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Bank working 5 days week proposal: How this may change timings and consumer experience

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SBI: Bank unions say that working five days a week will improve the balance between the life and work of employees. But it is not yet clear what benefit or problem the customer will have from this.

Bank News Update: Bank employees have been demanding two days off in a week for a long time. The proposal of banks to work five days a week is much discussed. If this change is made, then you might not have thought about what effect it will have on customers and bank staff. Bank unions say that working five days a week will improve the balance between the life and work of employees. But it is not yet clear what benefit or problem the customer will have from this. Recently, a consensus has been reached on this proposal between other bank organizations including State Bank of India (SBI) and bank employee unions. But government approval is necessary to implement it. Right now, it is awaiting the green signal from the government.

What will be the impact on customers?

If banks across the country remain closed for one more day in the week, then it may cause trouble to the customers. They may have to stand in longer queues and work may also get delayed. But, on the other hand, experts also say that due to this, it is possible that the use of online banking and mobile apps may also increase.

Changes in banking operations possible

Considerations are also being made about how customers should not face any kind of trouble due to banks being closed for one more day. For this, it is possible that the working hours of banks may increase further as compared to the current time. Work can be done to improve online banking and ATMs so that more work can be done through them. It is also an option that an appointment can be taken in the bank for any important work.

According to media reports, it is expected that after the implementation of two days holiday every week, there will be a change in the working hours of banks. According to reports, banks can now remain open from 9:45 am to 5:30 pm. Currently, bank employees work on the first and third Saturdays of every month. With banks being closed for two days a week, there is a possibility of long queues in banks. In such a situation, the system of reaching with an appointment can also be implemented. This will force people to do most of their work online. For example, paying bills, transferring money and managing accounts can all be done online.

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Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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