The fourth month of the new financial year will have as many as 13 bank holidays as per the list of holidays released by the Reserve Bank of India (RBI). This includes the weekend holidays, i.e., the second and fourth Saturdays and all Sundays.
The month of July will see some significant festivals across India like Muharram, Rathajatra, Guru Hargobind Ji’s birthday, Harela, etc. Banks across India would be closed for about 13 days in July 2024, national and region specific.
The RBI had issued the list of holidays for 2024 in its annual list. According to this, all public and private sector banks across India will remain closed for up to 13 days in July, 2024, including the weekend leaves. However, we must note that the banks will not be closed for 13 days in all states or regions.
Internet banking services will continue to be operational during these days. ATM service will also be available. Some of the holidays in the list are specific to certain states only or regional holidays while few are designated as public holidays.
Here is the full list (from 1st July) :
July 3 – Ben Dienkhlam
July 5 – Guru Hargobind Ji’s Birthday
July 6 – MHIP Day
July 8 – Kang (Rathajatra)
July 9 – Drukpa Tshe-zi
July 16 – Harela
July 17 – Muharram/Ashoora/U Tirot Sing Day
Apart from this list, as per the Holiday Under Negotiable Instruments Act, the banks will also remain closed on some of the days of the weekends. These are mentioned below:
July 7 – Sunday
July 13 – Second Saturday
July 14 – Sunday
July 21 – Sunday
July 27 – Fourth Saturday
July 28 – Sunday