Bank Holidays: Banks in India will remain closed for seven days in the month of September, as per the bank holiday list issued by the Reserve Bank of India (RBI). The holidays are based on state-wise, religious celebrations or festivals. Apart from the RBI list, there are six weekends as well which brings up the tally to 12 holidays for banks in September.
As per the weekend offs, banks will remain closed on September 5, 12, 19, 25, and 26.
The RBI itself has classified the August Bank Holidays as a holiday under the Negotiable Instruments Act. Other classifications for RBI listing are ‘Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’. The other two classifications do not apply in the month of September.
Keeping all this in mind, bank goers should carefully plan their next business visit to the bank. More than the holidays themselves, it is the weekends that would pose more of a challenge as they are all-India bank holidays and back-to-back. The official list of RBI holidays on the other hand, are not as densely packed as the previous months, relatively speaking.
Here is the complete list of bank holidays for the month of September 2021 as per RBI order: (counting from 5th September)
1) September 5 – Sunday
2) September 8 – Date of Shrimant Sankardev – (Guwahati)
3) September 9 – Teej (Haritalika) – (Gangtok)
4) 10 September – Ganesh Chaturthi/Samvatsari (Chaturthi Paksha)/Vinayaka Chaturthi/Varasiddhi Vinayaka Vrat- (Ahmedabad, Belapur, Bengaluru, Bhubaneshwar, Chennai, Hyderabad, Mumbai, Nagpur, Panaji)
5) September 11 – 2nd Saturday / Ganesh Chaturthi (2nd day) – (Panaji)
6) 12 September – Sunday
7) September 17 – Karma Puja – (Ranchi)
8) September 19 – Sunday
9) September 20 – Indrajatra – (Gangtok)
10) 21st September – Sree Narayana Guru Samadhi Day – (Kochi and Thiruvananthapuram)
11) 25 September – 4th Saturday
12) 26 September – Sunday
All the holidays listed above excluding the weekend holidays for the bank comes under the ‘Negotiable Instruments Act. Also, banking activities and holidays may differ in different states and from bank to bank.
It can also be noted that online banking services will continue to operate on holidays as well. Bank customers will not be able to withdraw and deposit money at the bank branches due to the holidays. However, ATMs, mobile banking will also be available during these days.
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