4-Day Bank Holiday: Discover RBI’s Reasons for Closure Starting Tomorrow!

Baishakhi Mondal

Published on:

4-Day Bank Holiday: Discover RBI's Reasons for Closure Starting Tomorrow!

Upcoming Bank Holidays in India: September 2024

The banking sector in India is gearing up for a series of holidays over four consecutive days, starting from Friday, September 20, 2024, until Monday, September 23, 2024. It is essential for customers to be aware that these holidays may vary across states due to local festivals and observances. Below, we will delve deeper into the reasons behind these closures and provide a clear holiday schedule.

Reasons for the Bank Holidays

September 20 (Friday): Eid-e-Milad-un-Nabi

September 20 marks the Friday following Eid-e-Milad-un-Nabi, which is celebrated as the birthday of the Prophet Muhammad. This day holds particular significance in Jammu and Srinagar, where all banking services will be suspended. To honor the occasion, special prayers will be conducted on this day, thereby necessitating a state-wide holiday for both public and private banks.

For Experts Recommendation Join Now

September 21 (Saturday): Sree Narayana Guru Samadhi Day

On September 21, banks will be closed in Kerala in observance of Sree Narayana Guru Samadhi Day. Sree Narayana Guru was a revered social reformer who advocated for social equality and raised awareness against the caste system in India. Kerala dedicates this day to honor his legacy, resulting in a public holiday and the closure of all banking services within the state.

September 22 (Sunday): Weekly Holiday

As per usual banking norms, September 22 is a designated weekly holiday across the country. Banks will remain closed in all states on this day, irrespective of any local observances.

September 23 (Monday): Maharaja Hari Singhโ€™s Birthday

On September 23, Jammu and Srinagar will observe a holiday in remembrance of Maharaja Hari Singh’s birthday. Maharaja Hari Singh was the last ruler of Jammu and Kashmir, and this day is celebrated in honor of his contributions to the region. As a result, banking services will not be available in these areas.

Bank Holiday Schedule for September 2024

Date Day Occasion States Affected
September 20 Friday Eid-e-Milad-un-Nabi Jammu and Srinagar
September 21 Saturday Sree Narayana Guru Samadhi Day Kerala
September 22 Sunday Weekly Holiday All States
September 23 Monday Birth Anniversary of Maharaja Hari Singh Ji Jammu and Srinagar

Additional Holidays in September

Following the aforementioned holidays, banks will also observe closures on:

  • September 28 (Saturday): Banks will be closed across all states for the fourth Saturday.
  • September 29 (Sunday): Banks will remain closed nationwide due to the regular weekly holiday.

Comprehensive List of Bank Holidays in September 2024

Date Reason for the Holiday
20 Friday after Eid-e-Milad-un-Nabi
21 Sree Narayana Guru Samadhi Day
22 Weekly Holiday
23 Birth Anniversary of Maharaja Hari Singh Ji

Make sure to plan your banking needs accordingly and be aware of these upcoming holidays that may affect banking services in your region.

Share This โžฅ
X