Does HDFC Work On Saturdays?

by | Last updated on January 24, 2024

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Does HDFC work on Saturdays? However, after proper consultation with the respective state governments, HDFC Bank has restored its usual working hours, i.e., 9:30 AM to 3:30 PM from Monday to Saturday (except 2nd & 4th Saturdays) . The bank is now catering to all the banking requirements and services.

Can bank account open on Saturday?

All private and public sector banks in India remain closed on the second and fourth Saturday of every month . Besides this, if a national holiday falls on first, third, or fifth Saturday, the banks remain closed on the same.

Can I deposit money in any branch of HDFC?

HDFC Bank!

Here customer should note that, deposits of up to Rs 2 lakh is free per account per month in home branches. However, cash deposit up to Rs 25,000 per day can be deposited in non-home branch , but beyond this limit there is Rs 5 per thousand charged subject to minimum Rs 150.

How does HDFC Bank work?

Can I deposit Cheque in any HDFC branch?

If it is your account then you can deposit money in your account in any hdfc branch all over india .

Which Saturdays are working for banks?

Accordingly, all banks whether or not included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934) will observe holidays on second and fourth Saturdays with effect from September 1, 2015.

Do banks transfer money on weekends?

Do bank transfers go through on weekends? If you’re a business, the answer is probably no .

Can you deposit 50000 cash in bank?

Under the Bank Secrecy Act, banks and other financial institutions must report cash deposits greater than $10,000 . But since many criminals are aware of that requirement, banks also are supposed to report any suspicious transactions, including deposit patterns below $10,000.

What if I deposit 5 lakhs in my account?

Individuals who deposit cash above Rs. 2.5 lakh and senior citizens who deposit cash above Rs. 5 lakh may be scrutinised . Any amount within the specified limit will be excluded from scrutiny considering that the money is from household savings, cash withdrawals, earlier income, and so on.

Can I withdraw 1 lakh ATM HDFC?

HDFC Bank allows customers to withdraw up to ₹ 1 lakh per day from ATMs with the Platinum chip debit card .

Who is the No 1 bank in India?

Type Private Company Products Banking Asset ₹1,746,870 crore (US$230 billion – 2021) Number of Branches 5,500 (Jun. 30, 2019) Number of ATMs 13,514 (Across India)

On which days HDFC Bank is closed?

HDFC Bank Timings for cash deposit and other services is 9:30 a.m. to 3:30 p.m. Customers can visit their nearest HDFC Bank branch on all weekdays and 1 st , 3 rd and 5 th Saturdays to avail several banking services. HDFC Bank remains closed on 2 nd and 4 th Saturdays, Sundays and all the bank holidays .

What is the working time in HDFC Bank?

HDFC Bank Opening Time 9:30 AM (On Weekdays) HDFC Bank Closing Time 3:30 PM (On Weekdays)

Can I withdraw 5 lakhs from HDFC Bank?

HDFC Bank allows a free cash withdrawal up to ₹1 lakh per day beyond which charges @ ₹2/1000, minimum ₹50 per transaction. The third-party cash withdrawal is allowed only up to a maximum of ₹50,000 per transaction .

What is the minimum balance in HDFC Bank?

For regular savings accounts held in HDFC Bank’s metro and urban branches, the customer is required to maintain an average monthly balance of ₹ 10,000 to avoid penalty charges, according to the lender’s website – hdfcbank.com. In semi-urban branches, an average of ₹ 5,000 is required.

How long does it take for a cheque to clear in HDFC Bank?

If someone issues you a cheque, you can deposit it in your HDFC Bank account, and the money will be credited after the cheque is cleared ( usually 2-3 working days ).

Why is 2nd Saturday a holiday?

In support of this historical belief, across cultures, most employers give their workers either a half day or a full holiday on this day. Saturn is the second-largest planet in the solar system and hence second Saturday is a holiday.

Is Saturday working day for SBI?

Is 4th Saturday a bank holiday in India?

Is Saturday a business day for bank transfers?

Transfers are not sent on Saturdays .

Does money transfer on Saturday?

Unfortunately, banks cannot complete any transfers on the weekends or on bank holidays . For this reason, Thursdays and Fridays are typically the worst days to cash important checks or make account transfers.

Why do banks not work on weekends?

One simple explanation as to why banks are closed on Sunday is that the bank staff simply needs some time off . The staff of a bank includes managers, bank tellers or clerks, financial advisors, and security personnel.

How much money is safe in a bank?

Can the government take your money?

So by now you know that the government can, in fact, seize money from your account . They do this by use of a tax levy. A levy is defined as the seizure of property or assets by the IRS to fulfill a tax debt.

How do you hide cash income?

Foreign or “offshore” bank accounts are a popular place to hide both illegal and legally earned income . By law, any U.S. citizen with money in a foreign bank account must submit a document called a Report of Foreign Bank and Financial Accounts (FBAR) [source: IRS].

How much cash can I keep at home?

Cash Transaction Limit – Section 269ST

Section 269ST imposed restriction on a cash transaction and limited it to Rs. 2 Lakhs per day . Section 269ST states that no person shall receive an amount of Rs 2 Lakh or more: In aggregate from a person in a day; or.

Can I deposit 100k cash in the bank?

Can we keep 5 crore in bank?

Borrowers with Rs 5 crore or more credit facilities can maintain current accounts with any one of the banks with which it has CC/OD facility, provided the bank has at least 10 percent of the exposure of the banking system to that borrower.

What is the limit of HDFC debit card?

What is ATM limit per day?

How many transactions are free in HDFC?

Revised ATM Charge Structure Account Type No of Free Transactions per month at HDFC Bank ATMs Current Account (Regular, Premium,Trade, Merchant Advantage, Ezee, Current Account for Hospitals/Nursing Homes/Pathology Labs) Unlimited

Which is better Icici or HDFC?

Is SBI bigger than HDFC?

According to market capitalisation, HDFC Bank is the biggest bank in the country .

Which bank is better HDFC or PNB?

HDFC Bank offers Personal Loan upto an amount of ₹ 75 Lakh, while PNB offers Loan upto an amount of ₹ 15 Lakh. Therefore, HDFC Bank can be a better option if you are looking for a high value amount .

Which Saturday is off in HDFC Bank?

HDFC Bank branches across India are closed on Sundays and 2nd and 4th Saturday of each month. They are also closed on national holidays and public holidays (varies from one state to another).

What is time of lunch break in HDFC Bank?

HDFC Bank has an official lunch time of 30 minutes from 1:00 P.M to 2:00 P.M.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.