Bank Holidays in July: The month of July has begun and we have passed the first half of the month, where many Bank holiday implemented in the private and public sector. All public and private sector lenders in India are looking at a new set of bank holidays in july, The Reserve Bank of India, or RBI, has already prepared a list for bank holidays in July 2022. The central bank prepares a monthly list of bank holidays at the beginning of each year, according to which lenders in specific sectors are closed. According to that calendar, six of the remaining 15 days in July are bank holidays.
It should be noted that many bank holidays are regional and may vary from state to state and from bank to bank. There were 14 bank holidays in July, of which eight have been utilised. However, some bank holidays are region-specific. For example, July 16 is a bank holiday in Dehradun, but banks in other parts of the country remain open on this day.
The Reserve Bank fixes bank holidays every year under three categories, which include Negotiable Instruments Act, Holidays, Real Time Gross Settlement Holidays and closure of accounts of banks. Of these, the holiday category has the highest number of holidays under the Negotiable Instruments Act. However, bank holidays under this Act are not uniform across the country. Eight bank holidays in July are covered under the Negotiable Instruments Act, while the rest are weekend holidays, where all banks India will be closed. Branches of all public sector, private sector, foreign banks, co-operative banks and regional banks remain closed on holidays notified by RBI.
There are six holidays left in the banks in the remaining 15 days of July. See them below.
Here is the complete list of Bank Holidays in July 2022 as per RBI List (Started) from 1st July 2022)
List of holiday wise leaves under the Negotiable Instruments Act:
July 1: Kang (Rathajatra)
7 July: Kharchi Puja — Agartala
9 July: ld-ul-adha (Bakrid) — Kochi, Thiruvananthapuram; Banks will also remain closed across the country as it is the second Saturday of the month
July 11: Eid-ul-Azha – Srinagar, Jammu
July 13: Bhanu Jayanti — Gangtok
14 July: Beh Dienkhlam — Shillong
16 July: Harela – Dehradun
26 July: Ker Puja — Agartala
Apart from this, there are seven weekend holidays, one of which is from Bakrid, where banks will be closed across the country. These are mentioned below
weekend holidays list
July 3: first sunday
9 July: Second Saturday + Bakrid
July 10: second sunday
July 17: third sunday
23 July: fourth saturday
24 July: fourth sunday
31 July: fifth sunday
Thus, if you have any bank related work, you should contact your local branch to confirm bank holidays in July this year as per your region to avoid any hassle.
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