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Banks in India are closed on the second and fourth Saturdays of the month, as well as on Sundays and other regional and national holidays, per the guidelines set by the Reserve Bank of India (RBI).

Saturday, August 31st: Are banks open on the fifth Saturday of the month?

Banks in India are open on the fifth Saturday of the month, in addition to the first and third Saturdays. However, this is subject to specific holidays or closures. So, customers should know that banks will operate every first, third, and fifth (if applicable) Saturday unless there is a designated holiday.

The RBI designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks’ Closing of Accounts.

Bank holiday in September 2024: Banks are closed for 15 days in September; check complete state-wise holiday list Bank operations cannot be conducted on these specified holidays, and no physical banking services are available. However, bank customers can use Internet banking, SMS banking, and WhatsApp banking services for financial and non-financial transactions.

September 2024 bank holidays

Banks will be closed for 15 days depending on the state in September. Banks will be closed on the occasion of Tirubhav Tithi of Srimanta Sankardeva, Ganesh Chaturthi, First Onam, Milad-un-Nabi or Id-e Milad, Indrajatra/Id-e-Milad, Pang-Lhabsol, Friday following Eid-i-Milad-ul-Nabi, Sree Narayana Guru Samadhi Day, Birthday of Maharaja Hari Singh Ji.The Government of India has declared only three national holidays in 2024: Republic Day (26 January), Independence Day (15 August), and Gandhi Jayanti (2 October).

September bank holidays

Sep-24 4 7 14 16 17 18 20 21 23
Agartala
Ahmedabad
Aizawl
Belapur
Bengaluru
Bhopal
Bhubaneswar
Chandigarh
Chennai
Dehradun
Gangtok
Guwahati
Hyderabad – Andhra Pradesh
Hyderabad – Telangana
Imphal
Itanagar
Jaipur
Jammu
Kanpur
Kochi
Kohima
Kolkata
Lucknow
Mumbai
Nagpur
New Delhi
Panaji
Patna
Raipur
Ranchi
Shillong
Shimla
Srinagar
Thiruvananthapuram

Holiday Description Day
Tirubhav Tithi of Srimanta Sankardeva 4
Ganesh Chaturthi/Samvatsari (Chaturthi Paksha)/Varasiddhi Vinayaka Vrata/Vinayakar Chathurthi 7
Karma Puja/First Onam 14
Milad-un-Nabi or Id-e Milad (Birthday of Prophet Mohammad) (bara vafat) 16
Indrajatra/Id-e-Milad (Milad-Un-Nabi) 17
Pang-Lhabsol 18
Friday following Eid-i-Milad-ul-Nabi 20
Sree Narayana Guru Samadhi Day 21
Birthday of Maharaja Hari Singh Ji 23

Source: RBI website

  • Published On Aug 30, 2024 at 10:46 AM IST

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