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Investment Simplified > Banking > IDBI Bank Timings: IDBI Lunch Time, NEFT timings & more
Banking

IDBI Bank Timings: IDBI Lunch Time, NEFT timings & more

Monika Mohan
Monika Mohan August 17, 2022 5 Min Read
Updated 2023/03/22 at 4:19 PM
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In order to make your bank visit a productive one without having to waste time, bank timings must always be checked in prior. For the same reason, we have collated the updated IDBI Bank timings for the customers of IDBI Bank Ltd. Also, customers can check for the IDBI Bank lunch time so that one doesn’t unnecessarily end up waiting for the services to resume.

Contents
IDBI Bank Timings & Working Hours – 2023IDBI Bank Timings in LockdownIDBI Bank Timings Post LockdownIDBI Bank Lunch TimeIDBI Bank Timings on SaturdayIDBI Bank NEFT TimingsIDBI Bank RTGS TimingsIDBI Bank IMPS TimingsIDBI Bank UPI TimingsIDBI Bank Timings – FAQs

IDBI Bank Timings & Working Hours – 2023

To check the latest IDBI Bank opening time, lunch hours, etc., refer to the details given in the IDBI Bank timings table below:

DaysBusiness Hours
IDBI Bank Timings on Weekdays (Monday to Friday)10:00 AM to 4:00 PM
IDBI Bank Lunch TimeNot specified
IDBI Bank Opening Time10 AM every working day (for the customers)
IDBI Bank Saturday Timings1st, 3rd & 5th – 10 AM to 4:00 PM
2nd and 4th – CLOSED
IDBI Bank Timings

IDBI Bank Timings in Lockdown

During the period of Covid-19 induced lockdown, all the banks in India, including IDBI Bank Ltd., worked on new and reduced bank timings. After a detailed discussion between RBI and the Government of India, it was proposed that the banks will operate every Monday to Friday and every 1st, 3rd and 5th Saturday, from 10 AM till 2 PM.

IDBI Bank Timings Post Lockdown

Once the lockdown was lifted, all the branches of IDBI Bank Ltd. resumed operations as per their normal working hours. Post lockdown, IDBI Bank branches open around 10AM every Monday to Friday and close by 4PM for customers. This timeline is followed every 1st, 3rd and 5th Saturday as well.

IDBI Bank Lunch Time

IDBI Bank Ltd. staff is provided with 30 minutes of lunch break which is taken in shifts. This is done so as to attend the customers throughout the business hours of IDBI Bank Ltd. Lunch time may differ from branch to branch however, usually it starts around 1PM and may be observed till 2PM. Customers can visit the bank even in lunch hours.

IDBI Bank Timings on Saturday

In the year of 2015, RBI released a set of guidelines in which it was stated that all the scheduled banks in India will be closed every 2nd and 4th Saturday of every month. This means that these days are now counted in the list of bank holidays. That said, every 1st, 3rd and 5th Saturday of each month is observed as a normal working day, except if the days fall on any pre-existing bank holiday.

IDBI Bank NEFT Timings

NEFT payments via your IDBI Bank account can be done online anytime of the day, i.e. the IDBI NEFT window is open 24×7. If you wish to make an NEFT payment via cheque at a participating IDBI branch, you may do so anytime in the IDBI Bank working hours. Please refer to the IDBI Bank Timings table.

IDBI Bank RTGS Timings

RTGS timings of IDBI Bank for making branch payments: 10AM to 4PM, Monday to Saturday (except 2nd and 4th Saturday)

Online RTGS payments can be done anytime, irrespective of bank holidays. These transactions are processed in real time which means the transacted amount gets reflected in the receiver’s bank account immediately.

Important: Minimum amount of Rs. 2 lakhs is required to carry out an RTGS transaction.

IDBI Bank IMPS Timings

IMPS or the Immediate Payments System, is an electronic mode of payment regulated by the NPCI. There is no capping on minimum amount to be transferred using IMPS mode of payment and when done online, there is no time-limitation as well.

IDBI Bank UPI Timings

IDBI Bank UPI timings have no specific time range because these transactions can only be carried using the online mode of payment. Thus, UPI payments window is open 24×7. UPI transactions are done directly from one’s bank account but no account details are shared. A UPI ID is generated which is used to carry out such transactions.

Also, check Working Hours for Other Banks:

SBI Bank TimingsUnion Bank TimingsFederal Bank Timings
HDFC Bank TimingsICICI Bank TimingsIndusind Bank Timings
Canara Bank TimingsKotak Bank TimingsCentral Bank of India Timings
Axis Bank TimingsBank of India TimingsKarnataka Bank Timings
Bank of Baroda Bank TimingsBank of Maharashtra TimingsIndian Overseas Bank Timings
Indian Bank TimingsPNB Bank Timings

IDBI Bank Timings – FAQs

1. What is the IDBI Bank opening time?

Most of the IDBI Bank Ltd. branches start operating at 10 in the morning. This is applicable for all the working days. However, some of the branches may open half an hour before as well, depending on the location.

2. What is the IDBI Bank lunch time?

IDBI Bank lunch time varies from branch to branch (usually 1PM to 2PM). Customers can visit their branch irrespective of the lunch hours.

3. Is the IDBI Bank open on Saturdays?

IDBI Bank Ltd. is open every 1st, 3rd and 5th Saturday each month. For the remaining Saturdays (2nd and 4th), all the bank branches observe bank holiday.

4. By what time can I deposit my cheque at an IDBI Bank branch?

IDBI Bank Ltd. business hours range from 10AM to 4PM every working day. It is advised to get your cheques deposited in the bank by 3PM so that in case of any discrepancies, there is enough time to handle the same.

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Posted by Monika Mohan
Monika Mohan is a writing enthusiast who has luckily turned her passion into profession. For the greens, she has an established foot in the personal finance sector and likes to put forth complex topics in an easy-to-understand manner, minus the jargons. Outside the penny lane, it’s all about poetry, mountains and single-malts.
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