Are banks closed on Friday, November 15 for Guru Nanak Jayanti? Check here, ET BFSI

Guru Nanak Jayanti 2024 Bank Holidays: India observes various bank holidays each year, which include national holidays, regional festivals, and other key occasions. These holidays affect banking services across the country. This article provides an overview of the bank holidays in India for November 2024, with a special focus on closures for Guru Nanak Jayanti, also known as Gurpurab.

What Are Bank Holidays in India?

The Reserve Bank of India (RBI) determines bank holidays for public and private banks. These include closures for national events, state-specific celebrations, and weekends such as the second and fourth Saturdays and Sundays. In November 2024, there are 12 bank holidays, covering regional and state-specific observances.

Guru Nanak Jayanti: Importance and Observance

Guru Nanak Jayanti, also known as Gurpurab or Guru Nanak Prakash Utsav, celebrates the birth of Guru Nanak Dev Ji, the founder of Sikhism. This significant day is observed on Kartik Purnima, which is the full moon day in the Hindu lunar calendar. In 2024, it falls on Friday, 15th November, and is celebrated with much enthusiasm in India and across the globe.

Are Banks Closed on Guru Nanak Jayanti 2024?

Yes, many banks will be closed on Guru Nanak Jayanti (15th November 2024). The bank holidays for this occasion apply to multiple states, including:

Bank customers in these states should note that services will only resume after the weekend, so it’s best to plan.

How to Access Banking Services During Guru Nanak Jayanti

Even though bank branches will be closed for Guru Nanak Jayanti Bank Holidays, you can still manage your finances through digital services.

Options for Banking During the Holiday

• Online Banking: Log in to your bank’s website to check balances, transfer money, and pay bills.
• Mobile Banking: Use your bank’s mobile app for quick and convenient access to services.
• UPI Services: Payment platforms like Google Pay, PhonePe, and Paytm are available for transactions.
• ATMs: Cash withdrawals and deposits can still be done through ATMs, which will remain operational.

Using these services ensures your banking needs are met without disruption during the holidays.

Key Points to Remember

• Plan your banking tasks to avoid last-minute issues.
• Make use of digital banking platforms for essential transactions.

Guru Nanak Jayanti Bank Holidays on 15th November 2024 will see bank closures in many states. However, digital banking and ATM services will ensure uninterrupted access to essential financial services. Being aware of the bank holidays in India can help you plan better and manage your finances seamlessly during these festive periods.

List of Bank Holidays in November 2024

According to RBI guidelines, banks are closed every Sunday and on the second and fourth Saturdays. In November, additional closures are listed under the Negotiable Instruments Act, which allows for bank holidays on important state events and national festivals. Here is a breakdown of the specific days and reasons for closures:

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