Bank Holidays November 2023: Banks to Remain Closed in November

According to the official Reserve Bank of India (RBI) holiday schedule for November, banks will be closed on specific days in a number of places around the country in observance of several national holidays and festivals.

While bank offices will be closed, online banking services will remain open and functional, allowing you to conduct transactions, monitor balances, and do other necessary financial duties from the comfort of your home or while on the go.

According to the Reserve Bank of India’s (RBI) holiday calendar schedule, banks will be closed for a few days in November, with the remaining days being weekends and state-proclaimed holidays.

You should be aware, too, that not all states or areas will have their banks closed. This is the total number of days when state-observed holidays will cause nationwide banks to stay closed. For instance, bank branches in Shillong may close for the Wangala Festival, while those in Assam, Tripura, Goa, Bihar, and other states might not.

Complete List Of Bank Holidays November 2023

The Reserve Bank of India categorizes its holidays into three groups: Bank Closing of Accounts; Holidays under the Negotiable Instruments Act; and Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holidays.

It is important to remember that different states have different bank holidays, and not all banks follow them. Financial holidays are also contingent upon the festivals observed in particular states or the announcement of particular events.

Holidays of the mentioned days will be observed in various regions according to the state-declared holidays, however for the gazetted holidays, banks will be closed all over the country.