Bank holiday on Eid al-Adha 2021: Banks in these cities will remain functional on Bakra Eid this Wednesday

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Banks will remain shut in Jammu and Srinagar on 22 July as well to observe Eid-Ul-Azha. Image: Reuters

Bakri Eid Bank Holiday 2021: Most of the banks in India will remain closed on 21 July 2021, on account of Bakra Eid. Only the gazetted holidays are observed by banks all over the country. The Reserve Bank of India (RBI) has categorised holidays under three categories — Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts. Banks will remain shut in Jammu and Srinagar on 22 July as well to observe Eid-Ul-Azha. According to the list of holidays notified by RBI, there are state-specific holidays for different occasions.

Banks to remain functional in these cities on Bakra Eid 2021

On account of Bakra Eid (Id-Ul-Zuha) (Eid-UI-Adha), banks in most of the states across the country will remain shut on July 21, except in cities such as Aizawl, Bhubaneswar, Gangtok, Kochi, and Thiruvananthapuram. Even as banks will remain shut on Wednesday, customers can avail online services. Moreover, mobile and internet banking will remain operational.

Banks to remain shut for up to 5 days this month

21 July 2021: Bakra Eid, Id-Ul-Zuha, Eid-UI-Adha
22 July 2021: Eid-Ul-Azha (Only in Jammu and Srinagar)
24 July 2021: Fourth Saturday
25 July 2021: Weekly off (Sunday)
31 July 2021: Ker Puja (Only in Agartala)

Including 21 July 2021 off, banks in many cities will remain closed for up to 5 days for the remainder of July month. Banks in Jammu and Srinagar will also remain closed on 22 July on account of Eid-Ul-Azha, according to RBI notification. This week, banks across the country will remain closed on 24-25 July, on account of the fourth Saturday and weekly off. All the public and private sector banks across the country observe holidays on the second and fourth Saturdays of every month, along with a weekly holiday on Sunday. There is a state-specific bank holiday on the last day of July, i.e 31st July 2021 in Agartala on account of Ker Puja.

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Banks to remain closed on April 14 in these cities, open in these 7 states; check full list

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Even as banks in most of the states will remain shut on Wednesday but services such as ATM access, mobile banking, and online banking will remain available

Banks will remain closed in most of the states on Wednesday, 14 April 2021, on account of Dr. Babasaheb Ambedkar Jayanti. Only the gazetted holidays are observed by banks all over the country. According to the Reserve Bank of India (RBI), barring 7 states, all the states will observe a holiday on Dr. Babasaheb Ambedkar Jayanti. On this day, some states will celebrate Tamil New Year’s Day, Vishu, Biju Festival, Cheiraoba and Bohag Bihu. This has been notified by RBI under the Negotiable Instruments Act. Including weekends and festivals, up to 15 holidays have been notified by RBI for this month, which may vary state to state and be different in various banks.

Banks to remain functional on April 14 in these states

On April 14, 2021, banks in states such as Aizawl, Bhopal, Chandigarh, New Delhi, Raipur, Shillong and Shimla will remain functional. Referred to as Puthandu, this day is also observed as Tamil New Year’s Day.

Banks to remain shut on Dr. Babasaheb Ambedkar Jayanti

Banks across Agartala, Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Lochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Ranchi, Srinagar and Thiruvananthapuram, will observe a holiday on April 14, 2021.

Even as banks in most of the states will remain shut on Wednesday but services such as ATM access, mobile banking, and online banking will remain available. However, people may not be able to deposit cheque, withdraw or deposit cash on this day.

18 April 2021- Weekly off (Sunday)
21 April 2021- Shree Ram Navmi (Chaite Dashain)/Garia Puja
24 April 2021- Fourth Saturday
25 April 2021- Weekly off (Sunday)

Apart from Wednesday, the banks will also remain closed on April 18 (Sunday), April 21 on account of Ram Navmi, April 24 (fourth Saturday) and April 25 (Sunday).

Other state-specific holidays this week

15 April 2021- Himachal Day/Bengali New Year’s Day/Bohag Bihu/Sarhul
16 April 2021- Bohag Bihu (Guwahati)

On April 15, banks in only five states — Agartala, Guwahati, Kolkata, Ranchi and Shimla will remain closed. While only Guwahati will observe a holiday on April 16, 2021.

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Bank holidays to watch out for in April 2021, BFSI News, ET BFSI

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Bank customers planning a visit to their respective banks in the month of April should plan their visit in accordance with the bank holidays.

While the bank branches will remain closed on these days, mobile and internet banking will remain functional as usual. Customers can make transactions through online modes.

Bank Holidays in April:
April 1: Closing of yearly accounts
April 2: Good Friday
April 4: Sunday
April 5: Babu Jagjivan Ram’s Birthday.
April 10: Second Saturday
April 11: Sunday
April 13: Gudhi Padwa/Telugu New Year’s Day/Ugadi Festival/Sajibu Nongmapanba (Cheiraoba)/1st Navratra/Baisakhi
April 14: Dr. Babasaheb Ambedkar Jayanti/Tamil New Year’s Day/Vishu/Biju Festival/Cheiraoba/Bohag Bihu
April 15: Himachal Day/Bengali New Year’s Day/Bohag Bihu/Sarhul
April 16: Bohag Bihu. Banks across Guwahati, Assam, will remain closed on this day
April 18: Sunday
April 21: Shree Ram Navmi (Chaite Dashain)/Garia Puja
April 24: Fourth Saturday
April 25: Sunday

Bank holidays are not observed by some states and hence may vary as per a specific region or state.

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