Bank Holiday: For three days in a row, banks will not be open. Anyone with important banking tasks should consult both the bank holiday dates and the list of holidays specific to their city. The Reserve Bank of India’s (RBI) bank holiday calendar shows that banks in several locations will shut from November 14th to November 16th. The RBI holiday list is binding on all banks, which includes public sector banks, private institutions, and regional rural banks.
Three-day closure of banks in these locations
On November 14th, banks will be shut as it falls on the second Saturday of the month, in accordance with RBI policy mandating closure on the second and fourth Saturdays. The following day, November 15th, is a Sunday, when banks are always closed. November 16th is a Chhath festival holiday, so bank branches in Bihar and Jharkhand will also be closed. As a result, there will be a three-day consecutive bank closure in Bihar and Jharkhand.
RBI holiday rules apply to all banks
All banks must comply with the RBI’s holiday regulations. The official list of holidays is set according to regional festivals and events. This is applicable to every bank, whether public, private, or regional rural.
Banking services accessible online and via ATMs
During these holidays, digital banking channels such as net banking, mobile banking, and UPI will continue to function. ATMs will remain available as well. Most banks have restored net banking facilities, providing customers with convenient access to a variety of services from their homes. Numerous features can also be accessed through banks’ mobile applications.