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This Article is From Apr 10, 2024

Will Banks Remain Closed On Ramadan? Check Out The Details

Will Banks Remain Closed On Ramadan? Check Out The Details
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The Reserve Bank of India had notified that banks would remain closed for a total of 14 days in April. This included Sundays, the second and fourth Saturdays and nine holidays under the Negotiable Instruments Act.

It is important to note that specific holidays may vary from state to state. Some significant occasions affecting the banking schedule in April include Gudi Padwa and Ramzan-Id.

Will banks remain closed on Ramadan?

Banks across most states will remain closed on the occasion of Ramadan on Thursday, April 11.

Which states have bank holiday on Ramadan?

Banks will remain closed for Ramzan-Id (Id-Ul-Fitr) all over India, except Punjab, Sikkim, Kerala, and Himachal Pradesh.

Bank Holidays in April 2024

  • April 9 (Tuesday): Banks were closed for Gudi Padwa/Ugadi/Telugu New Year's Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra, in several states including Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Manipur, Goa, Jammu, and Srinagar.

  • April 10 (Wednesday): Banks will be closed for Ramzan-Id (Id-Ul-Fitr) in Kerala.

  • April 11 (Thursday): Banks will remain closed for Ramzan-Id (Id-Ul-Fitr) (1st Shawaal) all over India, except Punjab, Sikkim, Kerala, and Himachal Pradesh.

  • April 13 (second Saturday): Banks closed for Bohag Bihu/Cheiraoba/Baisakhi/Biju festival in Tripura, Assam, Manipur, Jammu & Kashmir.

  • April 14 (Sunday)

  • April 15 (Monday): Banks closed for Bohag Bihu/Himachal Day in Assam and Himachal Pradesh.

  • April 16 (Tuesday): Banks closed for Shree Ram Navami (Chaite Dashain) in several states, including Gujarat, Maharashtra, Madhya Pradesh, Orissa, Punjab, Andhra Pradesh, Uttarakhand, Sikkim, Telangana, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, and Himachal Pradesh.

  • April 20 (third Saturday): Banks closed for Garia Puja in Tripura.

  • April 21 (Sunday)

  • April 27 (fourth Saturday)

  • April 28 (Sunday)

RBI categorises holidays into three sections:

  • Holidays under the Negotiable Instruments Act

  • Real-Time Gross Settlement Holiday

  • Banks' Closing of Accounts.

Even though regular bank branches will be closed on these specific days, online banking services and ATMs will work smoothly.

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