Last updated: Sep 26, 2023 09:58 IST
Banks announce holiday for Eid-e-Milad, know the dates
Is it a holiday for Eid-E-Milad? View the full list here
Are banks closed for Eid: As the month of September is coming to an end in a few days, it is important to note that banks will remain closed on September 27 and 28 (depending on the states) on the occasion of the Eid-E-Milad festival.
The Reserve Bank of India has divided public holidays into three groups: holidays under the Negotiable Instruments Act; Holidays under the Negotiable Instruments Act and holidays for gross settlement in real time; and the closing of accounts by banks.
Holiday for Eid-Milad
September 27: Milad-i-Sherif (Birthday of Prophet Muhammad) (Banks remain closed in Jammu and Kerala)
September 28: Eid-E-Milad/Eid-e-Meeladunnabi – (Birthday of Prophet Muhammad) (Bara Vafat) Banks will be closed in Gujarat, Mizoram, Maharashtra, Karnataka, Tamil Nadu, Uttarakhand, Telangana, Manipur, Uttara Pradesh, New Delhi, Chhattisgarh and Jharkhand.
September 29: Indrajatra/Friday after Eid-i-Milad-ul-Nabi (Banks remain closed in Sikkim, Jammu and Srinagar.)
According to the Reserve Bank of India’s holiday list, there are 16 public holidays in September in various states of India, including Sundays, Second Saturdays and Fourth Saturdays.
In September, banks were closed on the occasion of Sri Krishna Janmashtami, Janmashtami (Shravan Vad-8)/Sri Krishna Ashtami, Varasiddhi Vinayaka Vrata/Vinayaka Chathurthi, Ganesh Chaturthi/Samvatsari (Chaturthi Paksha), Ganesh Chaturthi (2nd day)/Nuakhai, Sree Narayana Guru Samadhi Day, Birthday of Maharaja Hari Singh Ji, Janmotsav of Srimanta Sankardeva.
Even as bank branches will be closed, online banking services will continue to function seamlessly, allowing customers to conduct banking transactions, check balances and perform essential banking tasks.
The next holiday falls on October 2 instead of Gandhi Jayanti. All public and private sector banks will remain closed on the day.