Banks will be closed for 5 days next week; Check the dates here

0

Public holidays in November: During the week starting Sunday, November 21, all private and public sector banks across the country will remain closed until five days a week. Earlier this month, banks closed until 12 days amid continuous festivities like Diwali, Bhai Dooj, Chhath Puja and Guru Nanak Jayanti. This means that during the month of November banks were closed for up to 17 days across India. With that, if you are planning to visit bank branches in the next week, you should take note of these holidays to avoid any hassle and to do your job smoothly.

Public holidays come into effect according to a list published by the Reserve Bank of India or RBI. However, with the exception of a few national holidays, these holidays do not usually collide with each other as they are observed in a state manner. This means that only certain branches of banks in the respective states will remain closed on a certain day. For example, banks will remain closed in Bengaluru on Kanakadasa Jayanthi, but services will be available in other parts of the country. For this, bank customers are generally invited to visit the branch closest to their home for the complete list of public holidays.

The Reserve Bank of India said banks would get leave in three installments. These are the law on negotiable instruments, public holidays, holidays for real-time gross settlement and closing of bank accounts. On those days, every bank, which includes the public sector, the private sector, foreign banks, cooperative banks, and regional banks across the country, will remain closed.

All bank branches remain closed on Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2), Christmas Day (December 25). Banks also remain closed during festivals such as Diwali, Christmas, Eid, Guru Nanak Jayanthi and Good Friday. The RBI also made Sunday a mandatory holiday for all banks except the second and fourth Saturdays of each month. However, because holidays vary by state, lenders in your state may not close their shutters on all of these days.

If we go through the list of public holidays notified by the Reserve Bank during the current month of November, we can see that all the banks in the country except the ones in Bengaluru remained closed on Diwali, which fell on November 4. On November 19, banks across most parts of India closed on Guru Nanak Jayanti’s account but operated in areas like Patna. Other than that, only weekend holidays would be uniformly applicable to all banks across India on the same day.

On that note, let’s take a look at the list of public holidays banks will be closed this week, so you can schedule them accordingly.

Here is a full list of the holidays in your city for the coming week, according to the RBI list, starting November 21.

22 november: Kanakadasa Jayanthi – Bangalore

November 23: Seng Kutsnem – Shillong

Excluding public holidays which vary by state. Banks will remain closed on certain weekend days. These are mentioned below:

21 November: Sunday

November 27: Fourth Saturday of the month

November 28: Sunday

So, if you have any pending bank work or want to withdraw money during the holiday season in the coming week, you are advised to visit your nearest branch for the list of. holidays in your state. However, despite all the holidays, ATMs will continue to operate as usual on these days.

Read all the latest news, breaking news and coronavirus news here. follow us on Facebook, Twitter and Telegram.



Source link

Share.

About Author

Comments are closed.