New Delhi: The Reserve Bank of India (RBI) official list of holidays for November states that banks will be closed for certain days in various cities across the nation for diverse festivals and national events.
Although bank branches will be closed, online banking services will continue to operate seamlessly, enabling you to perform transactions, check balances, and carry out essential banking tasks effortlessly from the convenience of your home or while on the move.
Banks will remain closed for total 16 days in the month of November – 10 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends and state declared holiday. However, you must note that the banks will NOT be closed for 16 days in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays.
For example bank branches might be closed for Wangala Festival in Shillong but not closed for the same in Assam, Tripura, Goa, Bihar or other states.
Here is an elaborate list of bank holidays falling in the month of November 2023. Check out the list.
Kannada Rajyothsava/Kut/Karva Chauth: November 1
Wangala Festival: November 10
Govardhan Pooja/Laxmi Puja (Deepawali)/Diwali: November 13
Diwali (Bali Pratipada)/Deepavali/Vikram Samvant New Year Day/Laxmi Puja: November 14
Bhaidooj/Chitragupt Jayanti/Laxmi Puja (Deepawali)/Ningol Chakkouba/Bhratridwitiya: November 15
Chhath (Morning Arghya): November 20
Seng Kutsnem/Egaas-Bagwaal: November 23
Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima: November 27
Kanakadasa Jayanthi: November 30
Weekends and Second Saturdays
Sunday: November 5
Second Saturday: November 11
Sunday: November 12
Sunday: November 19
Fourth Saturday: November 25
Sunday: November 26
Reserve Bank of India places its Holidays under three brackets –Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.