Bank Holidays News
It should be noted that the ATM services are going to be available during the closure of banks. While online banking services will remain focus, you should plan banking activities according to the list of holidays
Internet banking services and ATMs will be available throughout the festive season. Some of the holidays will be region-specific only
While all public and private sector banks, cooperative banks, foreign banks and regional lenders will be closed, online banking services will function normally
This July, banks will be closed for a total of eight days for different occasions/festivals, excluding the regular holidays such as the second and fourth Saturdays of the month and Sundays
Banks are generally shut on all Sundays of every month, while they are operational on the first and third Saturdays of a month, second and fourth Saturdays are holidays for bank employees
In the month of March, banks across India will remain shut for as many as 13 days.
While online banking activities and ATMs will continue to function, all individuals are advised to plan any banking work according to the RBI's list of bank holidays.
People should note that some of these holidays are state-wise holidays, which means banks will be closed only in certain parts of the country
Banking customers should note that the bank holidays will differ in various states and will not be observed by all the banking companies.
These holidays are not uniform in nature except for a few days and take place in certain cities only on specific dates.
People should bear in mind that 10 September will be considered a bank holiday in nine major cities on account of Ganesh Chaturthi
The RBI calendar displays nine festive holidays, some of which are state-specific. Other holidays include four Sundays, and second and fourth Saturdays.
The first holiday was on Thursday, 1 April for the closing of accounts. On Friday, 2 April, banks will have their second day off on the occasion of Good Friday
Apart from these days, several banks might remain closed mid-March as many unions have called for a nationwide strike against the government's plan for making the banking sector private. The two-day-long strike is on 15 and 16 March.
Bank holidays 2021: RBI releases holiday list; financial institutions to remain closed on these dates in January next year
In Aizwal, banks will remain closed on 2 January for New Year celebrations as well, while banks in Kolkata will remain non-functional on 12 January owing to Swami Vivekananda's birthday.
Bank holidays in November 2020: Banks to remain closed for 8 days, including Diwali, Guru Nanak Jayanti
Banks in India are closed on all Sundays and second and fourth Saturdays. The banks in the country are guided by the national and state holidays in which they are situated.
Bank holidays 2020: Banks will remain closed for 10 days this month; here is the list of major bank holidays this year
The month of April has nine bank holidays of which annual closing of banks (1 April) Good Friday (10 April) and Dr BR Ambedkar Jayanti (14 April) are prominent ones.
Full list of bank holidays in October 2019: Banks to remain shut on 11 days, including Dussehra, Gandhi Jayanti, Diwali
Customers must note that as per Reserve Bank of India (RBI) notification and rules, all banks including public, private, foreign, cooperative are shut on all Sundays and second and fourth Saturdays of the month.
Banks will not remain closed for five consecutive days starting from Thursday, a union leader said on Monday
This will be a big relief to employees and staff unions hope it will improve the productivity