarding social distancing and sanitization, issued by the bank in line with the ongoing pandemic.
Locker Services and Lunch Break Policy
Union Bank of India's locker services are available during the bank's normal working hours. Customers interested in operating existing lockers or applying for new ones can visit their nearest branch during these hours. The bank does not have a formal lunch break for its employees, ensuring the smooth operation of services throughout the day.
About Union Bank of India
Established on November 11, 1919, in Bombay, Union Bank of India (UBI) has grown to become one of the leading government-owned banks in India. The bank now boasts over 4,000 branches both in India and abroad. UBI offers a comprehensive range of services to its retail and corporate clients.
In conclusion, Union Bank of India continues to prioritize the needs of its customers by providing updated timings and convenient services. Stay informed and make the most of your banking experience with Union Bank of India.
Union Bank of India, one of the largest government-owned banks in the country, has issued a recent update regarding its banking hours and services. It is essential for customers and prospective clients to be aware of these changes.
Banking Hours and Days
Union Bank of India will be open for business from 10:00 AM to 4:00 PM on weekdays (Monday to Friday). However, it is important to note that the bank will be closed on the 2nd and 4th Saturdays, Sundays, and public holidays. Please keep in mind that these timings may vary across branches.
NEFT and RTGS Services
Under the recent guidelines provided by the RBI (Reserve Bank of India), Union Bank of India will be offering round-the-clock NEFT and RTGS services for fund transfer, ensuring convenience for customers on a 24x7x365 basis.
Previously, NEFT transactions were processed between 8:00 AM and 6:30 PM on weekdays, with bulk NEFT files required to be uploaded before 6:00 PM for same-day processing. RTGS transfers, on the other hand, were conducted between 8:00 AM and 4:20 PM, with bulk RTGS files needing to be uploaded before 3:30 PM for same-day processing.
Restoration of Services Post COVID-19 Lockdown
Following the end of the COVID-19 lockdown, Union Bank of India has resumed its regular operating hours and restored all banking services. During the lockdown, the bank had taken necessary measures to protect its customers and staff, including adjustments in staff count and providing a 'COVID-19 Regulatory Package'.
Previously closed services such as account opening, passbook printing, cash deposit and withdrawal, cheque clearing, remittances and government transactions, and note exchange services have now been reinstated.
However, it is advisable for customers to utilize Union Bank of India's Net-banking and Mobile Banking services for all financial and non-financial transactions, unless a visit to the branch is absolutely necessary. Customers visiting the bank must adhere to the guidelines regarding social distancing and sanitization, issued by the bank in line with the ongoing pandemic.
Locker Services and Lunch Break Policy
Union Bank of India's locker services are available during the bank's normal working hours. Customers interested in operating existing lockers or applying for new ones can visit their nearest branch during these hours. The bank does not have a formal lunch break for its employees, ensuring the smooth operation of services throughout the day.
About Union Bank of India
Established on November 11, 1919, in Bombay, Union Bank of India (UBI) has grown to become one of the leading government-owned banks in India. The bank now boasts over 4,000 branches both in India and abroad. UBI offers a comprehensive range of services to its retail and corporate clients.
In conclusion, Union Bank of India continues to prioritize the needs of its customers by providing updated timings and convenient services. Stay informed and make the most of your banking experience with Union Bank of India.
Author
Pluto Team
Share with your friends
Help you friends in learning more about personal finance by share this blog.
Help you friends in learning
more about personal finance
by share this blog.
Help you friends in learning more about personal
finance by share this blog.
Silimar Blogs
West Bengal Caste Certificate
West Bengal Caste Certificate
June 22, 2024
Star Health Insurance Customer Care
Star Health Insurance Customer Care
June 22, 2024
SBI Savings Account
SBI Savings Account
June 22, 2024
How to Check FASTag Balance
How to Check FASTag Balance
June 22, 2024
Bhoomi Online - Karnataka's Land Records & RTC
Bhoomi Online - Karnataka's Land Records & RTC
June 22, 2024
Current Petrol Price in Bangalore
Current Petrol Price in Bangalore
June 22, 2024
View More
Download App
Explore More
Managing assets totalling over 1 crore+