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Bank Holidays In April 2024: Banks Will Be Closed For 14 Days.

Posted by Admin3

bank holiday, apli-24

Bank Holidays April 2024: In India, banks usually shut down on public holidays, including national and state-specific holidays. National holidays like Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2) mean banks are closed across the country. Also, festivals such as Diwali, Christmas, Eid, Guru Nanak Jayanthi, Good Friday, and others are considered bank holidays. Additionally, the second and fourth Saturdays of every month are marked as holidays too.

In April 2024, banks will be closed for 14 days but not in all the states or regions. These include the second and fourth Saturdays and Sundays, public holidays, and some regional holidays. The holidays are decided by the Reserve Bank of India (RBI) and the respective state governments. 

The first holiday in April 2024 starts from the yearly bank closing on April 1st and other holidays like Eid al-Fitr which will be celebrated for two days on April 10 and 11 so banks will be observed holidays which apply to all banks in India except some states. These holidays may vary from state to state as holidays are determined keeping in mind the local festivals.

According to RBI guidelines, banks are closed on Sundays as well as on the second and fourth Saturdays of the month. Under the Negotiable Instruments Act, RBI has declared holidays on April 1, 5, 9, 10, 11, 13, 15, 17 and 20 Apart from this, there are four Sundays in the month falling on April 7,4,21, and 28, and also on the second and fourth Saturdays on April 13 and 27.

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