Banks are closed on Which Saturday in India

This is one of the most confusing thing in India, as there are a lot of people, who don't know about the bank today system, especially on Saturdays. It is one of the most common questions that people usually have in mind, Banks are closed on Which Saturday? 

So in this post, we will share all the details about the bank holidays every week on which Saturday. Here we are sharing the detailed info about the Saturday banking hours in India.

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The 2nd and 4th Saturday closing system

Indian banks follow a schedule established by the Reserve Bank of India (RBI). This system alternates two working Saturdays with two closed Saturdays each month.  First and third Saturdays are business days, while the second and fourth Saturdays are for rest and relaxation.

Why do banks have the closing on 2nd and 4th Saturday?

This system was introduced to bring consistency to banking hours and improve work-life balance for bank employees. Previously, all Saturdays were half-days, leading to confusion for customers and inconsistent service.

Planning Your Banking Activities

Knowing your bank's Saturday schedule is crucial to avoid wasted trips. Here's what you need to consider:

Branch Visits: Need to open an account, apply for a loan, or conduct other in-person transactions? Schedule your visit for the first, third Saturday, or any weekday.

Cheque Clearance: Cheques deposited on the second or fourth Friday may take longer to clear due to the weekend closure.

Digital Banking: While branches are closed, most digital services like online transfers, mobile banking, and ATM withdrawals remain available. However, issues requiring branch intervention will have to wait.

Customer Service: Phone and online customer service might also be limited, as call centers often follow the same holiday schedule.

Staying Informed

Here are some ways to stay updated on your bank's holiday schedule:

Bank Websites: Most banks list their holiday schedules online. Check there regularly for any changes.

Mobile Apps: Many banks offer notifications and holiday updates through their mobile apps.

In-Branch Notices: Banks often display holiday information on branch notice boards.

Possible Saturday Holiday Exceptions 

There may be some exceptions in the second and fourth Saturday closures on bank to bank, so getting connected with your respective bank in case of emergency can be a better idea. We suggest you to always double-check about the Saturday closure through the branch or bank officials.

Here we shared all the details about the banking holidays on Saturdays, if you have more questions let us know.