Canara Banking Timings/Canara Time:- Canara Bank was established in 1996 by Late Sri Ammembal Subbarao Pai. At the time of inception, Canara Bank was named “Canara Bank Hindu Permanent Fund.” Canara Bank is one of the oldest banks in India, and this bank was first included in the nationalized banks in the year 1969. The headquarter of Canara Bank is located in Bengaluru, Karnataka state.
Presently, Canara Bank comes in the category of reliable banks in India and worldwide. In this post, you will be provided with detailed information about ‘Canara Banking Timings/Canara Time.’ If you want to know about Canara Time, like Canara Bank Timings, Canara Bank Lunch Time, Canara Bank NEFT Time, and Canara Bank RTGS Time (Canara Time for RTGS), then click here Do read the post till the end.
Canara Bank Timings Due to COVID-19 Outbreak
The COVID-19 outbreak shook not only India but also the entire world economy and the banking system. Due to Kovid-19, changes were not made in Canara Banking Timings / Canara Time. The banking sector was worst affected due to Kovid-19. The banking sector is the backbone of the economy of any country, which could not be closed even in complete lockdown.
Banks had issued a new banking timetable to provide facilities to their customers as per the Reserve Bank of India guidelines. Canara Bank did not issue any new Canara Timings. As per RBI guidelines, the Indian Banks Association has changed banking timings for a risk-free, smooth banking service. In this episode, during the Covid-19 outbreak, Canara Bank did not change the Canara Time while moving forward but had reduced the staff.
Canara Bank did not make any changes in Canara Bank branch timings even during the Covid-19 pandemic. But as per the Indian Bank Associations guidelines, Canara Bank has worked with the same Canara Bank Timings with a maximum of 15% staff capacity.
But during the Covid-19 pandemic, Canara Bank only offered essential services. Canara Time did not change even during Covid-19 in Canara Bank to fulfill essential services. During the COVID-19 pandemic, Canara Bank has continued the following essential services during Canara Bank Timings.
- Cash deposits/withdrawals
- Clearance of checks
- Government transactions
Canara Bank Working Hours/Canara Time as Working Hours
Canara Bank’s branch timing is an honor in almost all cities of India. Usually, the Canara Branch opening time is 10:00 am, and the closing time is 3:30 pm. The services offered by Canara Bank within the time mentioned above continue from Monday to Friday.
Canara Bank Non-Working Days
Canara Banking Timing is from 10:00 am to 3:30 pm on the 1st, 3rd & 5th Saturdays of every month. Canara Bank remains closed on the 2nd and 4th Saturdays and Sundays every month. Canara Bank branches are closed every month on national holidays declared by the Government of India.
Canara Bank Lunch Timings /Canara Time for Lunch
There is no specific time for Canara Lunch Timings for Canara Bank Employees; instead, Canara Bank employees take their lunch on a rotational basis. Canara Bank employees make lunch one-by-one without being affected by banking services. So we can say that Canara Bank Lunch Timings is based on a rotational basis.
By the way, usually, Canara Time for Lunch is between 1:00 to 2:00 in the day. Generally, Canara Banking Timings are around the same all over India; however, the Canara Bank branch timings in certain regions may vary slightly depending on the season.
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Canara Time for NEFT/ Canara NEFT Transfer Timings
Usually, Canara Time for NEFT transfer in Canara Bank is 8:00 am to 6:45 pm on any working day.
In Canara Bank, Monday to Friday are working days, while the 1st, 3rd, and 5th Saturdays of every month are also included in working days. Canara Bank does not offer an NEFT transfer facility on National Holidays and 2nd and 4th Saturdays and Sundays every month.
Canara Times for RTGS/Canara Bank RTGS Transfer Timings
Generally, Canara Bank NEFT transfer timings (Canara Times for RTGS) are from 8:00 am to 4:30 pm on any working day.
Every week Monday to Friday and 1st, 3rd, and 5th Saturday of the month are working days in Canara Bank, and from 8 am to 4.30 pm Canara Bank RTGS Transfer Timings are there.
Canara Bank RTGS services are not made available on the second and fourth Saturdays of every month and Sundays of every month, and on national holidays declared by the Government of India.
Some critical Points related to Canara Time / Canara Banking Timings
- Canara Bank branches are open from 10:00 am to 3:30 pm in every country. That is, Canara Time is from 10:00 am to 3:30 pm.
- In Canara Bank, every Sunday and the second and fourth Saturday of the month are holidays.
- Canara Bank branches remain closed on every national holiday declared by the Central Government.
- The Canara Time for RTGS at Canara Bank branches is from 8:00 am to 4:30 pm.
- NEFT services (Canara Times for NEFT) are provided at Canara Bank branches from 8:00 am to 6:45 pm.
- In Canara Bank, every 1st, 3rd, and 5th Saturday of the month is a working day.
- If you use RTGS and NEFT services after Canara Banking Timings, the same will be completed within the next working day.
- Usually, Canara Bank Lunch Time / Canara Time for Lunch is between 1:00 to 2:00 in a day, with employees having lunch at random.
- Transactions attempted after 4:30 pm by the Reserve Bank of India are rejected.
Canara Bank did not change the timings of its bank branches even during the COVID-19 pandemic but worked with 15% of the staff’s total strength following the Banks Association guidelines. Like other banks in Canara Bank, the standard branch opening time is 10:00 am, while the Canara Time for Closing is 3:30 pm.
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