Bank Holidays: A complete list of December days when banks will be closed
On Saturdays, Sundays, and the 17 days in december that are set aside for festivals, banks will not be open.
Due to festivals, banks will be closed on the second and fourth Saturdays, every Sunday, and for 17 days in December.
bank holidays for festivals are set by the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">reserve bank of india (RBI); only banks in that state or region stay closed for local celebrations. On the other hand, all banks are closed on Saturdays and Sundays the second and fourth.Online banking services will also be available as usual during bank holidays.
Branch visits are not possible during bank holidays.
Cash deposits, payment services, and significant transactions requiring in-person branch visits will not be available.
Real Time Gross Settlement Holidays, bank Closing of Accounts Holidays, and Negotiable Instruments Act Holidays are the three types of holidays that the RBI distinguishes.
Banks will close throughout december for a number of reasons, including the Feast of St. Francis Xavier, Pa-Togan Nengminja Sangma, the anniversary of U SoSo Tham's passing, goa Liberation Day, christmas Eve, christmas Celebration, U Kiang Nangbah, and New Year's Eve/Lossong/Namsoong.
The RBI's december holiday list states that banks won't be open on:
State/UT Date Day Observance:
DATE DAY EVENT
december 18 wednesday Death Anniversary of U SoSo Tham Shillong
december 19 thursday goa Liberation Day Panaji
december 24 tuesday christmas Eve Aizawl (Mizoram), Kohima (Nagaland), Shillong
december 25 wednesday Christmas Public holiday
december 26 thursday christmas celebration Aizawl, Kohima, Shillong
december 27 friday Christmas celebration Kohima
december 30 monday U Kiang Nangbah Shillong
december 31 tuesday New Year's Eve/Lossong/Namsoong Aizawl, Gangtok (Sikkim)
Unless the bank instructs customers differently (typically for maintenance work), customers can continue to utilise wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital banking services throughout the year, even if bank branches are closed on the days mentioned above.
If not, all ATM services, banking apps, and bank websites will continue to run throughout the year.
In the meantime, bank employees have been demanding a five-day workweek. The proposal, if approved, would make every saturday a bank holiday instead of just the second and fourth.
The long-running project is now expected to receive final approval from the finance minister soon, according to sources.