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Are banks open on April 1, 2024? Know if it is a bank holiday today

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Bank holidays April 2024: Banks across many states will remain closed on Monday, April 1, 2024. This closure is in accordance with the guidelines set by the Reserve Bank of India (RBI) for the annual closing of accounts.
As per an ET report, banks will be closed for a total of 14 days across different states in the month of April, including Sundays and the second and fourth Saturdays, as per the RBI holiday list.

The RBI classifies holidays into three categories: Negotiable Instruments Act Holidays, Real Time Gross Settlement Holidays, and Bank Account Closing Holidays.
April 1, 2024, is designated as a Bank Account Closing Holiday, allowing banks to finalise their yearly accounts. However, it’s important to note that while most places will observe this closure, Mizoram, Chandigarh, Sikkim, West Bengal, Himachal Pradesh, and Meghalaya will remain unaffected.

Bank holidays in April 2024

Here are the holidays for which banks will remain closed in April 2024:

  • Bank Account Closing for yearly accounts
  • Babu Jagjivan Ram’s Birthday/Jumat-ul-Vida
  • Gudhi Padwa/Ugadi Festival/Telugu New Year’s Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra
  • Ramzan-Id (Eid-Ul-Fitr)
  • Bohag Bihu/Cheiraoba/Baisakhi/Biju Festival
  • Bohag Bihu/Himachal Day
  • Shree Ram Navami (Chaite Dasain)
  • Garia Puja

ALSO READ | Bank holidays April 2024: Banks are closed for 14 days in April 2024; check full list here

April 2024 bank holiday list

Apr-24 1 5 9 10 11 13 15 17 20
Agartala
Ahmedabad
Aizawl
Belapur
Bengaluru
Bhopal
Bhubaneswar
Chandigarh
Chennai
Dehradun
Gangtok
Guwahati
Hyderabad – Andhra Pradesh
Hyderabad – Telangana
Imphal
Itanagar
Jaipur
Jammu
Kanpur
Kochi
Kohima
Kolkata
Lucknow
Mumbai
Nagpur
New Delhi
Panaji
Patna
Raipur
Ranchi
Shillong
Shimla
Srinagar
Thiruvananthapuram

Holiday Description Day
To enable to Banks to close their yearly accounts 1
Babu Jagjivan Ram’s Birthday/Jumat-ul-Vida 5
Gudhi Padwa/Ugadi Festival/Telugu New Year’s Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra 9
Ramzan-Id (Id-Ul-Fitr) 10
Ramzan-Id (Id-Ul-Fitr) (1st Shawaal) 11
Bohag Bihu/Cheiraoba/Baisakhi/Biju Festival 13
Bohag Bihu/Himachal Day 15
Shree Ram Navami (Chaite Dasain) 17
Garia Puja 20

Rs 2,000 note exchange and deposit

Additionally, the Reserve Bank of India has announced that the exchange and deposit of Rs 2,000 notes will not be available on April 1, 2024. This temporary suspension is due to the annual closing of accounts. The facility will resume on Tuesday, April 2, 2024, as per RBI’s notification issued on March 28, 2024.

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