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Introduction of 5 Banking Days per week

 

 Introduction of 5 Banking Days per week

ALL INDIA BANK EMPLOYEES' ASSOCIATION

NATIONAL CONFEDERATION OF BANK EMPLOYEES NATIONAL ORGANISATION OF BANK WORKERS

INDIAN NATIONAL BANK EMPLOYEES FEDERATION

Dated 11th October 2022

To

Sri. Brajeshwar Sharma, Sr. Advisor IR & HR, Indian Banks Association Mumbai.

Dear Sir,

Reg: Introduction of 5 Banking Days per week

This has reference to the discussion we had on 23 September 2022 on the various pending

residual issues. As you are aware the introduction of 5 Banking Days per week was one of the important issues taken up in that meeting. As explained by us, having regard to the provisions of our present Settlement on working hours, we have indicated that for the purpose of declaring all the Saturdays as holidays as against the present

position of 2nd and 4th Saturdays as holidays, the working hours per day may be enhanced by 30

minutes and the present working hours may be accordingly preponed by 30 minutes in the

morning.

Presently, Banks in different States, having regard to local SLBC Guidelines, etc, have different timings of working hours and business hours.

For example, it ranges from 9-00 AM to 4-00 PM, 10 AM to 5-00 PM, 10-30 AM to 5-30 PM, to 11 00 AM to 6-00 PM, etc.

Similarly, the working hour begins 15 minutes earlier and ends 15 minutes earlier in some centers like urban towns and metropolitan cities.

For example, working hour begins at 9-45 AM and hence ends at 4-45 PM. Hence, in this background, we observe that prescribing uniform working hours would be difficult to

be implemented. In view of the different timings in different centers, as opined by us during the discussions, the following may be decided upon for implementing the 5 Banking Days per week in the Banks.

1. Present working hours may be increased by 30 minutes per day. 2. Present respective timings of working hours may be preponed by 30 minutes

in the morning. 3. Existing customer service hours/non-cash transaction banking hours may be

increased by 30 minutes. 
hours

Since our demand for five banking days per week is an important issue and the same is pending resolution, we strongly feel that Indian Banks' Association should move on the matter earnestly and resolve the same expeditiously and introduce five days of banking per week at the earliest.

SectionsPresent TimingsRevised Timings
Working Hours9.45 AM to 4.45 PM

6 Hours 30 Minutes+ Lunch Time

9.15 AM to 4.45 PM

7 Hours+ Lunch Time

Cash Transaction Hours10.00 AM to 02.00 PM

02.30 PM to 04.00 PM

5 Hours 30 Minutes

9.30 AM to 1.30 PM

02.00 PM to 03.30 PM

5 Hours 30 Minutes

Non-Cash Transaction Hours04.00 PM to 04.45 PM

45 Minutes

03.30 PM to 04.45 PM

1 Hour 15 Minutes

Total Non-Cash Banking Hours/ Customer Service Hours

 

10.00 AM to 02.00 PM

02.30 PM to 04.45 PM

6 Hours 15 Minutes

9.30 AM to 1.30 PM

02.00 PM to 04.45 PM

6 Hours 45 Minutes

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