New Delhi: As per the RBI holiday guidelines, banks are closed on account of gazetted and non-gazetted holidays depending on regional festivities and functions. Banks across several states will remain closed today (September 16) on account of Milad-un-Nabi or Id-e Milad (Birthday of Prophet Mohammad) (bara vafat).

Banks in Ahmedabad, Aizawl, Belapur, Bengaluru, Chennai, Dehradun, Andhra Pradesh, Telangana, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Ranchi, Srinagar, and Thiruvananthapuram will be closed on account of Milad-un-Nabi.

Banks in Kerala were closed on account of Onam. Meanwhile, September 14 also also being a second saturday of the month, banks across all the states were be closed. 

Following Bank Holidays Are To Be Observed By Various States From September 16 September 18. But all the states will not observe holidays on all the below mentioned dates.

September 16 — Eid-e-Milad (Monday) — All over India

September 17 — Indra Jatra (Tuesday) — Sikkim

September 18 — Sree Narayana Guru Jayanti (Wednesday) — Kerala

Bank Closures for Weekends in September 2024

In addition to the holidays, banks will be closed on the following weekends:

– Sundays: September 1, 8, 15, 22, 29

– Second Saturday: September 14

– Fourth Saturday: September 28

The Reserve Bank of India categorises its holidays into three groups: Holidays under the Negotiable Instruments Act; Holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it’s important to note that bank holidays differ from state to state and are not observed by all banks. These holidays are often based on local festivals or specific occasions announced in those states.