Banks closed for up to 10 days in various states in April 2021; check complete list of holidays

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According to the Reserve Bank of India (RBI), most states will observe holidays on Good Friday, Dr. Babasaheb Ambedkar Jayanti and Ram Navami. Image: Reuters

Banks in India will remain closed for over 10 days in April 2021, including weekends and festivals. In the first four days of April, banks will remain shut for three days due to the closing of accounts on April 1, Good Friday on April 2, and Sunday on April 4. Apart from these 10 holidays, there are five more state-specific and region-specific holidays. It may be noted that only gazetted holidays are observed by banks all over the country. While planning bank-related work, people are advised to check the holiday date in their respective states. According to the Reserve Bank of India (RBI), most states will observe holidays on Good Friday, Dr. Babasaheb Ambedkar Jayanti and Ram Navami. The list of holidays given below has been notified by RBI under the Negotiable Instruments Act.

List of holidays in April 2021

01 April 2021- To enable banks to close their yearly accounts
02 April 2021- Good Friday
04 April 2021- Weekly off (Sunday)
10 April 2021- Second Saturday
11 April 2021- Weekly off (Sunday)
14 April 2021- Dr. Babasaheb Ambedkar Jayanti/Tamil New Year’s Day/Vishu/Biju Festival/Cheiraoba/Bohag Bihu
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)

According to the Reserve Bank of India (RBI), banks will remain operational on April 1, 2021, in Aizawl and Shillong. Also, banks across Agartala, Ahmedabad, Chandigarh, Guwahati, Jaipur, Jammu, Shimla, and Srinagar will not observe holiday on April 2, 2021. On April 14, 2021, banks in states such as Aizawl, Bhopal, Chandigarh, New Delhi, Raipur, Shillong and Shimla will remain functional. Similarly, on Ram Navmi, banks in Aizawl, Bengaluru, Chandigarh, Chennai, Guwahati, Imphal, Jammu, Kochi, Kolkata, New Delhi, Panaji, Raipur, Shilong, Srinagar and Thiruvananthapuram will remain open.

Other state-specific holidays in April 2021

05 April 2021- Babu Jagjivan Ram’s Birthday (Hyderabad)
06 April 2021- General Elections to Tamil Nadu Legislative Assembly 2021 (Chennai)
13 April 2021- Gudhi Padwa/Telugu New Year’s Day/Ugadi Festival/Sajibu Nongmapanba/1st Navratra/Baisakhi
15 April 2021- Himachal Day/Bengali New Year’s Day/Bohag Bihu/Sarhul
16 April 2021- Bohag Bihu (Guwahati)

Only Hyderabad will observe a bank holiday on April 5, 2021, on account of the birthday of Babu Jagjivan Ram. While on April 6, 2021, only Chennai will observe a bank holiday due to the assembly poll election in Tamil Nadu. Similarly, banks in Guwahati will remain shut for Bohag Bihu. Only banks in states such as Belapur, Bengaluru, Chennai, Hyderabad, Imphal, Jammu, Mumbai, Nagpur, Panaji and Srinagar, will observe a holiday on April 13, 2021. Similarly, on April 15, banks in only five states — Agartala, Guwahati, Kolkata, Ranchi and Shimla will remain closed.

Even as banks will remain shut on the above mentioned days, customers can avail online services. Moreover, mobile and internet banking will remain operational.

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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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Banks closed for 7 days out of 9 from March 27; check full list of holidays during Mar 27-Apr 4

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According to the Reserve Bank of India (RBI), these holidays may differ from state to state and be different in various banks.

All banks in India will remain closed for three days in a row during March 27-29, including the two-day weekend and the Holi festival. Also, bank services will remain suspended on March 31, 2021, on account of the last day of the financial year. And then on 1st, 2nd and 4th April 2021 due to banks’ closing of accounts, Good Friday and Sunday. Hence, people can complete their bank-related work only on two days — March 30 (Tuesday) and April 3 (Saturday). The list of holidays given below has been notified by RBI under the Negotiable Instruments Act.

National Holidays

27 March 2021- Fourth Saturday
28 March 2021- Weekly off (Sunday)
29 March 2021- Holi (second day)
31 March 2021- Financial year 2021 closing
01 April 2021- To enable banks to close their yearly accounts
02 April 2021- Good Friday
04 April 2021- Weekly off (Sunday)

Banks to remain open on Holi and Good Friday in these states

According to the Reserve Bank of India (RBI), these holidays may differ from state to state and be different in various banks. Banks will not be closed on March 29, 2021 (Holi), in states such as Agartala, Aizawl, Bengaluru, Chennai, Guwahati, Jammu, Kochi, Kolkata, Srinagar and Thiruvananthapuram. While Banks in Patna will remain shut on March 30, 2021, on account of Holi, according to RBI. All over India, only states like Aizawl and Shillong will remain functional on April 1, 2021. The holiday on April 2, 2021, will not be observed in banks across Agartala, Ahmedabad, Chandigarh, Guwahati, Jaipur, Jammu. Shimla, and Srinagar.

On March 15-16, bank branches remained closed after the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, called a two-day strike. The protest was called against the proposed privatisation of two state-owned banks. During Union Budget 2021 speech, Finance Minister Nirmala Sitharaman announced the privatisation of two public sector banks (PSBs) as part of a disinvestment plan to generate Rs 1.75 lakh crore. About 10 lakh bank employees and officers of the banks participated in this two-day strike.

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