News Business Bank Holidays July 2024: Banks to remain closed for 12 days | Check state-wise full list here

Bank Holidays July 2024: Banks to remain closed for 12 days | Check state-wise full list here

Bank Holidays in July 2024: All public and private banks in India will be closed for at least 12 days in July 2024.

Bank holiday Image Source : FREEPIK.COMRepresentative image

Bank Holidays July 2024: The banks across the country will remain closed for 12 days in July this year due to regional holidays and weekend closures. The Reserve Bank of India (RBI) has issued the complete list of bank holidays for the year and as per the RBI's holiday list, banks across the country will be closed for a total of 12 days this month, including both the second and fourth Saturdays as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. Despite the closures, online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs for urgent requirements. However, customers are urged to plan visits to bank branches carefully, considering the non-working dates.

State-wise full list of Bank Holidays in July 2024

 DATE

 DAY

 HOLIDAY

STATES

July 3

Wednesday

Beh Dienkhlam

Meghalaya

July 6

Saturday

MHIP Day

Mizoram

July 7

Sunday 

Weekend closure

All over India

July 8

Monday

Kang (Rathajatra)

Manipur

July 9

Tuesday

Drukpa Tshe-zi

Sikkim

July 13

Saturday

Weekend closure

All over India

July 14

Sunday 

Weekend closure

All over India

July 16

Tuesday

Harela

Uttarakhand

July 17

Wednesday

Muharram/Ashoora/U Tirot Sing Day

West Bengal, Uttar Pradesh, Maharashtra, New Delhi, Bihar, Jharkhand, Chhattisgarh, Himachal Pradesh, Jammu and Kashmir, Meghalaya, Rajasthan, Andhra Pradesh, Telangana, Tamil Nadu, Mizoram, Karnataka, Madhya Pradesh, Tripura

July 21

Sunday 

Weekend closure

All over India

July 27

Saturday

Weekend closure

All over India

July 28 Sunday  Weekend closure

All over India

Bank holiday calendar

The Reserve Bank of India (RBI) in coordination with state governments determines the bank holiday calendar, accounting for national/state holidays, cultural or religious observances, and operational necessities. The full list of bank holidays for the year is disseminated by the RBI through official channels, ensuring transparency and coordination across financial institutions.

According to the RBI, there are three types of bank holidays in the country: Holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. Notably, Regional bank holidays can vary from state to state and bank to bank in the country. 

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