The month of June brings multiple festivals and anniversaries, leading to holidays in banks across India.
From June 15 to June 18, several states will observe bank holidays. It’s advisable to complete any important bank-related tasks beforehand to avoid inconvenience.
Understanding Bank Holiday Dates
According to the Reserve Bank of India, here are the specific bank holiday details:
June 15: YMA Day (Aizawl) and Raja Sankranti (Bhubaneswar)
June 16: Sunday (nationwide holiday)
June 17: Various states including Agartala, Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneswar, and more
June 18: Bakrid (Jammu and Srinagar)
Managing Transactions During Bank Holidays
While banks are closed, essential services like net banking, mobile banking, and ATMs remain operational.
Using Alternative Banking Services
Despite bank closures, you can utilize:
Net Banking and Mobile Banking: For transfers and transactions.
ATMs: Available 24/7 for cash withdrawals.
Stock Market Holidays
The stock market will also observe closures over three consecutive days.
June 15 and 16: Weekend holidays (Saturday and Sunday).
June 17: No trading due to Bakrid across NSE and BSE in equity, derivatives, and SLB segments.
By planning ahead and using alternative banking services, you can manage your financial activities effectively during these holidays.
