In February 2024, there will be a total of 11 days when banks will be closed. This includes the second and fourth Saturdays and Sundays. It’s important to know that banks stay open on the first and third Saturdays of every month.
The Reserve Bank of India (RBI) has categorized these holidays into three types: Holidays under the Negotiable Instruments Act, Holidays under Negotiable Instruments Act and Real-Time Gross Settlement Holidays, and Banks’ Closing of Accounts. The RBI communicates this schedule through official channels, such as its website and notifications to banks.
Here’s the complete list of bank holidays in February 2024:
Even though banks will be closed on these days, online banking services will still be available nationwide. It’s crucial for individuals to be aware of these scheduled bank holidays, noting the specific dates to plan their visits to the bank accordingly.