New Delhi: Bank Holidays for Chhathh Puja have been laid down by the Reserve Bank of India (RBI) in certain states on account of the festival’s popularity in those areas. Chhath Puja is a festival dedicated to the Sun god in which women fast without water. The fast is broken only after making offerings to the Sun. According to RBI’s calendar, there are over 15 bank holidays in November 2024.
RBI classifies bank holidays into 3 categories, namely, as part of the Negotiable Instruments Act, as RTGS holiday and as closure of accounts.
Chhath Puja Bank Holiday
RBI mentioned bank holidays on November 7 and 8, 2024 for Chhath Puja. These holidays fall on Thursday and Friday. The holidays are followed by a weekend, i.e., Saturday and Sunday. Since November 9, 2024, is the second Saturday of the month, banks will remain closed according to RBI rules. Since Sundays are off for bank branches across the country, lenders will remain closed on November 10, 2024.
Date
State
November 7
Delhi, West Bengal, Bihar, Jharkhand
November 8
Bihar, Jharkhand, Meghalaya
November 9
Saturday
November 10
Sunday
What will remain open on November 8, 2024?
While branch banking will remain shut in certain cities on November 8, 2024, customers can conduct online banking, mobile banking and UPI-based transactions on this day.
RBI November 2024 Holiday Calendar
The Reserve Bank of India’s holiday calendar for November 2024 is as follows:
Holiday Description
Day
Diwali Amavasya (Laxmi Pujan)/Deepawali/Kut/Kannada Rajyothsava/Govardhan Pooja
1
Diwali (Bali Pratipada)/Balipadyami/Laxmi Puja (Deepawali)/Govardhan Pooja/Vikram Samvant New Year Day
2
Chhath (Evening Arghya)
7
Chhath (Morning Arghya)/Wangala Festival
8
Egaas-Bagwaal
12
Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima
15
Kanakadasa Jayanti
18
Seng Kutsnem
23
Saturday
923
Sunday
3, 10, 17, 24
Overall, there are 4 Sundays off for banks on November 2024. Banks will also remain closed on 2 Saturdays this month, including November 2, 2024, which was Diwali Pratipada. Banks will also remain closed for festivals such as Egaas Bagwaal, Guru Nanak Jayanti, which falls on Kathik Purnima, Kanakdasa Jayanti and Seng Kutsnem.
To be sure, not all of these holidays are celebrated Pan-India and banks may be closed inc certain states in accordance with the festival calendar.
Chhath Puja Bank Holiday: Bank branches may be shut in certain states for Chhath Puja, an important festival in Eastern India. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
