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Bank holidays July 2021: Banks will be closed for 15 days in total, check out important dates before visiting branch

Bank holidays July 2021: Banks will be closed for 15 days in total, check out important dates before visiting branch

Zee News
Friday, June 25, 2021 11:13:46 AM UTC

Banks will remain closed for total 15 days in the month of July -- 9 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends.

New Delhi: Before visiting your bank branch in the month of July, you must note down the list of important days during which banks will remain closed. The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of July 2021, although online banking activities will continue to work. Banks will remain closed for total 15 days in the month of uly -- 9 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends. However banking activities in different states may vary from each other. Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
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