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Krishna Janmashtami 2024: Are Banks Open or Closed?

Monday, August 26, is Krishna Janmashtami, and several states will be celebrating with a holiday. Moreover, banks in these states will be closed on this auspicious day in observance of Lord Krishna’s birth. Public and private sector banks will be closed in the cities where this holiday is observed, per the Reserve Bank of India’s (RBI) yearly bank holiday calendar.

Long weekend

The banks will be closed from August 24, 2024, as it is the fourth Saturday of the month. According to the RBI rules, banks are closed on the second and forth Saturday of the month including Sundays, national and regional holidays. The banks will also be closed on August 25 for it is Sunday. Then on Monday, banks are closed in some states on the occasion of Janmashtami (Shravan Vad-8)/Krishna Jayanthi, which is after fourth Saturday and Sunday.

States were banks are closed in: 

Banks will be closed on the following dates in the mentioned states: Gujarat, Odisha, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu and Srinagar, Uttar Pradesh, West Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, and Himachal Pradesh.

Banks will be open in:

Tripura, Mizoram, Maharashtra, Karnataka, Assam, Manipur, Arunachal Pradesh, Kerala, Nagaland, New Delhi, Goa.

Services available

Individuals have the opportunity to utilize various digital banking services provided by a majority of banks. These services include internet banking, Whatsapp banking, SMS banking, and mobile banking. A wide range of both financial and non-financial services can be accessed through net banking and mobile banking platforms. It is essential for bank customers to take advantage of these convenient services to enhance their banking experience and manage their finances efficiently.

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Source: BT

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