RBI Holiday Update: Banks to Stay Shut for 4 Days, Online Services to Remain Active

If you are planning any bank-related work this week, it’s better to plan carefully. According to the Reserve Bank of India’s holiday calendar, banks will remain closed for a total of 4 days this week in several states. These holidays will vary from state to state, so customers should check the schedule before visiting their nearest branch.

Reason Behind the Bank Closure

This week’s bank holidays are due to multiple regional festivals and government holidays. Some of these holidays will be observed under the Negotiable Instruments Act, while others are regional events specific to certain states. The closure will affect both public and private sector banks, as per RBI guidelines.

Bank Closure Dates

The 4-day closure includes different combinations of holidays across states. For example, some banks will remain closed for Diwali celebrations, while others will shut down due to Bhai Dooj or regional observances. Apart from these, regular Sunday and second Saturday holidays are also included, which collectively make up 4 days of closure this week.

Online Banking Remains Active

Even though physical branches will be closed, customers can continue to use digital banking services. Mobile banking, internet banking, UPI, and ATM facilities will work as usual. This ensures that customers can perform essential transactions like fund transfers, bill payments, and balance checks without interruption.

Impact on Customers

People planning to deposit cheques, withdraw cash in bulk, or complete official banking paperwork might face inconvenience during these holidays. It is advised to complete necessary work beforehand to avoid last-minute rush or delay. Businesses that depend on banking services should especially take note of the closure.

Services Available During Holidays

ATMs and online customer service helplines will continue to function normally. Major banks have ensured cash availability in ATMs to prevent any shortage during the long weekend. Customers can also access account statements, apply for loans, and open fixed deposits through online portals.

Different Holidays Across States

Since banking holidays differ depending on the state, not all banks will be closed on the same days. For example, Diwali will be observed in most northern and western states, while southern states might have separate regional holidays. Customers are advised to visit the RBI’s official website or their bank’s online notice board to check the exact dates.

Plan Your Banking Work Accordingly

Before stepping out, verify your bank’s working days for this week to avoid inconvenience. While online services are reliable, tasks like document verification or cheque clearance will only resume once branches reopen. Keeping track of the RBI calendar can help you plan your financial activities more efficiently.

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