Bank Holidays in December 2021: Here is the full list of holidays for the month of December 2021, as per the RBI mandate.
2021 Bank Holidays in December: Banks in India will stay shut for 12 days in the period of December including second Saturdays and Sundays. However, all banks won’t stay shut for 12 days this month. Some of the leaves are region-specific.
There is one day on which banks the nation over will be closed, and that is Christmas on December 25 (Saturday). There are a couple of state-explicit holidays too. Added to this, banks the nation over will be closed on second and fourth Saturdays and on Sundays in December.
On this note, we should investigate the rundown of occasions when banks will be closed during the month of December so that you can make a schedule accordingly.
Here is the full list of holidays for the month of December 2021, as per RBI mandate: (Counting from December 1 onwards)
List of Leaves as per the Holiday Under Negotiable Instruments Act
December 3: Feast of St. Francis Xavier — Goa
December 18: Death Anniversary of U SoSo Tham — Shillong
December 24: Christmas Festival (Christmas Eve) — Aizawl, Shillong
December 25: Christmas — Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram
December 27: Christmas Celebration — Aizawl
December 30: U Kiang Nangbah — Shillong
December 31: New Year’s Eve — Aizawl
Aside from the differing state-wise holidays. The banks will stay closed on a portion of the days of the weekends. It should be noted in such a manner that end-of-the-week leaves are uniform in nature across India. These are mentioned beneath:
December 5: Sunday
December 11: Second Saturday of the month
December 12: Sunday
December 19: Sunday
December 25: Fourth Saturday of the month and Christmas
December 26: Sunday
Worth mentioning here is that despite the above-mentioned holidays, customers are probably not going to be affected as the majority of the banking services except for cash deposit, check deposit, demand draft can be availed using online banking services. Online fund transfers using IMPS and RTGC will also work on the 30 days of the month.
Reserve Bank of India (RBI) classifies bank holidays under three classifications — Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.