SBI Bank Holiday List 2024 PDF

SBI Bank Holiday List in India 2024 PDF

The State Bank of India (SBI) is a renowned Indian multinational public sector bank and financial services statutory body, headquartered in the bustling city of Mumbai, Maharashtra. With total assets that rank it as the 49th largest bank in the world and a spot on the Fortune Global 500 list of the world’s biggest corporations of 2020, SBI is a force to be reckoned with. It’s the only Indian bank on the list, and its 23% market share by assets and 25% share of the total loan and deposit market make it the largest bank in India. Not to mention, with nearly 250,000 employees, it’s also the fifth-largest employer in the country.

SBI Bank Holidays in Jan 2024

State-wise SBI Bank Holiday List 2024

On September 14th, 2022, the State Bank of India achieved a major milestone by becoming the third lender and seventh Indian company to cross the ₹ 5 trillion market capitalization on the Indian stock exchanges for the first time. This was preceded by a rich history, which saw the bank evolve from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, to become the oldest commercial bank in the Indian subcontinent. Throughout its 200-year history, the bank has been formed from the merger and acquisition of more than twenty banks. The Government of India took control of the Imperial Bank of India in 1955, with the Reserve Bank of India (India’s central bank) taking a 60% stake, eventually renaming it the State Bank of India.

In keeping with its commitment to facilitate and support start-ups in the country, SBI announced the launch of its first “state-of-the-art” dedicated branch for start-ups in Bengaluru on August 16th, 2022. This move is expected to help budding entrepreneurs access the necessary funding and resources to bring their ideas to life.

SBI Bank Holidays list 2024 in Andhra Pradesh

The State Bank of India has released its list of holidays for the year 2024 in the state of Andhra Pradesh. The list includes both national and state holidays, with dates ranging from the celebration of Republic Day on January 26th to Christmas Day on December 25th. Bank customers and employees are advised to take note of these holidays to plan their financial transactions accordingly.

SBI Bank Holidays list 2024 in Assam

The State Bank of India has released the official list of bank holidays for the year 2024 in the state of Assam. This list includes all the important festivals and events celebrated in the state, such as Republic Day, Independence Day, and Gandhi Jayanti. It also includes regional holidays such as Ugadi, Dussehra, and Diwali. Customers of SBI in Assam  can plan their banking transactions accordingly to avoid any inconvenience during these holidays.

SBI Bank Holidays list 2024 in Bihar

The State Bank of India (SBI) has released a comprehensive list of bank holidays for the year 2024 in Bihar. The list includes all major national and regional holidays, such as Republic Day, Independence Day, and Diwali, as well as festivals that are specific to the state of Bihar, such as Chhath Puja and Saraswati Puja. This information is crucial for anyone who needs to plan their banking transactions and other financial activities in advance, and ensures that customers are aware of the days when the bank will remain closed.

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SBI Bank Holidays list 2024 in Odisha

For those who bank with State Bank of India in Odisha, it’s essential to know the SBI Bank Holidays list for 2024. This comprehensive list includes all the holidays that the bank will observe throughout the year, including religious and cultural events. Knowing this information can help customers plan their banking activities and avoid any inconveniences. Some of the holidays listed include New Year’s Day, Republic Day, Holi, Independence Day, and Diwali.

SBI Bank Holidays list 2024 in Uttar Pradesh

The State Bank of India has released the official list of bank holidays for the year 2024 in the state of Uttar Pradesh. The list includes important national holidays like Republic Day, Independence Day, and Gandhi Jayanti as well as state-specific holidays such as Cheti Chand and Janmashtami. Customers are advised to plan their banking transactions accordingly as the bank branches will remain closed on these dates.

SBI Bank Holidays list 2024 in West Bengal

The State Bank of India has released its list of bank holidays for the year 2024 in the West Bengal region. This comprehensive list details the days on which the bank will remain closed due to various festivals and occasions throughout the year. The list includes major national holidays such as Independence Day, Republic Day, and Gandhi Jayanti, as well as regional holidays like Bengali New Year, Holi, and Durga Puja. Customers are advised to plan their banking needs accordingly and make note of the days when the bank will not be operational.

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SBI Bank Timings and SBI Working Hours

SBI provides a plethora of products and services ranging from Fixed Deposits, savings accounts, loans, and so on. SBI is also equipped with a digital platform known as SBI YONO, which is available to all of its clients. However, despite the convenience of digital banking, some individuals still opt to visit the bank’s branch for their transactions. The bank operates from Monday to Saturday, with the exception of the second and fourth Saturdays of each month.

SBI Bank has specified timings for its operations throughout the week. On weekdays, from Monday to Friday, the bank operates from 9:00 a.m. until 12:30 p.m. After a short lunch break, it reopens for business from 1:30 p.m. until 3:30 p.m. Saturdays follow a similar schedule with operations starting at 9:00 a.m., breaking for lunch, and resuming again from 1:30 p.m. to 3:30 p.m. However, on the second and fourth Saturdays of the month, SBI Bank is closed. As for Sundays, the bank does not operate on this day at all.

State Bank of India Lunch Time

At the State Bank of India, lunchtime is not your typical solo affair. Rather, it’s a group activity that takes place across branches and states, and isn’t restricted to a fixed hour. Usually, it falls somewhere between 2:30 and 3:00 p.m. and is designed to ensure that customers don’t have to wait for too long.

Be advised that opening and closing times may vary by location, so it’s best to call ahead and verify the schedule before heading out. That being said, it’s strongly recommended that you leverage the convenience of SBI Net Banking and SBI Mobile Banking for all your financial and non-financial transactions, unless there’s a compelling reason to visit the branch in-person. If you do plan on visiting, please be mindful of the ongoing pandemic and follow the bank’s social distancing and sanitization protocols to keep yourself and others safe.

State Bank of India NEFT Time

SBI provides NEFT services round the clock, as per the guidelines issued by RBI, with 48 settlement batches being processed every day on a half-hourly basis. The settlement of the first batch commences after 00:30 hours, and the last batch is settled by 00:00 hours. Customers can easily transfer funds using the NEFT mechanism via SBI net-banking/Yono App online without incurring any additional charges, as mandated by the Reserve Bank of India (RBI).

State Bank of India RTGS Time

SBI offers its esteemed clients the convenience of Real-time Gross Settlement (RTGS) service every day, except on the 2nd and 4th Saturdays, Sundays, and bank holidays. This service is accessible from 7:00 a.m. to 6 p.m. The State Bank of India account holders can send money to another bank or branch using NEFT and RTGS services. They can utilize SBI net-banking or mobile banking services to transfer funds effortlessly.

For offline transfers, customers need to visit their bank branch. However, it is crucial to take note of the SBI Bank Hours. As per the Reserve Bank of India, there are 48 half-hourly settlement batches every day. The first batch commences at 00:30 hours, and the final batch concludes at 00:00 hours. The RTGS facility will be operational 24/7, beginning December 2020.

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Where can I find the SBI Bank Holiday List for 2024?

The SBI Bank Holiday List for 2024 can be found on the official website of State Bank of India or by visiting any SBI Branch.

What are the holiday dates as per the SBI Bank Holiday List for 2024?

The SBI Bank Holiday List for 2024 consists of 24 holidays, which include both national and regional holidays. These dates vary according to the state or region.

Are there any changes or additions to the SBI Bank Holiday List for 2024?

SBI may revise the list at any point in time, but any changes or additions to the 2024 Bank Holiday List will be updated on the official website.

Will SBI Branches remain open on holidays?

SBI Branches will remain closed on the bank holidays as per the list for 2024. However, some branches may remain open for important transactions or depending on the local conditions and customer needs.

Is it necessary for Customers to visit SBI Branches on Bank Holidays?

SBI Bank Holidays are declared to give employees and customers a break, which means that customers should avoid visiting the branch on these specific dates. However, if it’s urgent, customers can visit the branch concerned by checking the area-wide branch status.

What are the bank timings for the listed bank holidays?

The bank timings for bank Holidays vary from branch to branch. However, it’s best to avoid branch visits on any bank holiday unless it’s very important.

What documents are needed to execute transactions on a bank holiday?

Required documents depend on the nature of transactions. Generally, it’s best to avoid executing non-urgent transactions on a bank holiday to avoid inconvenience to oneself or to the bank staff. However, customers should check with their local branch or the official website to see what’s required.