In June 2024, banks across India will observe a total of ten holidays. This detailed guide will help you plan your financial activities to avoid any inconvenience during these periods. Understanding the bank holidays in advance allows you to manage your banking needs efficiently. Here is the complete list of bank holidays for June 2024, along with important information on how to handle your banking tasks during these closures.
Weekly and Bi-Weekly Bank Holidays
Sundays and Saturdays: Regular Holidays
Banks in India traditionally remain closed on Sundays and on the second and fourth Saturdays of each month. This regular schedule accounts for the following holidays in June:
- Sunday, June 2
- Second Saturday, June 8
- Sunday, June 9
- Sunday, June 16
- Fourth Saturday, June 22
- Sunday, June 23
- Sunday, June 30
These dates are consistent nationwide, ensuring a predictable pattern of closures that customers can rely on.
Regional Bank Holidays
In addition to the standard weekly holidays, certain regions will observe additional holidays due to local festivals and events. These regional holidays are specific to certain states and cities, reflecting the diverse cultural landscape of India.
Raja Sankranti: June 15
- Bhubaneswar and Aizawl Zones
Raja Sankranti, a significant festival in Odisha, will lead to bank closures in Bhubaneswar and Aizawl on June 15. This festival marks the beginning of the agricultural year and is celebrated with great enthusiasm.
Bakrid: June 17
- All Zones
Eid al-Adha, commonly known as Bakrid, is one of the most important Islamic festivals. Banks across India will remain closed on June 17 in observance of this holy day. This festival commemorates the willingness of Ibrahim (Abraham) to sacrifice his son as an act of obedience to God.
Local Holiday: June 18
- Jammu and Srinagar Zones
On June 18, banks in the Jammu and Srinagar zones will be closed due to a local holiday. It is important for residents and businesses in these areas to take note of this date to avoid any banking interruptions.
How to Manage Banking During Holidays
Mobile and Net Banking: Your Reliable Alternatives
During the bank holidays, you can still manage most of your banking tasks through mobile and net banking services. These online facilities remain operational, providing you with a convenient way to handle transactions, check account balances, and perform other banking activities without any disruption.
Automated Teller Machines (ATMs)
ATMs will remain functional during the bank holidays, allowing you to withdraw cash, deposit funds, and check your account balance. However, it is advisable to complete any major transactions or bank-related tasks before the holidays to avoid any last-minute rush or inconvenience.
Scheduled Transactions and Payments
For those who need to schedule transactions or payments, it is important to take the bank holidays into account. Make sure to set up any automatic payments or transfers in advance to ensure they are processed on time.
Comprehensive List of June 2024 Bank Holidays
To summarize, here is the complete list of bank holidays in June 2024:
- Sunday, June 2 – Weekly Holiday
- Second Saturday, June 8 – Bi-Weekly Holiday
- Sunday, June 9 – Weekly Holiday
- Saturday, June 15 – Raja Sankranti (Bhubaneswar and Aizawl Zones)
- Sunday, June 16 – Weekly Holiday
- Monday, June 17 – Bakrid (All Zones)
- Tuesday, June 18 – Local Holiday (Jammu and Srinagar Zones)
- Fourth Saturday, June 22 – Bi-Weekly Holiday
- Sunday, June 23 – Weekly Holiday
- Sunday, June 30 – Weekly Holiday
By keeping this list handy, you can ensure that your financial activities are well-planned and executed without any hassles during the bank holidays.
Why Knowing Bank Holidays is Crucial
Avoiding Inconvenience
Being aware of bank holidays helps in avoiding any inconvenience, especially if you have urgent banking tasks. Whether it’s withdrawing cash, depositing checks, or any other banking-related activities, knowing the holidays in advance can save you time and effort.
Planning Business Operations
For businesses, understanding bank holidays is crucial for planning operations, payroll processing, and other financial activities. This knowledge ensures that all transactions are conducted smoothly without any delays.
Travel and Leisure Planning
For individuals planning travel or leisure activities, knowing the bank holidays can help in better planning. Ensuring that all financial needs are taken care of before heading out for a vacation can prevent any last-minute financial hurdles.
