Bank Holiday Alert! Several States to Observe Guru Nanak Jayanti, Karthika Purnima on November 15th

Get ready for a bank holiday! Several states in India will observe a closure of bank branches on Friday, November 15th, 2024, in commemoration of Guru Nanak Jayanti, Karthika Purnima, and Rahas Purnima. This closure is in accordance with the Reserve Bank of India’s (RBI) holiday list.

States Observing Bank Holiday on November 15th:

*

North-East:

Arunachal Pradesh, Nagaland, Mizoram
*

North:

Uttarakhand, Himachal Pradesh, Jammu, Uttar Pradesh, Rajasthan
*

Central:

Madhya Pradesh, Chhattisgarh, Jharkhand, Chandigarh
*

East:

Orissa, Bengal
*

West:

Maharashtra
*

South:

Telangana (Hyderabad)

It’s important to note that while the RBI designates holidays, the actual observance of these closures may vary across different banks and branches. It’s always a good idea to check with your specific bank to confirm their operational hours.

November 2024 Bank Holiday Calendar:

The November 2024 bank holiday calendar is packed with festivals and observances. Here’s a quick rundown of the key dates:

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Diwali Amavasya (Laxmi Pujan)/Deepawali/Kut/Kannada Rajyothsava:

November 1st
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Diwali (Bali Pratipada)/Balipadyami/Laxmi Puja (Deepawali)/Govardhan Pooja/Vikram Samvant New Year Day:

November 2nd
*

Chhath (Evening Arghya):

November 7th
*

Chhath (Morning Arghya)/Wangala Festival:

November 8th
*

Egaas-Bagwaal:

November 12th
*

Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima:

November 15th
*

Kanakadasa Jayanti:

November 18th
*

Seng Kutsnem:

November 23rd

Weekend Closures:

In addition to the listed holidays, banks will be closed for weekends on the following dates:

* Sunday: November 3rd, 10th, 17th, 24th
* Second Saturday: November 9th
* Fourth Saturday: November 23rd

The RBI categorizes holidays into three types: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and bank closures for account settlements. However, it’s crucial to remember that bank holidays vary depending on the state and specific bank policies. Festivals celebrated in a particular region may trigger bank closures, or specific notifications regarding particular occasions may lead to branch closures.

Stay informed about the latest news and updates on bank holidays by checking official bank websites and reliable news sources.