Banks in India remain closed on the regional state holidays, national or public holidays and on every second and fourth Saturdays in a month.
What are National / Public holidays in India?
Republic Day (26th Jan), Independence Day (15th Aug) and Gandhi Jayanti (2nd Oct) are the national holidays applied in all states and union territories of India.
Who decides bank holidays in India?
In addition to the 14 compulsory holidays Central Government Employees Welfare Coordination Committee in the respective state capitals decides the final list of holiday in their respective states.
How many bank holidays are there in India?
Bank holidays may differ from bank to bank and state to state. However, some of the fixed bank holidays that all the banks have are the public holidays such as Republic Day (26th Jan), Independence Day (15th Aug) and Gandhi Jayanti (2nd Oct)
How many bank holidays are there in Andhra Pradesh?
There are total 47 bank holidays in Andhra Pradesh in 2022.
Which are the famous places to visit during bank holidays in Andhra Pradesh?
Visakhapatnam, Araku Valley, Borra Caves, Tirupati, Gandikota are some of the famous places to visit during bank holidays in Andhra Pradesh.
Will NEFT work during bank holidays?
As per the RBI rules, NEFT transactions can be performed 24*7. However there are few holidays on which NEFT won’t work. Those holidays are 1 April (Annual closing of banks), Good Friday, Ramzan Eid, Bakra Eid, Independence Day, Muharram, Mahatma Gandhi Jayanti, Vijaya Dashmi and Christmas.
Will RTGS work during bank holidays?
As per the RBI guidelines, RTGS services available 24*7, throughout the year.