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Bank Holidays: Bank will be closed for 5 days next week, check the list of holidays before going to the branch

The festive season is going on all over the country. After Diwali, Chhath, Guru festival, the festival of Christmas is about to come. On this occasion, there are holidays in government offices like banks. From Sunday, November 21, the government and private banks of the country will be closed for 5 days. Earlier this month, banks were closed for about 12 days due to many festivals. Earlier this month, Diwali, Bhai Dooj, Chhath Puja and Guru Nanak Jayanti were celebrated on which banks remained closed.

This means that banks will be closed for 17 days in the month of November if all holidays are added up. In this 12 holidays have passed and the remaining 5 holidays are about to fall. In view of this, if you want to go to the bank to settle any of your work in the coming week, then read this news. This will save you from facing unnecessary trouble.

Reserve Bank of India (RBI) has released a list of bank holidays. This is the list in which information about the holidays celebrated. In this, along with national holidays, state holidays have also been given. Every state has its own rules, so it is not necessary that if banks are closed in one state, then it will be the same in other states. For example, all banks in Bengaluru will remain closed on Kanakadasa Jayanti as it is celebrated in Karnataka, especially in the Bengaluru area. Banks in Bangalore or Karnataka will remain closed on this day, but in the rest of the country, the work of the bank will continue as before. Customers should check the list of holidays once if they want to go to the bank branch.

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The Reserve Bank of India has announced that banks will be given three categories of holidays. Holidays, Real Time Gross Settlement Holidays and Bank Account Holidays are covered under the Negotiable Instruments Act. Every bank in the whole country, including public sector, private sector, foreign banks, cooperative banks and regional banks, follow this rule and keep offices closed according to the holidays.

According to the Reserve Bank’s list of sanctioned holidays for the month of November, all banks across the country remained closed on Diwali, which fell on November 4. There was one exception in Bangalore where banks were not closed on the 4th. On November 19, on the occasion of Guru Nanak Jayanti, most of the banks in India were closed, while work continued in the banks in Patna. Weekend holidays are such that the banks of the whole country are closed simultaneously. In the rest of the days, some banks will open and some may remain closed. This rule depends on the festival and festival of that state.

Here is a complete list of bank holidays after 21st November-
22 November: Kanakadasa Jayanti – Bengaluru
23 November: Seng Kutnem- Shillong

Banks will remain closed for some days on weekends apart from state-wise holidays. These are mentioned below-
November 21: Sunday
November 27: Fourth Saturday of the month
November 28: Sunday

So, if you have or want to do any bank related work to withdraw or deposit cash in the next week, then you must know about the list of bank holidays in your state. To find out these holidays one should visit your nearest branch. During these days, ATMs will be operational as usual. Cash deposit machines will also continue to operate where you can easily deposit cash.

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