Bank Holiday tomorrow? Banks to remain closed in this state on September 4, 2024

New Delhi: Banks will remain closed on September 4, 2024, in Assam on the occasion of Srimanta Sankardev Tirubhav Tithi, according to RBI’s list of official holidays. Overall, banks will remain closed for 16 days in September 2024 across all states and UTs, according to the RBI’s monthly holiday calendar.

Why are banks closed in Assam on September 4, 2024

Banks will remain closed in Assam on September 4, 2024, to commemorate the death anniversary of Srimanta Sankardev who was a 15th century saint and scholar who also contributed to India’s rich cultural tradition in the form of poetry, music and art. He was also a social and religious reformer. As part of the Bhakti movement, he started a new religious stream known as Mahapurushiya Dharma in Assam, according to the website Barpetashastra.

What will remain open on this date?

Bank customers can carry out online banking on September 4, 2024. However, banks will remain closed for physical branch-based banking operations.

How are bank holidays classified by RBI?

RBI classifies bank holidays into 3 categories, namely, holidays under the Negotiable Instruments Act, RTGS holidays, and holidays related to the closing of accounts. Banks are closed every 2nd and 4th Saturday of every month. Banks are also closed on Sunday. There are 7 such holidays in September 2024 with 2 Saturdays and 5 Sundays.

Upcoming bank holidays in September 2024

 Bank holiday tomorrow: Banks will remain closed in Assam on Wednesday, September 4, 2024., according to RBI’s monthly holiday calendar.  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today