PNB is a New Delhi based public sector bank. PNB is the 3rd largest public sector bank in terms of business volume, with over 180 million customers, 12248 branches, and 13000+ ATMS. Customers who want to visit the bank to avail of the banking or financial services must consider their operation timings as they can vary from bank to bank depending upon the location and type of bank. The article discusses about the general banking hours, lunch hours, NEFT and RTGS hours. Let us go through the same.
What is the opening time of the Punjab National Bank?
- The Punjab National Bank opens at 10 am on weekdays, that is, from Monday till Friday.
- On Saturdays, the opening time of Punjab National Bank is 10 am. The working Saturdays are the first, third, and fifth Saturdays of every month.
- The opening time of PNB might differ in case there is any emergency situation.
- The administration only has the power to change the PNB Bank Timings.
What are the lunch times of the Punjab National Bank?
- PNB Bank lunch hours differ bank wise and branch wise as well which means that there is no specific time kept for lunch in the private banks.
- PNB employees have their lunch breaks on a rotational basis so that there is no interference in service to the customers due to this.
What is the closing time of the Punjab National Bank?
- The Punjab National Bank closes at 5 pm on weekdays, that is, from Monday till Friday.
- On Saturdays, the PNB closes at 5 pm. The bank is operating on the first, third, and fifth Saturdays of every month.
- The second and fourth Saturdays are non-working days for the bank.
- On any sudden government announcement or during public holidays, PNB’s timings may vary.
What are the locker times of the Punjab National Bank?
- Customers who want to operate their lockers can visit during business hours of the bank as there is no specific time described to have access to the bank lockers.
- Also, the prospective applicants for safe Deposits can apply during these working hours only.
Snapshot of Punjab National Bank
| PNB Bank Working Days in Delhi | PNB Bank Working Hours in Delhi |
| PNB timings on Monday to Friday | 10:00 am to 05:00 am |
| Cash transaction timings | 10:00 am to 04:00 am |
| PNB timings on 1st, 3rd, and 5th Saturday | 10:00 am to 05:00 am |
| PNB Lunch timings | No fixed timings, but between 02:00 pm and 02:30 pm |
| PNB working days | The bank is closed if any weekday is a public holiday or a festival |
| PNB timings on 2nd, and 4th Saturday | Closed |
| PNB on Sundays | Closed |
What is NEFT/ RTGS?
NEFT stands for National Electronic Fund Transfer. It is an electronic system used worldwide by banks. By NEFT, customers can transfer funds from one bank to another with a lot of ease. It was conceptualized by the Reserve Bank of India to help customers to transfer funds without any hassle. All NEFT transactions are done in batches and settled in 30-minute intervals.
To transfer funds through NEFT to individuals or organizations, you must first add a beneficiary list through online banking. To add them to the beneficiary list, the following are the things that have to be considered –
- The name of the account holder
- Account number
- Bank name
- Name of the bank branch
- The IFSC code of the bank branch
- The amount you wish to transfer
Real-Time Gross Settlement (RTGS) is an electronic method of transferring funds where the funds get transferred in real-time. To initiate the transfer, you must have the IFSC code of the beneficiary’s bank, along with their name, their bank’s name, and account number.
You can individually transfer funds using RTGS with an Internet banking account. This is a secure system for funds transfer, and it is available on all days on a 24x7x365 basis.
While the minimum amount you can transfer via RTGS is ₹2 Lakhs, there is no cap on the maximum amount set by the RBI.
To transfer funds through RTGS to individuals or organizations, you must first add a beneficiary list through online banking. To add them to the beneficiary list, the following are the things that have to be considered –
- The amount to be transferred
- Beneficiary account holder’s name
- Beneficiary account number
- Beneficiary account IFS Code (IFSC)
- Beneficiary bank name
- Beneficiary bank branch
PNB Bank RTGS/ NEFT Timings
It has now become easier to transfer funds from one bank to another bank with the help of NEFT and RTGS. PNB Bank customers can access this service using the PNB net banking platform or the mobile banking application. Also, customers can visit the branch for the same but during the working hours of the bank.
| Type of Fund Transfer | PNB Bank Timings |
| NEFT (Online) | 24*7 |
| NEFT (Branch) | Within bank working hours |
| RTGS (Online) | 24*7 |
| RTGS (Branch) | Within bank working hours |
These services cannot be availed of on 2nd & 4th Saturdays, Sundays and bank holidays due to the closure of banks on these days. If the same is carried out on the above-mentioned days, the amount will be deducted from the bank account and debited from the account of the beneficiary on the very next working day of the bank.
PNB UPI/ IMPS timings
UPI/ IMPS transactions can be made round the clock, i.e. at any time and from anywhere. There is no need to visit an ATM or bank for the same. There is a single requirement for the accountholder to make a UPI/ IMPS transaction; that is, he/ she should have a bank account which is linked to the registered mobile number along with a UPI ID. The main advantage of UPI is that it can be accessed 24*7, i.e. at any time and from anywhere, but it will still be beneficial to look for Axis Bank, Central Bank, or Union Bank of India Timings to avoid the wastage of time.
In a nutshell, whenever an account holder wishes to visit a bank, he needs to check the bank’s timings. But, if he/ she wants to explore net banking or mobile banking services, he does not need to do so, as they can be accessed from anywhere and at any time.
