India observes Kartika Purnima and Guru Nanak Jayanti on November 15, 2024, which is a public holiday for banks in a number of states. The state-by-state breakdown of bank closures and the effects of this holiday on banking services may be seen here.
On Friday, November 15, 2024, banks in many Indian states will be closed in observance of Guru Nanak Jayanti. The yearly event, also called Guru Nanak Gurpurab, commemorates the birth of the renowned Sikhism founder, Guru Nanak. This holiday, which falls on Kartika Purnima, is widely celebrated as a significant cultural and religious occasion. Here is a list of states where banks have been confirmed to be closed in case you're wondering if the branches of your local bank will be open.The Reserve Bank of India (RBI) claims that in addition to regular weekend closures on the second and fourth Saturdays and every Sunday, the holiday schedule is organized with an emphasis on national and state-specific events. Although several states observe Guru Nanak Jayanti as a holiday,
Which States Have Issued Bank Holiday Proclamations?
On November 15, in observance of Guru Nanak Jayanti or Kartika Purnima, bank branches will be closed in the following states: Mizoram, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Telangana, Arunachal Pradesh, Rajasthan, Jammu, Uttar Pradesh, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, and West Bengal. Although not all states or banking institutions follow these closures consistently, this observance is in line with the RBI's more general national holiday rules.
On November 15, in observance of Guru Nanak Jayanti or Kartika Purnima, bank branches will be closed in the following states: Mizoram, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Telangana, Arunachal Pradesh, Rajasthan, Jammu, Uttar Pradesh, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, and West Bengal. Although not all states or banking institutions follow these closures consistently, this observance is in line with the RBI's more general national holiday rules.
Why Guru Nanak Jayanti Is Important
Guru Nanak Jayanti, also known as Guru Nanak Prakash Utsav, honors the birthday of one of the most venerated Sikh Gurus and the founder of Sikhism, Guru Nanak. The date, which varies annually based on the lunar calendar, is in October or November and is observed on the full moon day of the Hindu month of Katak. Sikhs and adherents of Guru Nanak's teachings should take some time during this holiday to consider his teachings on spiritual wisdom, compassion, and togetherness.
Guru Nanak Jayanti, also known as Guru Nanak Prakash Utsav, honors the birthday of one of the most venerated Sikh Gurus and the founder of Sikhism, Guru Nanak. The date, which varies annually based on the lunar calendar, is in October or November and is observed on the full moon day of the Hindu month of Katak. Sikhs and adherents of Guru Nanak's teachings should take some time during this holiday to consider his teachings on spiritual wisdom, compassion, and togetherness.
The Impact This Has on Customers
Customers can still access financial services through ATMs, digital banking, and UPI platforms even though physical branches in the designated states will be closed. Online transactions continue to function for urgent banking needs, guaranteeing that services are accessible even on holidays.
Highlights of the November 2024 Bank Holiday
November 2024 also marks a number of other festivals in addition to Guru Nanak Jayanti, such as:
November 1: In certain states, Diwali Amavasya and Kannada Rajyothsava
November 2: The New Year of Vikram Samvant
November 7–8: In some areas, people celebrate Chhath Puja
November 12: Uttarakhand's Egaas-Bagwaal
November 18: Karnataka's Kanakadasa Jayanti
Seng Kutsnem (Meghalaya) on November 23
Customers can still access financial services through ATMs, digital banking, and UPI platforms even though physical branches in the designated states will be closed. Online transactions continue to function for urgent banking needs, guaranteeing that services are accessible even on holidays.
Highlights of the November 2024 Bank Holiday
November 2024 also marks a number of other festivals in addition to Guru Nanak Jayanti, such as:
November 1: In certain states, Diwali Amavasya and Kannada Rajyothsava
November 2: The New Year of Vikram Samvant
November 7–8: In some areas, people celebrate Chhath Puja
November 12: Uttarakhand's Egaas-Bagwaal
November 18: Karnataka's Kanakadasa Jayanti
Seng Kutsnem (Meghalaya) on November 23
How to Handle Bank Holidays
The Negotiable Instruments Act, which mostly establishes public holidays like Guru Nanak Jayanti, is one of the three categories into which the RBI divides holidays. However, due to regional variations in observances, clients who intend to visit in person on these dates should confirm with their local branches.
The Negotiable Instruments Act, which mostly establishes public holidays like Guru Nanak Jayanti, is one of the three categories into which the RBI divides holidays. However, due to regional variations in observances, clients who intend to visit in person on these dates should confirm with their local branches.
India's banking system respects religious and cultural holidays that are significant to different communities in different states while maintaining continuity for its diverse populace by adhering to RBI's rules.
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