Noida, Aug 26 (APAC Media): Bank branches will remain closed in several states on Wednesday on account of regional holidays linked to Onam and Id-e-Milad, according to the banking holiday calendar.
Customers in states where the holidays are being observed will not be able to access regular branch services such as cash deposits and withdrawals, cheque-related work, account services and other in-person banking facilities.
According to the holiday list, bank branches are closed today in Maharashtra, Karnataka, Madhya Pradesh, Andhra Pradesh, Tamil Nadu, Uttarakhand, Telangana, Manipur, Jammu and Srinagar, Jharkhand, Chhattisgarh, Bihar, New Delhi, Uttar Pradesh and Kerala.
The holidays are being observed for different reasons across states. Onam is a major festival in Kerala and marks the annual celebration associated with the legendary King Mahabali. Id-e-Milad, also known as Milad-un-Nabi or Mawlid, commemorates the birth anniversary of Prophet Muhammad.
The closure applies to physical bank branches and does not mean that customers will lose access to most routine digital banking services. ATMs, internet banking, mobile banking and Unified Payments Interface (UPI) services are generally available even when branches are closed.
Bank holidays in India vary from state to state because several festivals and occasions are observed regionally. In addition to state-specific holidays, banks remain closed on Sundays and the second and fourth Saturdays of every month.
The Reserve Bank of India publishes the annual bank holiday calendar, while individual banks may also provide branch-specific schedules through their websites and customer service channels.
With several regional holidays falling during the month, customers are advised to plan branch visits and time-sensitive transactions accordingly. Digital banking channels can be used for routine payments, fund transfers and other services during the closure, subject to normal system availability.
–ENDS–
Disclaimer:Â This article is for informational purposes only and is based on publicly available information. APAC Media is not responsible for investment decisions or losses. Please conduct your own research or consult a financial adviser before investing.
Also Read:
