Bank Holidays Alert: Banks Will Remain Closed In These Places Tomorrow On Eid-e-Milad, See List Here

The Maharashtra government has postponed the Eid-e-Milad holiday in Mumbai. In view of Ganesh Visarjan on Anant Chaturdashi on 17 September, local leaders of the Muslim community had requested the state government regarding this.

Therefore, now the Eid-e-Milad holiday in Mumbai will be on 18 September instead of 16 September. After this decision of the Maharashtra government, the Reserve Bank of India has also issued a statement saying that its offices in Mumbai and Mumbai Suburban will now be closed on 18 September instead of 16 September.

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RBI has said that there will be no transactions and settlements in government securities, foreign exchange, money market and rupee interest rate derivatives on September 18, 2024. Settlement of all outstanding transactions on September 18 will be postponed till the next working day i.e. September 19, 2024. Now government securities, foreign exchange, money market and rupee interest rate derivative markets will be operational on September 16.

Banks in Mumbai will remain closed on September 18

After this development, the Eid-e-Milad holiday in Mumbai banks will be on September 18 instead of September 16. Eid-e-Milad is also known as Milad-un-Nabi and Barawafat. This day is the birthday of Prophet Muhammad.

There is also a bank holiday in Sikkim on September 18 due to the Pang Lhabsol Festival. This festival is celebrated every year to pay respect and appease the guardian deities of Sikkim, especially Mount Kanchenjunga. It also commemorates the treaty of brotherhood between the Lepchas and the Bhutias and symbolizes the unity of the Sikkimese.

Where banks are closed on 16 September

Banks will be closed on September 16 on Eid-e-Milad in Gujarat, Mizoram, Karnataka, Uttarakhand, Andhra Pradesh, Telangana, Manipur, Jammu and Kashmir, Uttar Pradesh, Kerala, Maharashtra, Delhi, Chhattisgarh and Jharkhand.

On which other days banks are closed in September

17 September: Indrajatra/Eid-e-Milad– Banks closed in Sikkim and Chhattisgarh
September 20: Friday after Eid-e-Milad-un-Nabi – Banks closed in Jammu and Kashmir
21 September: Sree Narayana Guru Samadhi Day– Banks closed in Kerala
September 22: Sunday
23 September: Maharaja Hari Singh Ji Birthday – Banks closed in Jammu and Kashmir
25 September: Assembly elections– Banks closed in Jammu and Kashmir
September 28: Fourth Saturday of the month
September 29: Sunday

Two categories of holidays

Bank customers should remember that some bank holidays are under the ‘National Holiday’ category and some holidays/festivals are related to a particular state or region. Only the banks of a particular state or region remain closed on holidays related to a particular region. Therefore, bank customers should go to the bank only after checking the bank holiday list and finish their work on time.

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Bank Holidays Alert: Banks will remain closed in these places tomorrow on Eid-e-Milad, see list here

The Maharashtra government has postponed the Eid-e-Milad holiday in Mumbai. In view of Ganesh Visarjan on Anant Chaturdashi on 17 September, local leaders of the Muslim community had requested the state government regarding this.