Bank Holiday November 2024 List: Is Your State’s Bank Open or Closed today, Check here
On November 2, 2024, banks across several states in India will remain closed due to various festivals, including Bhai Dooj, Govardhan Puja, and Vikram Samvat New Year. This holiday is part of a series of closures in November, which is filled with significant cultural and religious observances. Understanding the bank holiday schedule is crucial for residents who need to plan their banking activities accordingly.
Main Points
Overview of Bank Holidays in November 2024
November is a festive month in India, with numerous holidays impacting banking operations. According to the Reserve Bank of India (RBI), there are 13 days when banks will be closed this month. These holidays are a mix of public observances, religious celebrations, and weekends.
Specific Holidays on November 2
On November 2, banks will be closed in the following states:
- Gujarat
- Maharashtra
- Karnataka
- Uttarakhand
- Sikkim
- Rajasthan
- Uttar Pradesh
This closure is primarily due to the celebrations associated with Bhai Dooj and other regional festivities such as Govardhan Puja and Bali Pratipada. While it is a Saturday, which typically means a bank holiday, the additional closures are due to these significant cultural events.
Importance of Bhai Dooj
Bhai Dooj is celebrated on the second day after Diwali and holds special significance for brothers and sisters in India. On this day, sisters pray for their brothers’ long life and prosperity while brothers give gifts in return. The festival symbolizes love and familial bonds, making it an essential observance in many households.
State-wise Breakdown of Bank Holidays
Here’s a detailed look at the bank holidays throughout November 2024:
| Date | Day | Holiday | States Affected |
|---|---|---|---|
| November 1 | Friday | Diwali | Tripura, Karnataka, Uttarakhand, Jammu & Kashmir, Maharashtra, Meghalaya, Sikkim, Manipur |
| November 2 | Saturday | Bhai Dooj / Govardhan Puja | Gujarat, Maharashtra, Karnataka, Uttarakhand, Sikkim, Rajasthan, Uttar Pradesh |
| November 3 | Sunday | Weekly Closure | All states |
| November 7 | Thursday | Chhath (Evening Arghya) | West Bengal, Bihar, Jharkhand |
| November 8 | Friday | Chhath (Morning Arghya) | Bihar, Jharkhand, Meghalaya |
| November 9 | Saturday | Second Saturday | All states |
| November 10 | Sunday | Weekly Closure | All states |
| November 15 | Friday | Guru Nanak Jayanti | Various states including Punjab |
| November 18 | Monday | Kannada Das Jayanti | Karnataka |
| November 23 | Saturday | Fourth Saturday | All states |
| November 24 | Sunday | Weekly Closure | All states |
Understanding the RBI’s Holiday Classification
The RBI classifies holidays into three categories:
- Real-Time Gross Settlement (RTGS) holidays: Banks remain open for RTGS transactions even on public holidays.
- Banks’ closing of accounts holiday: Includes regular weekly closures and designated holidays.
- Negotiable Instruments Act holidays: Specific to government departments and financial institutions.
This classification helps customers understand which services remain available during holidays.
Planning Ahead
For those needing banking services during this festive period, it’s advisable to plan ahead. ATMs will still be operational for cash withdrawals and deposits; however, customers should be aware that certain banking services may not be accessible during these closures.In addition to Bhai Dooj on November 2, other significant festivals throughout the month may also affect banking operations. Residents should check their local bank branches or official announcements for any last-minute changes or additional closures.
