Bank Holiday: Are Banks Open Or Closed This Saturday? Check Details

Customers should ensure they are registered for these services ahead of time, as only registered users can conduct online transactions from any location on holidays

Bank operations will be unavailable on the specified holidays, meaning no physical banking services will be offered on these days

Source : ABPLIVE AI

Banks in India are closed on national and regional holidays, with specific closures varying depending on the state. These holiday schedules are officially published on the Reserve Bank of India (RBI) website, which provides an updated list of days when banking services will remain suspended.

Each year, the RBI announces a comprehensive list of bank holidays, categorised into three distinct types: the Negotiable Instruments Act Holidays, the Real Time Gross Settlement (RTGS) Holidays, and the days designated for the Closure of Bank Accounts. These categories help determine when banks will observe holidays for various purposes, such as processing payments, settling transactions, and closing accounts for financial reporting.

Saturday Bank Holiday: Are Banks Open On November 30, 2024?

Banks will be open on Saturday, November 30, 2024, as it falls on the fifth Saturday of the month. Customers should know that banks typically operate on the first, third, and fifth Saturdays (if applicable) of each month unless a designated holiday is observed. As per the RBI guidelines, all scheduled and non-scheduled banks are closed on the second and fourth Saturdays of each month.

Bank operations will be unavailable on the specified holidays, meaning no physical banking services will be offered on these days. However, customers can still carry out financial and non-financial transactions through alternative channels such as Internet banking, SMS banking, and WhatsApp banking.

Customers should ensure they are registered for these services ahead of time, as only registered users can conduct online transactions from any location on holidays.

December Bank Holidays 2024

In December 2024, banks will observe multiple holidays, including the Feast of St. Francis Xavier, Pa-Togan Nengminja Sangma, Death Anniversary of U SoSo Tham, Goa Liberation Day, Christmas Eve, Christmas, Christmas Celebration, U Kiang Nangbah, and New Year’s Eve/Lossong/Namsoong. These holidays may vary by state, so customers are advised to check the specific dates applicable in their region.