For those of you having a bank account in the Federal Bank, this article must be bookmarked in your device. Here we have collated the latest Federal Bank timings – Federal Bank lunch time, opening time, cash transaction time, etc. Such figures prove beneficial if you do not prefer standing outside the branch waiting for it to open.
Federal Bank Timings: Federal Bank Working Hours in 2023
To check the updated opening/closing time, lunch hours and more about the Federal Bank, please refer the table provided below:
Days | Cash Transaction Hours | Non-Cash Transaction Hours |
Federal Bank Opening Time (Monday to Friday) | 10:00 AM | 9:30 AM |
Federal Bank Closing Time (Monday to Friday) | 3:30 PM | 5:00 PM |
Federal Bank Lunch Time | 2:00 – 2:30 PM | |
Federal Bank Saturday Timings | 10 am to 3:30 pm (1st, 3rd & 5th) 2nd and 4th – CLOSED | 10 am to 5:00 pm (1st, 3rd & 5th) 2nd and 4th – CLOSED |
Federal Bank Timings During Lockdown
Federal Bank timings were majorly impacted during the Covid-19 lockdown. The bank operated from 10 AM to 2 PM with only essential services provided. Services like getting passbook updated were not provided at the branch. Customers were required to opt for online banking facility unless it was absolutely to visit the branch.
Federal Bank Timings Post Lockdown
Post lockdown all the branches of Federal Bank are working as per the usual bank timings of 9:30 AM to 5:00 PM. Cash transactions can be done till 3:30 while for non-banking operations, branches remain open till 5 in the evening. However, it is still suggested not to visit the branch office if the services are available online.
For precise timings of your base branch, we suggest you confirm the same with the Federal Bank Customer Care Centre.
Federal Bank Lunch Time
Federal Bank provides its employees with a break of 30 minutes that starts at 2:00PM and ends at 2:30PM. Customers are requested to excuse the employees during this time.
Federal Bank Saturday Timings
Every 2nd and 4th Saturdays are observed as bank holidays by the Federal Bank. That said, online banking facilities are available throughout the year. Also, 1st, 3rd and 5th are working Saturdays of each month.
Federal Bank NEFT Timings
Federal Bank NEFT payments are available throughout the day if done online. However, if one needs to do at the branch NEFT payment, they must submit the NEFT form by 5PM in the evening. NEFT payments take around 1 hour to reflect in the beneficiary’s account since the payments are processed through RBI.
Federal Bank RTGS Timings
RTGS payments via Federal Bank can be done anytime during the day if done online. This is a real-time payment process, i.e. there is no waiting time like that of an NEFT payment process. For at the branch payment via RTGS, customers are requested to submit the RTGS form by 5 in the evening.
Important: Min. transaction amount – Rs. 2 lakhs
Federal Bank IMPS Timings
IMPS is an instant electronic mode of payment. This is the same as RTGS but for amounts less than Rs. 2 lakhs. Federal Bank IMPS online window is open 24×7 throughout the year.
Federal Bank UPI Timings
Since the UPI transactions are done using only the online mode, there is no off time for Federal Time UPI Timings. This means that be it at night or a public holiday, you can transfer funds from and to your Federal Bank account using the UPI mode of payment. There is a limit of Rs. 1 lakh per day for UPI payment via Federal Bank.
Also, check Working Hours for Other Banks:
Federal Bank Timings – FAQs
Federal Bank working hours start from 10 in morning, every Monday to Saturday (except second and fourth Saturday and public holidays).
The bank closes cash transactions by 3:30-4:00 PM while the non-cash transactions are accepted till 5PM in Federal Bank branches.
The bank observes a lunch break of half an hour from 2:00PM to 2:30PM.
NEFT transactions can be carried throughout the day via the FedNet or FedMobile banking options. At the branch, NEFT transactions are available till 5PM.