Bank Holiday 2021: It is the beginning of a new month and naturally, people are bound to finish all their work at the earliest. According to a notification by the Reserve Bank, all private and public sector banks will remain closed for 12 days in December this year. India (RBI). Reserve Bank of India has released the list of holidays for the year 2021 in its annual list. The holidays have been prepared according to this list. There are seven state-wise holidays including Christmas. However, Christmas falls on the second Saturday of the month, which is already a notified holiday for banks. Therefore, by adding seven holidays and six weekend holidays, the total number of bank holidays in December becomes 12 with Christmas overlapping.
Since the banks are going to be closed for 12 days, so if you want to do some bank related work, then you must take care of these bank holidays in November to make the work go smoothly. On that note, you should also note that this should not be of much concern as these are Bank holiday are largely state wise. This means that they are usually not uniform in nature. For example, Goa will observe a bank holiday on December 3 to mark the feast day of St. Francis Xavier in the state, but services will remain available in other parts of the country. This is the reason, customers are generally advised to contact their nearest branch for accurate information regarding bank holidays.
Bank holidays are effective as per the list issued by Reserve Bank of India or RBI. According to a list of the central bank, the number of holidays this month has been fixed at 11. The rest are weekend leaves. This includes all Sundays of the month as well as the second and fourth Saturdays. Banks are open on the first and third Saturdays of every month. The RBI holidays list falls into three categories. These are state wise celebrations, religious holidays and festival celebrations.
The central bank’s notification for holidays has been notified under three brackets namely ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act’ and ‘Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts. ‘ Are included. On these notified holidays, all branches of banks, including public sector, private sector, foreign banks, co-operative banks and regional banks, will remain closed.
Even if it was not on Christmas weekend, banks would have remained closed in every part of the country. These include Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Thiruvananthapuram.
On this note, let us have a look at the list of holidays when banks will be closed in the month of December so that you can make the schedule accordingly.
Here is the complete list of holidays for the month of December 2021 as per RBI order: (counting from 1st December)
Holiday wise list of leaves under the Negotiable Instruments Act
December 3: Feast of St. Francis Xavier – Goa
18 December: Yu Soso Tham’s death anniversary – Shillong
December 24: Christmas Festival (Christmas Eve) — Aizawl, Shillong
December 25: Christmas — Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram
27 December: Christmas Celebration – Aizawl
30 December: Yu Qiang Nangbah – Shillong
31st December: New Year’s Eve – Aizawl
Apart from individual state wise holidays. Banks will be closed on some weekends. In this regard it should be noted that weekend leaves are similar in nature across India. These are mentioned below:
December 5: Sunday
December 11: second saturday of the month
12 December: Sunday
19 December: Sunday
December 25: Fourth Saturday of the Month and Christmas
26 December: Sunday
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