Eid Bank Holiday April 2024: Banks to be closed for Eid al-Fitr in several states; check list here | India Business News – Times of India

Eid Bank Holiday April 2024: Banks to be closed for Eid al-Fitr in several states; check list here | India Business News - Times of India

Eid Bank Holiday April 2024: According to the Reserve Bank of India (RBI) holiday list, banks in some states will remain closed on Thursday on the occasion of Ramadan Eid (Eid-ul-Fitr).
Eid al-Fitr It begins when the crescent moon is sighted, beginning the 10th month of Shawwal in the Islamic calendar. Since lunar months last from 29 to 30 days, Muslims usually confirm the night before the Eid date begins.
According to an ET report, the crescent moon was not sighted in Delhi, Hyderabad and Lucknow on April 9, so Eid will be celebrated on April 11. However, in Kerala, Ladakh and Jammu and Kashmir, where the moon was sighted. On April 9, Eid will be celebrated today (April 10), with celebrations in various countries across the Middle East and West.

Here is the bank holiday schedule for Eid-ul-Fitr in the states:

April 10: Banks will remain closed in Kerala.
April 11 (Thursday) – Ramadan-Eid (Eid al-Fitr) (1st of Shawwal): Banks will remain closed in most states except Chandigarh, Sikkim, Kerala and Himachal Pradesh.
Read this also Bank Holidays April 2024: Banks in some states are open for only 3 days this week. Check Ugadi, Gudi Padwa, Eid offs.

Additionally, other bank holidays in April are:

April 13 (2nd week) – Bohag Bihu/Cherawaba/Basakhi/Biju Festival: Banks will remain closed in Tripura, Assam, Manipur and Jammu and Srinagar.
April 15 (Monday) – Bohag Bihu/Himachal Day: Banks will remain closed in Assam and Himachal Pradesh.
April 16 (Tuesday) – Shri Ram Nomi (Chet Dasin): Banks will remain closed in various states including Gujarat, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Andhra Pradesh, Telangana, Rajasthan, Uttar Pradesh, Bihar, and Jharkhand.
April 20 (Third Week) – Griya Puja: Banks will remain closed in Tripura.
Throughout April, banks remain closed for several reasons including year-end account closure, Babu Jagjeevan Ram’s birthday/Goodbye Friday, Gadhi Padua/Ugadi Festival/Telugu New Year’s Day/Sajibo Nongmapanba (Cheeroba )/First Navaratra, Ramadan. (Eid-ul-Fitr), Bohag Bihu/Cherawaba/Baisakhi/Biju Festival, Bohag Bihu/Himachal Day, Shri Ram Nomi (Chet Dasin), and Doll Puja.
The advent of digital banking channels has revolutionized banking services, enabling customers to access banking services anytime, anywhere through internet banking and mobile banking platforms. These channels enable customers to perform various banking transactions such as fund transfer, loan applications, and Deposit by due date Manage with ease and efficiency.
The Reserve Bank of India has classified bank holidays into three main categories: Negotiable Instruments Act holidays, Real Time Gross Settlement (RTGS) holidays, and bank account closure holidays. This classification ensures clarity and consistency in banking operations, allowing customers to plan their financial activities accordingly.

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