The Reserve Bank of India has released the list of holidays for the month of November, and there will be exactly 15 days of holidays for banks this month.
The Reserve Bank of India (RBI) prepares a list of holidays every month. The holidays in the RBI holiday list will be applicable to the public sector, private sector, foreign banks, cooperative banks, and regional banks. These holidays include all Sundays, and the second and fourth Saturdays in November.
A holiday under the Negotiable Instruments Act
Negotiable Instruments Act and Real-Time Gross Settlement Holidays
Accounts closing holidays
There are a total of 15 holidays in the month of November including Saturday and Sunday. Bank holidays vary from state to state. Apart from the Diwali festival, there are holidays like Kannada Rajyotsava, Kanakadasa Jayanti, etc. Region-bound festivals like Karva Chauth, Vangala festival, Govardhana Puja, etc. have holidays in their respective regions.
There are a total of 9 holidays in the month of November in Karnataka. Even though banks are closed these days, there will not be much disruption to your normal financial activities. There will be ATMs and digital banking.
Holidays are given according to respective regional celebrations and festivals. However, only public and gazetted holidays are applicable to all banks across the country.
Various Bank Holidays in November 2023
November 1 Wednesday: Kannada Rajyotsava, Kath and Karva Chauth (holiday in Karnataka, Himachal Pradesh and Manipur)
November 5 : Sunday off
November 10 Friday: Vangala festival (bank holiday in Meghalaya state)
November 11 : Second Saturday
November 12 : Sunday
November 13 , Monday: Govardhan Puja, Diwali festival (bank holiday in Tripura, Sikkim, Uttarakhand, Manipur, Rajasthan, Maharashtra and Uttar Pradesh).
November 14 , Tuesday: Diwali festival (bank holiday in states of Karnataka, Gujarat, Maharashtra, Sikkim)
November 15 , Wednesday: Diwali, Chitragupta Jayanti, Ningol Chakkoba, Bhratridwitiya celebration (bank holiday in Sikkim, Manipur, Uttar Pradesh, West Bengal and Himachal Pradesh)
November 19 : Sunday off
November 20 , Monday: Arghya (bank holiday in Bihar and Rajasthan)
November 23 , Tuesday: Seng Kutsnem, Igas Bagawal festival (bank holiday in Uttarakhand and Sikkim states).
November 25 : Fourth Saturday holiday
November 26 : Sunday off
November 27 , Monday: Madhya Pradesh, Odisha, Tripura, Mizoram, Maharashtra, Chandigarh, Uttarakhand, Telangana, Rajasthan, Jammu, Uttar Pradesh, West Bengal, Maharashtra, Delhi, Bihar, Jharkhand and Holiday for banks in Himachal Pradesh.
November 30 , Thursday: Kanakadasa Jayanti (Holiday in Karnataka)
Bank holidays in Karnataka in the month of November
November 1 : Kannada Rajyotsava
November 5 : Sunday
November 11 : Second Saturday
November 12 : Sunday
November 14 , Tuesday: Diwali festival
November 19 : Sunday off
November 25 : Fourth Saturday holiday
November 26 : Sunday off
November 30 Thursday: Kanakadasa Jayanti
Banks are closed for many days during this month. So, if you have something to do in the bank, go to the bank only after looking at the list of holidays.
