Bank Holiday: Will Banks Be Closed On Tuesday, July 23? Check RBI's Holiday List
Many customers are wondering if banks will be closed on Tuesday, July 23, 2024. The reason for this is that the Union Budget for the fiscal year is scheduled to be presented on that day. This budget will be the first full budget of Modi's third term. The budget outlines the country's financial plans. While banks were closed in areas where elections were held, the question now is whether banks will remain open on the day the national budget is announced. Here’s what you need to know about whether banks will be closed on July 23.
Will Banks Be Closed on July 23 Due to the Budget?
The Union Budget will be presented on Tuesday, July 23. However, there will be regular operations in banks on that day. Both private and public sector banks will remain open, and branches will be available to customers. Even on regular holidays when banks are closed, customers can still access services through ATMs, cash deposits, online banking, and mobile banking.
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Bank Closure Schedule for July
Banks remain closed on all national and local holidays, significant anniversaries, every Sunday, the second and fourth Saturdays of each month. Banks are open on the first, third, and fifth Saturdays. For the remaining days in July, banks will be closed only on the following three days:
- July 21 (Sunday) – Weekend (Nationwide)
- July 27 (Saturday) – Weekend (Nationwide)
- July 28 (Sunday) – Weekend (Nationwide)
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