Changes in the workings hours of public sector banks

The changes in the workings hours of public sector banks have been changing since October 1. Depending on the needs of the local clients.one of the three types of work suggested by the Reserve Bank is selected and implemented.

State Bankers’ Convener (SLBC) convenor Kevi Nancharya said a special promotional campaign will be held from July 3 to 7 to further enhance banking services for clients in 400 districts of the country.

Three types of work

The Bankers Association of India (IBA) has formulated three types of work timings

1) 9 pm to 3 pm

2) 10 pm to 4 pm

3) 11 pm to 5 pm

Select one of these 3 types of work.

Discussed at the District Level Consultative Committee headed by the District Collector and sent to a group of State Level Bankers. These workshops are implemented with their approval. This process is complete.

A loan on the spot if the documents are correct

All state-owned banks will set up special stalls at district-wide seminars. Personal, auto, education, housing, smallholder, crops, etc. Customers should show their income tax filings, identity certificates and KYC documents. If all goes well, the loan is granted on the spot according to the limits.

Cibil score count for farmers

Customers need to make sure that their credit history is accurate. Farmers will have to consider the cibil Score loan. Local bank managers make a positive decision by taking into account natural disasters and debt rescheduling. We have instructed the banks not to deposit the loan amount due to government schemes.

Also read: IRCTC IPO details