5 days ago

Raksha Bandhan Bank Closures Vary Across Nine States

Raksha Bandhan does not close every bank branch in the country.

The Reserve Bank of India treats it as a regional holiday.

This means branches close only in certain states.

The affected states include Gujarat, Madhya Pradesh, Uttarakhand, Sikkim, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala, and Himachal Pradesh.

Branches are expected to reopen on August 29 and August 31.

Some regional holidays will also affect branches in September.

Online banking, mobile apps, UPI, and ATMs should continue working.

Customers should check with their local branch before visiting.

Key facts

Raksha Bandhan status: Regional bank holiday under the Reserve Bank of India’s official holiday calendar.
Affected states: Gujarat, Madhya Pradesh, Uttarakhand, Sikkim, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala, and Himachal Pradesh.
Post-holiday operating dates: August 29 and August 31.
September closures: September 4, 11, 12, 14, 15, and 21, depending on the region.
Standard weekly closures: All Sundays and the second and fourth Saturdays.
Branch hours: 10:00 am to 4:00 pm on operational weekdays.
Available services: Online banking, mobile applications, UPI, ATMs, and debit cards remain available nationwide.

businesstoday.in · 5 days ago