Shruti Suman
As September approaches its end in a few days, it is essential to be aware that banks will be closed for four days starting this week. The Reserve Bank of India has issued a holiday schedule, and the specific days off may vary from state to state. In total, September had 16 bank holidays, including Sundays and the second and fourth Saturdays.
Several cities across India will experience bank holidays due to various festivals and regional celebrations. However, it’s worth noting that bank branches will not be closed for these festive occasions.
While bank branches are closed, online banking services will continue to function seamlessly, allowing customers to carry out banking transactions, check balances, and perform essential banking tasks.
The Reserve Bank of India classifies bank holidays into three categories: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
It’s important to mention that bank holidays differ from state to state, as they depend on the festivals or specific occasions being observed in each state.
List of Bank Holidays in September 2023:
September 25: Janmotsav of Srimanta Sankardeva (Banks will be closed in Assam).
September 27: Milad-i-Sherif (Birthday of Prophet Muhammad) (Banks will be closed in Jammu and Kerala).
September 28: Eid-E-Milad/Eid-e-Meeladunnabi – (Prophet Mohammad’s Birthday) (Bara Vafat) Banks will be closed in Gujarat, Karnataka, Mizoram, Maharashtra, Tamil Nadu, Telangana, Manipur, Uttar Pradesh, New Delhi, Chhattisgarh, Uttarakhand, and Jharkhand.
September 29: Indrajatra/Friday following Eid-i-Milad-ul-Nabi (Banks will be closed in Sikkim and Jammu and Srinagar).
