India, often referred to as the "land of festivals," celebrates more festivals than any other country, each marked with great enthusiasm. Many of these festivals also bring along bank holidays, affecting banking services across the country.?
These include national holidays, state-specific festivals, and important observances. In September 2024, banks across India will be closed for 15 days. These holidays include the regular second and fourth Saturdays and Sundays. The Reserve Bank of India (RBI) releases a monthly list of bank holidays to help customers plan their banking activities without any inconvenience.
Banks will observe closures on significant occasions such as Tirubhav Tithi of Srimanta Sankardeva, Ganesh Chaturthi, First Onam, Milad-un-Nabi (Id-e-Milad), Indrajatra, Pang-Lhabsol, Sree Narayana Guru Samadhi Day, and the Birthday of Maharaja Hari Singh Ji. These holidays may vary from state to state, depending on the local significance of each event.
Here's a breakdown of the bank holidays in September 2024, including the specific states where these holidays will be observed:
The Reserve Bank of India (RBI) categorises these holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts. On these designated holidays, no physical banking services are available. However, customers can still carry out financial and non-financial transactions through Internet banking, SMS banking, and WhatsApp banking services.
By staying informed about the Bank Holidays in September 2024, you can plan your banking activities and avoid any disruptions. Check the September Bank Holidays specific to your state to ensure a smooth banking experience.
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