In India, banks, including private and PSU banks, usually have holidays on the 2nd and 4th Saturday of every month. If a month has five Saturdays, the 5th Saturday is a working day for banks. However, many people are confused about which Saturday a bank is working and which Saturday the bank is closed.
Here is the list of Saturdays on which a bank has a holiday in 2024 for quick reference:
Month | Second Saturday | Fourth Saturday |
January | January 13, 2024 | January 27, 2024 |
February | February 10, 2024 | February 24, 2024 |
March | March 9, 2024 | March 23, 2024 |
April | April 13, 2024 | April 27, 2024 |
May | May 11, 2024 | May 25, 2024 |
June | June 8, 2024 | June 22, 2024 |
July | July 13, 2024 | July 27, 2024 |
August | August 10, 2024 | August 24, 2024 |
September | September 14, 2024 | September 28, 2024 |
October | October 12, 2024 | October 26, 2024 |
November | November 9, 2024 | November 23, 2024 |
December | December 14, 2024 | December 28, 2024 |
All banks, private and PSU, are closed on all second and fourth Saturdays of each month, as the Reserve Bank of India announced in 2015 that all banks will be closed on the second and fourth Saturdays of a month. However, the bank will remain open and operate normally on the first, third and fifth Saturdays of the month. All banks are closed on Sundays. Customers can make online transactions through their bank's net banking portal or mobile app on second and fourth Saturdays and Sundays, even when the branch offices are closed.
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