Bank Holidays: Banks to be closed on THESE 12 days in July 2024, know the dates

All banks across the country will be closed for a total of 12 days in July due to regional holidays and weekends. The Reserve Bank of India (RBI) has published the complete list of bank holidays for the year, which includes the second and fourth Saturdays as well as Sundays. Although banks are closed on these days, online banking services will still be available for transactions through bank websites, mobile apps, or ATMs. It's important for customers to plan their visits to bank branches carefully, considering the non-working dates.

Bank Holiday Calendar:

The Reserve Bank of India (RBI) determines the bank holiday calendar in coordination with state governments, considering national/state holidays, cultural or religious observances, and operational requirements. The full list of bank holidays for the year is communicated through official channels to ensure transparency and coordination across financial institutions. According to the RBI, there are three types of bank holidays: Holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. It's important to note that regional bank holidays can vary from state to state and from bank to bank in the country.