Time-Norms For Various Banking Transaction


1. For Cash Payment  
a) Through Teller    3 to 8 minutes
b) Through Cashier   8 to 15 minutes
2. Receipt of cash    10 to 20 minutes
3. For issuance of demand draft/traveller cheques/fixed deposit receipt    15 to 25 minutes
4. Payment of demand drafts 10 to 20 minutes
5. Payment of fixed deposit receipts 15 to 20 minutes
6. Opening of an account 20 to 25 minutes
7. Retirement of bills 20 to 30 minutes
8. Updation of pass books 5 to 15 minutes
9. Statements of accounts      Within 7 days
10.Collection of Cheques  
Local           2 to 4 days
Outstation    

10 to 14 days

 

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