Is Your Bank Open on December 18th? Check Here

Do you have any significant banking work scheduled in the next few days? Make sure you know which day are the bank holidays. To assist you, the RBI has published a list of bank holidays for the entire year 2024; several states will observe closure on December 18th and December 19th.

Why are Banks Closed on December 18th?

On 18th December, all the banks in Meghalaya will be closed as a mark of death anniversary of U Soso Tham. Born in the year 1873 at Sohra (Cherrapunji), Tham was one of the most celebrated poets, for he introduced secular literature using new words and incorporated the Khasi idioms in his poems as per the English style. This is a public holiday in Meghalaya; however, the banks of other states will function as usual.

What’s Going on in Goa on December 19th?

On December 19th, banks in Panaji, Goa, will remain shut as it is Goa Liberation Day. This is a landmark day as Goa was freed from the Portuguese in 1961. The RBI issues an entire calendar of bank holidays all over the country and the public gets to know very clearly when the banks would remain closed throughout the year.

Why is Bank Closed on December 18th and 19th?

The reasons for bank closures differ from state to state. December 18th: On this day, the banks in Meghalaya will be closed on account of the death anniversary of U Soso Tham, a celebrated poet and literary figure. This is a public holiday in Meghalaya, so all government offices will also be closed.

December 19th

Banks in Panaji, Goa’s capital city, will be closed on Goa Liberation Day. The day marks the anniversary of Goa’s liberation from Portugal’s colonial rule in 1961.

Role of RBI in declaring Bank Holidays

The Reserve Bank of India issues the annual holiday calendar for banks in India. This holiday calendar includes national holidays, state-specific holidays, and regular bank holidays such as the second and fourth Saturdays of every month.

Tips for Planning Your Banking

Check the RBI Holiday Calendar: Check the RBI official calendar to know the exact dates of bank holidays in your state.
Plan ahead: If you have crucial banking work, you may try to do them either before or after the holidays. Make use of Online Banking: Online banking is very handy when it comes to saving time, especially when holiday times are near.
Reach Your Bank: If you urgently require banking services, get hold of your bank to enquire about their holiday timing and alternative arrangements.\ By keeping abreast of bank holidays and making appropriate plans, you will be able to conduct banking operations smoothly and avoid the last-minute hassle.

Planning Banking Activities

To avoid inconvenience, it is always wise to plan your banking activities accordingly. Keep an eye on the RBI’s official website or consult your bank directly for the most accurate and up-to-date information regarding bank holidays.

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