According to the list, banks across the states and union Territories in India will remain closed for a total of 15 days owing to several festivals and regular weekend holidays.
As October draws to a close and the festive season approaches, it’s crucial to be aware of the upcoming bank holidays scheduled for November. The Reserve Bank of India (RBI) has released a list of holidays to help customers plan their financial activities effectively. If you’re planning a visit to your bank branch shortly, understanding these holidays will prevent any inconvenience. It’s worth noting that digital services like mobile banking, UPI, and Internet banking will remain unaffected during these bank holidays.
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The list indicates that banks across states and union territories in India will be closed for a total of 15 days due to various festivals and regular weekend holidays. Per RBI guidelines, both public and private sector banks typically remain closed on the second and fourth Saturdays of each month. In addition to the usual Saturday and Sunday closures, banks nationwide will observe holidays on Diwali and regional festivals in November.
Here is a list of bank closure dates in November due to various festivals:
November 1 (Wednesday): Banks will be closed in Karnataka, Himachal Pradesh, and Manipur for Kut/Karva Chauth/Kannada Rajyotsava.
November 5 (Sunday): Weekly off.
November 10 (Friday): Banks in Meghalaya will be closed for Wangala Festival.
November 13 (Monday): Banks are closed in Tripura, Sikkim, Uttarakhand, Manipur, Rajasthan, Maharashtra, and Uttar Pradesh for Govardhan Pooja/Laxmi Puja/Deepawali/Diwali.
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November 14 (Tuesday): Diwali (Bali Pratipada)/Deepawali/Vikram Savant New Year Day, with banks closed in Gujarat, Maharashtra, Sikkim, and Karnataka.
November 15 (Wednesday): Banks will remain closed due to Bhaidook/Chitragupt Jayanti/Laxmi Puja (Deepawali)/Ningol Chakkouba/Bhratridwitiya in Sikkim, Manipur, Uttar Pradesh, West Bengal, and Himachal Pradesh.
November 20 (Monday): Banks will be closed in Bihar and Rajasthan for Chhath (Morning Arghya).
November 23 (Tuesday): Banks will be closed in Uttarakhand and Sikkim due to Seng Kutsnem/Egaas-Bagwaal.
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November 27 (Monday): Banks are closed in multiple states and regions, including Madhya Pradesh, Orissa, Tripura, Mizoram, Maharashtra, Chandigarh, Uttarakhand, Hyderabad – Telangana, Rajasthan, Jammu, Uttar Pradesh, West Bengal, Maharashtra, New Delhi, Bihar, Jharkhand, and Himachal Pradesh due to Guru Nanak Jayanti, Karthika Purnima, and Rahas Purnima.
November 30 (Thursday): Banks will be closed in Karnataka for Kanakadasa Jayanthi.
The RBI categorizes holidays under three sections: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. In addition to festival holidays, banks will also be closed on gazetted holidays nationwide.
