Home FEATURED NEWS Plan your year-end – Banks shut for 9 days throughout India in December

Plan your year-end – Banks shut for 9 days throughout India in December

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The 12 months 2023 is getting ready to wind up its rule, getting ready to enthrone 2024 in nearly a month. As December unfolds its wintry appeal throughout the various landscapes of India, the anticipation of celebrations and festivities fills the air. Amidst the joyous season, it turns into essential for people and companies to maintain monitor of the scheduled financial institution holidays, guaranteeing easy monetary transactions and well timed planning.

Understanding the financial institution holidays in India just isn’t solely a sensible necessity but additionally a possibility to synchronize with the rhythm of the nation’s monetary pulse. So, let’s dive into the calendar of December 2023 and navigate the vacation season with knowledgeable enthusiasm.

In India, banks are closed on all Sundays for weekend holidays. In addition, the second and fourth Saturdays of all months are holidays for banks. All the vacations for Indian banks are determined beneath the steerage and auspices of the Reserve Bank of India. The two sorts of holidays in India are regional and nationwide holidays. While nationwide holidays are relevant for banks all through the nation, banks of particular states go on holidays on regional holidays. It is advisable to cross verify the regional holidays on the subject of your state vacation gazette.

Bank holidays in December 2023

Quite a number of vital festivals will probably be celebrated within the month of December and therefore the month’s calendar reveals up numerous public holidays. Hereunder, verify the listing of regional, nationwide and weekend holidays for December 2023.

Date Day Holiday Applicable in
1 December 2023 Friday Indigenous Faith Day, World AIDS Day Arunachal Pradesh
2 December 2023 Saturday National Pollution Control Day, International Day for the Abolition of Slavery, World Computer Literacy Day All Over India
3 December 2023 Sunday Weekend Holiday All Over India
5 December 2023 Tuesday Sheikh Muhammad Abdullah Jayanti Jammu & Kashmir
9 December 2023 Saturday Second Saturday All Over India
10 December 2023 Sunday Weekend Holiday All Over India
17 December 2023 Sunday Weekend Holiday All Over India
18 December 2023 Monday Guru Ghasidas Jayanti Chandigarh
19 December 2023 Tuesday Liberation Day Goa
23 December 2023 Saturday Fourth Saturday All Over India
24 December 2023 Sunday Guru Teg Bahadur’s Martyrdom’s Day Punjab, Chandigarh
24 December 2023 Sunday Weekend Holiday All Over India
25 December 2023 Monday Christmas All Over India
26 December 2023 Monday Sardar Udham Singh Jayanti Haryana
30 December 2023 Saturday Tamu Losar Sikkim
31 December 2023 Sunday Weekend Holiday All Over India

The prevalence of digital banking and digital funds has grow to be widespread in India. The introduction of UPI funds has remodeled monetary transactions right into a seamless expertise for each Indian citizen, assuaging a substantial burden on conventional banking techniques. When in want of swift and hassle-free cash withdrawals, deposits, or different easy banking operations, a go to to the closest ATM suffices. However, it is important to remain conscious of financial institution holidays and strategically plan your banking actions accordingly.

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