[ad_1]
All national banks, including the State Bank of India (SBI), have five back-to-back holidays on April 9 for Gudi Padwa, Ugadi and Telegu New Year, on April 10 Bohag Bihu and Eid, on April 11 for Eid, April 13 for the second Saturday and April 14 for Sunday.
Also Read | Stock market holiday 2024: Check days, dates, and trading holidays in the new year
Further in some states, April 15 and 16 are also bank holidays for Bohag Bihu (in some states) and Ram Navami, respectively. Customers are advised to check with their nearest bank branches to confirm local and state holiday leaves to avoid confusion and inconvenience.
Overall, the banks in India will remain shut for 12 days in April 2024. This will differ in each state as per the Reserve Bank of India’s calendar, for reasons like public holidays, regional holidays, Saturdays, and Sundays.
The holiday calendar is decided by the RBI and the corresponding state governments. The regional holidays of the banks vary depending on the local customs of different states.
See | Maharashtra Bank Holidays in 2024
Below is the full list of other bank holidays in April 2024
April 5 bank holiday: On account of Babu Jagjivan Ram’s Birthday/Jumat-ul-Vida, banks will remain shut in Telangana and Jammu
April 9 bank holiday: Banks in Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Manipur, Goa, Jammu and Srinagar will be closed for Gudhi Padwa/Ugadi Festival/Telugu New Year’s Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra.
April 10 bank holiday: Banks will be closed in Tripura, Assam, Manipur, Jammu, and Srinagar because of the Bohag Bihu/Cheiraoba/Baisakhi/Biju festivals.
Also Read | Bank Holidays in 2024. Check the full list here
April 15 bank holiday: On this day, banks will suspend offline operations for customers in Assam and Himachal Pradesh due to Bohag Bihu and Himachal Day.
April 16 bank holiday: On the occasion of Ram Navami, banks will be closed in Gujarat, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Andhra Pradesh, Telangana, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, Himachal Pradesh.
April 20 bank holiday: Banks’ branches in Tripura will be shut for Garia Puja festival.
Regular Bank Closures
Banks will be closed on the second Saturday: April 13
Banks will be closed on the fourth Saturday: April 27
Bank holiday on Sundays: April 7, 14, 21 and 28
Customers Can Use Online Banking Facilities, ATMs
Online banking services will continue as usual regardless of holidays or weekends. Customers can conduct their banking activities via banks’ websites, mobile apps or ATMs for urgent transactions. However, in case of work needing bank staff assistance, it is imperative to be cognizant of the bank holiday schedule and plan visits around the non-working dates.
Also Read | Are SBI branches near you open today? Here’s when the bank will remain closed on Saturdays in 2024
The central bank releases the full list of bank holidays for the year, based on factors such as national/state holidays, cultural or religious observance, operational requirements, government announcements, and coordination with other banks. This is communicated by the RBI via official channels such as its website and notifications to banks and other financial institutions.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates.
Published: 07 Apr 2024, 12:28 PM IST
[ad_2]
Source link
Good write-up, I抦 normal visitor of one抯 website, maintain up the nice operate, and It’s going to be a regular visitor for a lengthy time.