Bank Holidays: Apart From Normal Holidays Banks Will Remain Closed For 4 Days In These Cities Next Week

In addition to regular holidays i..e Sundays and the second and fourth Saturdays, Banks will remain closed for four days in select states in India next week. Next week is very crucial common man in India as the deadline to deposit or exchange your Rs 2000 notes is September 30. On May 19 this year the central bank announced its decision to withdraw from circulation its highest denomination notes. The month of September has a total of 16 Bank holidays including Sundays and the second and fourth Saturdays. Since there are too many bank holidays in the week it is very important to track the bank holiday calendar carefully and plan your bank-related work accordingly as this will save you from facing any inconvenience at the last moment.

Here's a list of days and states where Banks will remain closed for four days next week:

September 25 - Janmotsav of Srimanta Sankardeva (Banks to remain closed in Guwahati and Ranchi)

September 27 - Milad-i-Sherif (Birthday of Prophet Muhammed) (Banks to remain closed in Jammu, Kochi, Srinagar and Thiruvananthapuram)

September 28 - Eid-E-Milad/Eid-e-Meeladunnabi - (Prophet Mohammad's Birthday) (Bara Vafat) Banks will remain closed in Gujarat, Mizoram, Maharashtra, Karnataka, Tamil Nadu, Uttarakhand, Telangana, Manipur, Uttara Pradesh, New Delhi, Chhattisgarh and Jharkhand.

September 29 - Indrajatra/Friday following Eid-i-Milad-ul-Nabi (Banks to remain shut in Sikkim, Jammu, and Srinagar.)
One should note that bank holidays are not the same across all states in India. Apart from national holidays, state governments designate bank holidays; there are a few state-specific holidays when banks remain closed.

The RBI announces the bank holidays for the full year state-wise. In India all bank holidays have been classified into different categories under the Negotiable Instruments Act of 1881-Holidays Under Negotiable Instruments Act, Banks' Closing of Accounts, and Real-Time Gross Settlement Holiday.