Bank Holiday: Assam Banks Closed for Srimanta Sankardeva Day

by CiCi

Banks across Assam will remain closed today in observance of the Tirubhav Tithi of Srimanta Sankardeva, a revered cultural and religious figure in the state. This closure is specific to Assam, while financial institutions in other regions of India will continue their operations as usual.

Who Is Srimanta Sankardeva?

Srimanta Sankardeva was a saint-scholar, poet, and social reformer from the 15th–16th century, whose influence deeply shaped Assam’s cultural and religious heritage. His establishment of the Sattras, or monasteries, has left a lasting legacy, with these institutions still upholding his teachings and traditions today.

For residents of Assam, it’s important to note that banking services will be unavailable for the day, so planning ahead for financial needs is advisable.

Bank Holidays Overview

The Reserve Bank of India (RBI) has a structured system for bank holidays, which includes closures on the second and fourth Saturdays of each month, Sundays, and various national and regional holidays. In 2024, the Government of India has declared three national holidays: Republic Day on January 26, Independence Day on August 15, and Gandhi Jayanti on October 2. Additionally, the RBI designates specific holidays under categories such as the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks’ Closing of Accounts.

Banking Options on Holidays

While physical banking services are unavailable during holidays, customers can still manage their accounts through digital platforms. Internet banking, SMS banking, and WhatsApp banking services remain operational, enabling both financial and non-financial transactions without disruption.

Full List of Bank Holidays in September 2024

In September 2024, banks will observe 15 days of closures, covering both national and regional holidays. The detailed list of these holidays is provided at the end of this article, allowing customers to plan their banking activities accordingly.

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