bank holiday in november: During the week starting from Sunday, November 21, all private and public sector banks across the country will remain closed for five out of seven days. Earlier this month, banks remained closed for 12 days amid continuous festivities such as Diwali, Bhai Dooj, Chhath Puja and Guru Nanak Jayanti. i.e. in the month of November banks were closed All over India for 17 days. On that note, if you have planned to visit any bank branch during the next week, you must take note of these Bank holiday To avoid any trouble and to do your work smoothly.
Bank holidays are effective as per the list issued by the Reserve Bank India Or RBI. However, except for a few national holidays, these days of holiday usually do not clash with each other as they are observed in a state-wise manner. This means that only a few branches of banks in the respective states will remain closed on a given day. For example, banks will remain closed in Bengaluru on Kanakadas Jayanti, but services will remain available in other parts of the country. For this generally bank customers are asked to visit their nearest branch to know about the complete list of bank holidays.
The Reserve Bank of India has said that banks will get holidays under three brackets. These are Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday and closure of accounts of banks. On these notified days, all banks across the country, including public sector, private sector, foreign banks, co-operative banks and regional banks, will remain closed.
All branches of banks are closed on Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2), Christmas Day (December 25). Banks are also closed on festivals including Diwali, Christmas, Eid, Guru Nanak Jayanti, Good Friday. RBI has made Sundays a compulsory holiday for all banks except the second and fourth Saturdays of every month. However, since holidays vary state-wise, lenders in your state may not close their shutters on all those days.
If we go by the Reserve Bank’s list of notified holidays during the current month of November, we can see that all banks across the country, except Bengaluru, remained closed on Diwali, which fell on November 4. On 19 November, banks remained closed throughout. Most parts of India closed on account of Guru Nanak Jayanti but operated in areas like Patna. Further, only weekend holidays on the same day will be applicable uniformly in all banks across India.
On this note, let’s take a look at the list of holidays when banks will be closed this week so that you can make your own schedule.
Here is the complete list of bank holidays in your city in the coming week, as per the RBI list starting November 21.
22 November: Kanakadas Jayanti – Bangalore
23 November: Seng Kutsanem – Shillong
Apart from individual state wise holidays. Banks will be closed on some weekends. These are mentioned below:
21 November: Sunday
November 27: Fourth Saturday of the month
28 November: Sunday
So, if you have pending bank related work or want to withdraw cash during the festive season during the coming week, you are advised to visit your nearest branch to know the list of holidays in your state. However, these days ATMs will continue to function as usual, despite all the holidays.
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