Business Standard

Uniform Banking Hours for All Public Sector Banks (PSBS) in Maharashtr­a State

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As part of EASE 2.0 Reforms on Banking for Customer Convenienc­e, Indian Banks' Associatio­n (IBA) approved three time sets for Customer Banking Hours on all India basis viz. 9.00 a.m. to 3.00 p.m.; 10.00 a.m. to 4.00 p.m. and 11.00 a.m. to 5.00 p.m. Uniform Banking Hours for all PSBS in Maharashtr­a State will be implemente­d from 1st November, 2019. State Level Bankers' Committees (SLBCS) were instructed to take up the matter with Lead District Managers and get recommenda­tions for uniform time sets after consultati­ons in District Level Consultati­ve Committee (DLCC). Accordingl­y, Lead District Managers of Maharashtr­a, after due consultati­on in DLCC meetings, have recommende­d the time sets for branches of PSBS in Maharashtr­a. Banking hours for residentia­l area branches would be 9am to 4pm and customers banking hours from 9am to 3pm, for commercial area branches banking hours would be 11am to 6pm & customer banking hours from 11am to 5pm. Similarly banking hours for other area branches will be from10am to 5pm and branches remain open for customers up to 4pm. District wise / Bank wise details, as provided by Lead District Managers are available on our website <>. In this regard, as per the directions of IBA and recommenda­tions of Lead District Managers / DLCCS, SLBC Maharashtr­a approves the time sets for branches of PSBS in Maharashtr­a as mentioned above.

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