Due to several local and national holidays in July, banks will be closed for a total of twelve days. By the Negotiable Instruments Act, the Reserve Bank of India (RBI) has declared July 3, 6, 8, 9, 16, and 17 to be bank holidays. The issue of promissory notes and checks is covered by the Negotiable Instruments Act. During the holidays, transactions involving these instruments won’t be accessible.
Here is the list of bank holidays
in July to consider before planning your bank visit. Please note that holidays may vary by region across India.
- The Pnar community in Meghalaya celebrates BehDienkhlam on July 3, 2024. It’s the Jaintia people’s dance festival. People ask for blessings to fight off evil spirits and to ensure a bountiful harvest. Every year, it takes place in July.
- Mizo Hmeichhe Insuihkhawm Pawl, also known as MHIP Day, is observed on July 6, 2024, in honor of the largest women’s organization in Mizoram. In literal terms, MHIP means “binding women together.”
- July 8, 2024: Manipur celebrates the Rath Yatra, or Kang, for ten days in July. In Manipur, Lord Jagannath departs his temple in a car known as a “Kang,” which is drawn by worshippers in his honor.
- Drukpa Tshe-zi is a Buddhist festival observed in Sikkim on July 9, 2024. It honors Gautam Buddha’s inaugural discourse, sometimes referred to as “setting the wheel of Dharma in motion.” This sermon introduced the Four Noble Truths, which lay the foundation for the Buddhist faith.
- On July 16, 2024, Uttarakhand celebrates the Harela celebration, which heralds the arrival of the monsoon and the start of the new farming season. The Kumaon region is the primary location for its celebration, but the Garhwal region observes variations like Mol-Sankranti or Rai-Sagarant.
- July 17, 2024: The Islamic calendar observes Muharram/Ashura on the tenth day of the first month. Muslims commemorate the martyrdom of Prophet Muhammad’s grandson, Imam Hussein, on this sorrowful anniversary. Shia Muslims commemorate this day with rituals that represent sacrifice and mourning processions, known as tazias.
- Meghalaya observes U Tirot Sing Day on July 17, 2024, to honor the bravery and tenacity of U Tirot Sing, a freedom warrior who resisted British colonial rule in the region.
In addition to the national and regional holidays
mandated by the RBI in July, banks in India will also be closed on the following days. Sundays are bank holidays. July has four Sundays: July 7, 14, 21, and 28. Except for January and December, banks are also closed on the second and fourth Saturday of each month. July 13 and July 27 are the dates of the second and fourth Saturdays.
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