Indian Overseas Bank Timings

Indian Overseas Bank Timings: Working Hours, Lunch Timings

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Indian International Bank was established in 1937 to promote overseas banking and foreign exchange. Mr. Thiru. M. Ct. M. Chidambaram Chettiar was the founder of the bank. The Indian Overseas Bank was established after the 2nd world War in Sri Lanka, Thailand, Malaya, and Hong Kong. IOB consolidated small banks such as Nanjinnad Bank, Coimbatore Standard Bank, Coimbatore Vasunthara Bank, Kulithalai Bank, etc. In 1960.  IOB Bank was nationalized by the Government of India in 1969, and it became public in 2000 through an IPO. 75% of shares of the Bank are in the hold of the Indian Government.

For the IOB customers, you must know the Indian Overseas Bank Timings so that you can visit the bank at a suitable time to make your banking activities easier and hassle-free. Here, we will discuss the IOB Bank Timings in Detail:

Also Read: IOB Net Banking: Registration And Login Process

Indian Overseas Bank Timings and Working Hours 2024

If you have a bank account with IOB, you must know the IOB working hours, IOB Bank Lunch Time, etc. You must know the timetable of the bank so that you save time while waiting long hours in the branch. The table below depicts the IOB Bank Timings:

DaysCash Transactions TimingsIOB Working Hours for Non-cash Transaction
IOB Bank opening time (Monday to Friday)10:00 AM9:30 AM
IOB Bank closing time(Monday to Friday)3:30 PM5:00 PM
IOB Bank Lunch Time1:30 – 2:00 PM (Services available) 
IOB Bank Saturday Timings1st, 3rd, and 5th Saturday – 10:00 AM and 3:30 PM

2nd and 4th Saturday – Closed

1st, 3rd, and 5th Saturday – 10:00 AM and 5:00 PM

2nd and 4th Saturday – Closed

IOB Bank Timings on Saturday

The IOB Bank Timings vary as per branch. However, the usual working hours of the bank are 10:00 am to 4:00 pm. Here are some facts that you must remember about the Indian Overseas Bank Timings:

  • The 2nd and 4th Saturday of every month is the bank holiday.
  • Monday to Friday and the 1st, 3rd, and 5th Saturdays of every month are the normal working days, i.e., 10:00 AM to 4:00 PM.
  • The bank remains closed on all Sundays and National holidays 

IOB Bank Lunch Time

The IOB Bank lunch times are usually from 1:30 pm to 2:30 pm. You must keep in mind that the Lunch Time may vary from branch to branch. The staff of Indian Overseas Bank take lunch breaks in rotation to ensure that bank services are not stopped during lunch. So, if you visit the bank during Lunch Time, you will find someone to assist you. 

IOB Bank Timings for NEFT

The NEFT transactions are processed daily in IOB from 8:00 am to 7:00 pm. The service is unavailable on the 2nd and 4th Saturdays and other holidays.

IOB Bank Timings for RTGS

From 8:00 am to 4:30 pm, you can avail of the RTGS services in the IOB Bank but do not apply for RTGS on second and fourth Saturdays and bank holidays.

IOB Bank Timings for Locker

For Locker holders in IOB Bank, you must know the Indian Overseas Bank Timings for Locker to make visiting your locker easier. The locker service is available during the working hours of the bank. There is no separate time for locker users. If you wish to apply for a locker at IOB, you must visit during normal working hours of the bank.

IOB Bank Timings for UPI

IOB UPI works 24/7 because it is the payment mode that customers use for instant payment through a bank account. You can use it any day, anytime, without worrying about the holidays.

Conclusion

Indian overseas bank offers various facilities to customers to make their banking experience seamless. However, there are some IOB Bank timings that the customers must know and visit the bank according to their schedule. It is advised not to visit the bank during IOB Bank Lunch Time to avoid delays in the services. Also, you must familiarize yourself with the national holidays before visiting the bank.

Indian Overseas Bank Timings – FAQs

Does the IOB Bank work on Saturdays?

Indian Overseas Bank remains open every month on the 1st, 3rd and 5th Saturdays. However, the 2nd and 4th Saturdays are the bank holidays. The Indian overseas bank timings for working days are 10:00 am to 4:00 pm.

What is the RTGS timing for IOB Bank?

The Indian overseas bank timings for RTGS are 10:00 am to 5:00 pm throughout the week, even on holidays. The service is available 24 hours a day, and you can pay a minimum of Rs. 2 lacs using RTGS.

What is the NEFT timing for IOB Bank?

The NEFT timing for IOB is 8:00 am to 7:00 pm from Monday to Friday and the 1st, 3rd, and 5th Saturdays of the month.

What is the IOB Bank opening time?

The Indian overseas bank timings for opening are 10:00 am to 5:00 pm. However, the IOB Bank opening time may vary from branch to branch, so you must know the time of your branch before visiting.

What is the IOB Bank Lunch Time?

The IOB Bank lunch time is 30 minutes from 1:30 to 2:00 pm every day. The bank staff doesn’t go for lunch; they eat lunch in rotations. So, bank activities always continue for lunch.

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