Bank holidays in December: The Reserve Bank of India (RBI) has launched the list of financial institution holidays in December. As per the RBI’s vacation list, banks throughout the nation will probably be closed for a complete of 18 days this month. (*18*)
This contains all Sundays and the second and fourth Saturdays, in the final month of this yr. In the case of state-specific festivals, banks will remain closed solely in these states. However, throughout nationwide festivals like Christmas, banks will probably be closed throughout the nation.
Individuals planning to go to the financial institution for pressing issues needs to be conscious of the desired vacation dates. Although bodily branches will probably be closed on these upcoming holidays, digital companies reminiscent of cell banking, UPI, and web banking will remain operational with none disruptions.
Here’s an entire list of financial institution holidays in December 2023
- December 1: Banks will probably be closed in Arunachal Pradesh and Nagaland due to State Inauguration Day/Indigenous Faith Day.
- December 4: Banks will remain closed in Goa due to the Feast of St. Francis Xavier.
- December 12: Bank vacation in Meghalaya due to Pa-Togan Nengminja Sangma.
- December 13: There will probably be a financial institution vacation in Sikkim due to Losung/Namsung.
- December 14: There will probably be a vacation for banks in Sikkim due to Losung/Namsung.
- December 18- There will probably be a financial institution vacation in Meghalaya due to the loss of life anniversary of U Soso Tham.
- December 19- There will probably be a vacation for banks in Goa due to State Liberation Day.
- December 25: Banks will probably be closed throughout the nation for Christmas.
- December 26: Due to Christmas celebrations, banks will remain closed in Mizoram, Nagaland and Meghalaya.
- December 27: Bank vacation in Nagaland due to Christmas.
- December 30: Banks will probably be closed in Meghalaya due to U Kiang Nangbah.
December Bank Holiday: Saturdays and Sundays
- December 3: Sunday (banks will probably be closed in all states)
- December 9: Second Saturday (all states)
- December 10: Sunday (all states)
- December 17: Sunday (all states)
- December 23: Fourth Saturday (all states)
- December 24: Sunday (all states)
- December 31: Sunday (all states)
According to the Reserve Bank of India, there are three kinds of financial institution holidays in the nation: Holidays beneath the Negotiable Instruments Act, holidays beneath the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts.
