Bank Holidays in June 2024: Bank customers should be prepared for several non-working days in June 2024 due to religious holidays and weekend closures. Banks will be closed for up to 12 days in June, including Sundays and the second and fourth Saturdays this month.
Despite the closures, online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs for urgent requirements. However, customers are urged to plan visits to bank branches carefully, considering the non-working dates.
The Reserve Bank of India (RBI) in coordination with state governments determines the bank holiday calendar, accounting for national/state holidays, cultural or religious observances, and operational necessities. The full list of bank holidays for the year is disseminated by the RBI through official channels, ensuring transparency and coordination across financial institutions.
According to the RBI, there are three types of bank holidays in the country: Holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. Notably, Regional bank holidays can vary from state to state and bank to bank in the country
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