Are banks open on Monday, April 1?

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Banks in many states will not be open on Monday as this is when banks will have to close their yearly accounts according to the Reserve Bank of India (RBI) guidelines...

Banks will be closed for 14 days in the month of April in different states including Sundays, second and fourth Saturdays, according to the Reserve Bank of India (RBI) holiday list...

April 1, 2024 bank holidayApril 1 bank holiday falls under Bank Account Closing Holidays category...

To enable banks to close their yearly accounts, banks will remain closed in most of the states except Mizoram, Chandigarh, Sikkim, Bengal, Himachal Pradesh, and Meghalaya...

"The facility of exchange / deposit of Rs 2000 banknotes will not be available on Monday, April 01, 2024 at the 19 Issue Offices1 of the Reserve Bank of India due to operations associated with the Annual Closing of Accounts..