Bank Holidays In September 2023: After the bank holidays of August 2023, the list of bank holidays for the month of September has been released. In September 2023, banks will remain closed for 16 days including second and fourth Saturdays and Sundays. According to the guidelines of the Reserve Bank of India (RBI), all public sector banks will remain closed with some regional holidays on the basis of state special. Regional holidays are decided by the respective state governments.
There are 16 bank holidays in the month of September – the first holiday being Shri Krishna Janmashtami on Wednesday, 06 September and another holiday like Eid-e-Milad on Thursday, 28 September, which will be applicable to all banks in India.
The functioning of most banks is regulated by the Reserve Bank of India and banking programs and holidays are also governed by RBI rules. Both public sector banks and private sector banks are not working on Sundays and second and fourth Saturdays.
Bank holidays in India are of various types – it is a mixture of mandatory banking sector holidays, with a whole set of festivals from different states.
In September 2023
, there are 16 days when many private and public sector banks will remain closed due to bank holidays, including second and fourth Saturdays and all Sundays, as per RBI guidelines.
However, due to these holidays, people will not have any problem in bank related work, because the holidays are not frequent or at short intervals; ATMs, cash deposits, online banking and mobile banking will continue to function. These holidays in September differ from state to state as the holidays are decided keeping in mind the local festivals.
Depending on the state, banks will remain closed on all public holidays including some regional holidays. Regional holidays are decided by the respective state governments; There is no information about them on the official website of RBI.
According to RBI guidelines, banks are closed on Sundays as well as on the second and fourth Saturdays of the month. RBI has declared bank holidays on 06, 07, 18, 19, 20, 22, 23, 25, 27, 28 and 29 September.
According to the Reserve Bank’s calendar, apart from weekends in September, there are 11 bank holidays.
People who have to deal with important work related to the bank in September, they should see the list of holidays and plan their work in advance.
