Banks across India would be closed for about 15 days in November, 2023, national and region specific. This includes the weekend holidays, i.e., the second and fourth Saturdays and all Sundays.
November will see some significant festivals across India like Diwali, Bhaidooj, Wangala Festival, Laxmi Puja, Chhath, Karva Chauth and much more! The month will see a total of 15 bank holidays, national and region specific.
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.
According to the Reserve Bank of India, the three kinds of bank holidays are designated as: Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday and Banks’ Closing of Accounts.
The RBI had issued the list of holidays for 2023 in its annual list. According to this, all public and private sector banks across India will remain closed for up to 15 days in November, 2023, including the weekend leaves. However, we must note that the banks will not be closed for 15 days in all states or regions.
Here is the full list (from 1st November) :
November 1: Kannada Rajyothsava/Kut/Karva Chauth
November 10: Wangala Festival
November 13: Govardhan Pooja/Laxmi Puja (Deepawali)/Diwali
November 14: Diwali (Bali Pratipada)/Deepavali/Vikram Samvant New Year Day/Laxmi Puja
November 15: Bhaidooj/Chitragupt Jayanti/Laxmi Puja (Deepawali)/Ningol Chakkouba/Bhratridwitiya
November 20: Chhath (Morning Arghya)
November 23: Seng Kutsnem/Egaas-Bagwaal
November 27: Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima
November 30: Kanakadasa Jayanthi
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:
November 5: Sunday
November 11: Second Saturday
November 12: Sunday
November 19: Sunday
November 25: Fourth Saturday
November 26: Sunday
