Bank Holiday Alert: Will PSBs, Private Lenders Remain Open on June 6 and 7 in Your City?

Introduction

Bank customers often face confusion about operational days, especially around unexpected holidays. With June 6 and 7, 2024, approaching, many are wondering if public sector banks (PSBs), private banks, and foreign banks will remain open or observe closures.

This blog clarifies bank holiday schedules for these dates, covering state-wise variations, RBI guidelines, and alternative banking options to help you plan your financial transactions smoothly.

Are Banks Closed on June 6 and 7, 2024?

1. RBI’s Official Holiday List

The Reserve Bank of India (RBI) categorizes bank holidays under three heads:

Holiday under Negotiable Instruments Act
Holiday under Negotiable Instruments Act and Real-Time Gross Settlement (RTGS)
Banks’ Closing of Accounts

June 6 and 7 do not feature in RBI’s nationwide holiday list. However, some states may observe local holidays, leading to bank closures.

2. State-Wise Bank Holiday Variations

While most banks will operate normally, a few states may have closures due to:

Regional festivals
State government notifications
Local events

Confirmed Bank Holidays (June 6 & 7, 2024)

Date	State	Reason for Holiday
June 6	Maharashtra (Mumbai)	Maharashtra Day (observed in some areas)
June 7	West Bengal (Kolkata)	Local administrative holiday

Note: Private banks (HDFC, ICICI, Axis) and foreign banks (Citi, HSBC) may follow different schedules.

Will ATMs, Digital Banking Services Be Available?

ATMs – Operational (cash withdrawals, deposits possible).
Net Banking & UPI – Fully functional (IMPS, NEFT, RTGS available).
Mobile Banking Apps – No disruptions expected.

Note: Some services like cheque clearance may delay if local banks are closed.

How to Check Bank Holiday List for Your City?

Visit RBI’s official website (https://www.rbi.org.in) → Holiday Calendar.
Check your bank’s website (e.g., SBI, PNB, HDFC).
Call customer care or visit your nearest branch.

What If Your Bank Is Closed? Alternative Options

Use UPI (PhonePe, Google Pay, Paytm) for instant transfers.
Deposit cheques via drop boxes if branches are shut.
Schedule transactions in advance for critical payments.

Conclusion: Plan Ahead to Avoid Hassles

Most banks will remain open on June 6 and 7, except in a few states. However, always verify with your local branch to avoid inconvenience.

Pro Tip: Opt for digital banking to bypass holiday-related disruptions entirely.

FAQs

Q1. Are private banks closed on June 6 & 7?
→ Most private banks (ICICI, HDFC, Axis) will operate normally unless state-specific holidays apply.

Q2. Will cheque deposits be processed on these dates?
→ If your branch is closed, processing may delay until the next working day.

Q3. Can I withdraw cash if banks are shut?
→ Yes, ATMs and digital wallets remain operational.

Sources

RBI Holiday List 2024 (RBI Website)
State Government Notifications

Author Profile

Sourashis Chanda

Author (Intern) at Bitlance Tech Hub Private Limited | [email protected]

Sourashis Chanda brings readers their unique perspective on Business, Economy, Health and Fitness. With a background in Health and Physical Fitness of 2years, I am dedicated to exploring [what they aim to achieve with their writing, on the sustainable Economy of the country, various pro tips about business, latest goverment news, with some tips in health are and Fitness.