Bank Holiday July 2023: Bank will close 15 days from July 2

Public and private sector banks will remain shut for 15 days in July this year. In addition to weekends, banks will be closed on occasions like Muharram, Guru Hargobind Ji’s birthday, Ashoora, and Ker Pooja. Bank Holiday July 2023: Bank will close 15 days from July 2.

As per the Reserve Bank of India’s (RBI) list of holidays, 8 holidays are state-specific holidays for different festivals across different states and others are weekend holidays. Banks will remain closed across Jammu and Srinagar on July 5 on the occasion of Guru Hargobind Ji’s Birthday and across Aizawl on MHIP Day on July 6.

Banks will also remain closed on July 11 on the occasion of Ker Pooja across Tripura. As per the Reserve Bank of India (RBI) guidelines, banks will be closed on all public holidays with some regional holidays depending on the particular state. Regional holidays are decided by respective state governments.

The holidays come into effect under three categories, including ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’.

Full List of Bank Holidays in July 2023:

July 2, 2023: Sunday

July 5, 2023: Guru Hargobind Singh Jayanti- Banks to remain closed in Jammu and Srinagar.

July 6, 2023: Mizo Hmeichhe Insuihkhawm Pawl (MHIP) Day- Banks to remain closed in Mizoram

July 8, 2023: Second Saturday

July 9, 2023: Sunday

July 11, 2023: Ker Puja- Banks to remain closed in Tripura

July 13, 2023: Bhanu Jayanti- Banks to remain closed in Sikkim

July 16, 2023: Sunday

July 17, 2023: U Tirot Sing Day- Banks to remain closed in Meghalaya

July 21, 2023: Drukpa Tshe-zi – Banks to remain closed in Sikkim

July 22, Fourth Saturday

July 23, 2023: Sunday

July 28, 2023: Ashoora – Banks to remain closed in Jammu and Kashmir

July 29, 2023: Muharram (Tajiya)

July 30, 2023: Sunday.

Bank customers will not face any problems with bank-related work as holidays are not frequent or are at short intervals; ATMs, cash deposits, online banking and mobile banking will continue to function.

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These holidays may vary from state to state as holidays are determined keeping in mind the local festivals. The RBI’s schedule of bank holidays is published on the RBI’s website. You can also find the schedule of bank holidays on the websites of individual banks.

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