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Diwali bank holidays 2023: Commencing with Dhanteras and culminating in Bhai Dooj on November 15th, the five-day festival of Diwali will see banks across India remain closed on November 10th. This year, Diwali celebrations will coincide with a Sunday, falling on November 12th. Dhanteras, the first day of the festival, marks the day when Hindus worship Lakshmi, the goddess of wealth and prosperity. It is considered an auspicious occasion to purchase precious metals, particularly gold and silver, as these are believed to bring good fortune.
The RBI classifies holidays into three categories: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
Overall, banks are scheduled to remain closed for 15 days in November to observe various festivals and national events.
Diwali Bank Holidays 2023
- November 10 (Friday): Wangala Festival – Meghalaya.
- November 11 (Second Saturday)
- November 12 (Sunday)
- November 13 (Monday): Govardhan Pooja – Tripura, Uttarakhand, Sikkim, Manipur, Rajasthan, UP, and Maharashtra.
- November 14 (Tuesday): Diwali – Gujarat, Maharashtra, Karnataka, and Sikkim.
- November 15, 2023 (Wednesday): Bhaidooj – Sikkim, Manipur, Uttar Pradesh, Bengal, and Himachal Pradesh.
Check list of remaining bank holidays in November 2023
- November 20 (Monday)- Chhath (Morning Arghya). Banks closed in Bihar and Rajasthan.
- November 23 (Tuesday)- Seng Kutsnem/Egaas-Bagwaal. Banks closed in Uttarakhand and Sikkim.
- November 27 (Monday)- Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima. Banks shut in Tripura, Mizoram, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Hyderabad – Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Maharashtra, New Delhi, Bihar, Jharkhand, Himachal Pradesh.
- November 30 (Thursday)- Kanakadasa Jayanthi. Banks closed in Karnataka.
If you’re planning to visit a branch during this period, it’s important to confirm your bank’s operating schedule to avoid inconvenience at the last moment. Despite the closure of banks, Internet banking services will remain operational throughout the holiday period, enabling customers to conveniently manage their finances from the comfort of their homes.
Additionally, ATM services will remain available for cash withdrawals, ensuring uninterrupted access to funds.
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