Bank Holidays in November 2021: Banks to remain closed for 5 days next week; check full list here


New Delhi: Beginning November 1, all private and non-private sector banks across the nation might be closed for as much as 5 out of seven days. During the approaching week, lenders throughout India will shut on today, amid festivities resembling Diwali and Bhai Dooj.

In phrases of your complete month of November, banks might be closed for as much as 17 days attributable to prolonged festivals throughout the nation. So, if you wish to go to any financial institution branches within the coming week, make an observation of those dates to stop any inconvenience and to finish your work effectively.

Bank holidays are applied in accordance with a schedule revealed by the Reserve Bank of India (RBI). However, apart from just a few nationwide holidays, today off don’t usually battle with each other as a result of they’re recognised on a state-by-state foundation. This implies that simply chosen branches of banks of their respective states might be closed on a particular day. 

Banks, for instance, will keep closed in Bengaluru on Kannada Rajyostsava, however companies can be accessible all through the nation. Bank prospects are typically suggested to go to the department closest to them to acquire an entire listing of financial institution holidays.

The Reserve Bank of India has introduced that banks might be granted holidays in three classes. These are the Negotiable Instruments Act, the Holiday, the Real Time Gross Settlement Holiday, and the Closing of Bank Accounts. Every financial institution all through the nation, together with the private and non-private sectors, international banks, cooperative banks, and regional banks, might be closed on these designated days.

All financial institution branches are closed on Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day (December 25). Banks are additionally closed on holidays like as Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday. Except for the second and fourth Saturdays of every month, the RBI has declared Sunday a compulsory day of relaxation for all banks. However, as a result of state holidays differ, lenders in your state is probably not closed on all of these days.

According to the RBI’s schedule of future holidays, all banks within the nation, apart from these in Bengaluru, can be closed on Diwali, which happens on November 4. Apart from that, solely weekend leaves can be relevant to all banks in India on the identical day.

Check out the total listing of financial institution holidays from November 1, 2021

November 1: Kannada Rajyostsava/Kut – Bengaluru, Imphal

November 3: Naraka Chaturdashi – Bengaluru

November 4: Diwali Amavasaya (Laxmi Pujan)/Deepavali/Kali Puja -Agartala, Ahmedabad, Aizawl, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Thiruvananthapuram

November 5: Diwali (Bali Pratipada)/Vikram Samvant New Year Day/Govardhan Pooja – Ahmedabad, Belapur, Bengaluru, Dehradun, Gangtok, Jaipur, Kanpur, Lucknow, Mumbai, and Nagpur

November 6: Bhai Duj/Chitragupt Jayanti/Laxmi Puja/Deepawali/Ningol Chakkouba – Gangtok, Imphal, Kanpur, Lucknow, and Shimla

Apart from the various state-wise holidays. The banks will stay closed on a number of the days of the weekends. These are talked about beneath:

November 7: Sunday

November 13: Second Saturday of the month

November 14: Sunday

So, when you have any bank-related job to do or wish to withdraw money through the vacation season within the coming week, you must go to your nearest department to seek out out in regards to the listing of holidays in your state. Despite the leaves, ATMs will proceed to function as normal on today.

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