Bank Holidays in July, 2022: Many bank holidays are regional and may differ from state to state. Please check the list of bank holidays in your city before visiting the branch
Bank Holidays in July 2022: The month of July this year is at its last legs with only eight days left. However, out of these few days, there are four bank holidays still left in July, mainly because of weekends. The Reserve Bank of India, in its rules for implementing bank holidays, has said that lenders will be closed for the second and fourth Saturdays of each month, but will work on other Saturdays. The central bank prepares a monthly list of bank holidays at the beginning of each year, according to which lenders of specific regions remain closed. As per that calendar, there is one more regional bank holiday in July to be implemented.
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There is a bank holiday on July 23 and 24 due to the weekend, where all lenders across private and public sectors will be closed in the country. Apart from this, on July 31, there is also a weekend leave for a Sunday. There is a regional holiday on July 26 on the occasion of Ker Puja in Tripura, when banks across the state will be closed.
It must be noted that many bank holidays are regional and may differ from state to state and bank to bank. There were 14 bank holidays in July, 10 of which have been used up. However, some bank holidays are region-specific, like the one mentioned above.
The Reserve Bank fixes the bank holidays each year under three categories, including the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday and Banks’ Closing of Accounts. Among these, the ‘Holiday under Negotiable Instruments Act’ categorisation sees the highest number of holidays. Branches of all public sector, private sector, foreign banks, cooperative banks and regional banks remain shut on notified holidays by the Reserve Bank of India.
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HERE IS THE FULL LIST OF BANK HOLIDAYS IN JULY 2022 AS PER THE RBI LIST (STARTING FROM JULY 1, 2022)
List of Leaves as per the Holiday Under Negotiable Instruments Act:
July 1: Kang (Rathajatra)/ Ratha Yatra — Bhubaneshawar
July 7: Kharchi Puja — Agartala
July 9: ld-Ul-Ad’ha (Bakrid) — Kochi, Thiruvananthapuram; Banks will also be shut across the country as this is the second Saturday of the month
July 11: Eid-ul-Azha — Srinagar, Jammu
July 13: Bhanu Jayanti — Gangtok
July 14: Beh Dienkhlam — Shillong
July 16: Harela — Dehradun
July 26: Ker Puja — Agartala
Apart from this, there are seven weekend leaves, including the one clashing with Bakrid, where banks will be closed all across the country. These are mentioned below
List of Weekend Leaves
July 3: First Sunday
July 9: Second Saturday + Bakrid
July 10: Second Sunday
July 17: Third Sunday
July 23: Fourth Saturday
July 24: Fourth Sunday
July 31: Fifth Sunday
Thus, if you have any bank related work, you must contact your local branch to confirm the bank holidays in July this year as per your region to avoid any hassle.
