New Delhi: Banks will be on holiday today on September 7, 2024, in several states to celebrate the festival of Ganesh Chaturthi. To be sure, this is not a nationwide holiday and lenders will keep their branches open in most states today since it is the first Saturday of the month.
Regular bank customers may know that banks across India are closed every 2nd and 4th Saturday of the month, as per RBI’s orders. Banks also remain closed on Sunday. However, just because your neighbourhood bank branch is closed it does not mean that banking services are shuttered. Customers can tap online banking for any emergency needs ranging from account transfers to small ticket payments via UPI. ATMs also remain open in most towns and cities despite bank holidays.
Which cities have Bank Holiday Today?
Banks will remain closed in the following key cities across multiple states, according to RBI’s calendar:
S. No.
Cities
1
Mumbai
2
Nagpur
3
Panaji
4
Ahmedabad
5
Belapur
6
Bengaluru
7
Chennai
8
Bhubaneswar
9
Hyderabad
How does RBI classify bank holidays?
RBI classifies bank holidays into 3 categories, namely:
Holiday under the Negotiable Instruments Act
Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holidays
Banks’ Closing of Accounts.
How many holidays in September 2024?
The month of September marks the gateway to festivities in India. TO be sure, the actual festive season kicks in after Shraddh or PitraPaksh, according to the Hindu calendar, which usually means that festivities are in full swing during October-November. Here’s the holiday calendar for the month of September, including the weekend offs for bank staffers:
Date
Day
01/09/2024
Sunday
04/09/2024
Tirubhav Tithi Srimanta Sankardev
07/09/2024
Ganesh Chaturthi
08/09/2024
Sunday
14/09/2024
First Onam; 2nd Saturday
15/09/2024
Sunday
16/09/2024
Eid-i-Milad-un-Nabi
17/09/2024
Indrajatra/ Id-e-Milad
18/09/2024
Pang-Lhabsol
20/09/2024
Friday after Eid-i-Milad
21/09/2024
Sree Narayana Guru Samadhi Day
22/09/2024
Sunday
23/09/2024
Maharaja Hari Singh’s birthday
28/09/2024
4th Saturday
29/09/2024
Sunday
Members of the public must note that the holidays differ from state to state and this is not a pan-India holiday list.
Bank Holiday Today: Banks will remain closed in key cities across multiple states on September 7, 2024, on the occasion of Ganesh Chaturthi. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today