Bank customers are set to face inconvenience as banks will remain closed for five consecutive days starting tomorrow. This extended closure has been approved as per the RBI holiday framework, combining national holidays, regional festivals, and regular weekly offs.
Reason Behind the Long Bank Closure
The five-day shutdown is not due to a single announcement but a combination of public holidays and weekend closures. RBI’s holiday calendar already includes these dates, which together result in a long continuous break for banking operations.
Which Banking Services Will Be Affected
All physical bank branches will remain closed during this period. Services such as cash deposits, withdrawals, cheque clearance, passbook updates, and in-branch customer support will not be available until banks reopen.
Services That Will Continue Normally
Despite branch closures, digital banking services will remain fully operational. ATMs, UPI payments, mobile banking apps, internet banking, and card transactions can be used without interruption, ensuring customers can manage essential transactions.
Impact on Cheque Clearing and Transactions
Cheque-related transactions may be delayed due to the long holiday. Customers who have issued or are expecting cheque payments should be prepared for extended processing times once banks resume operations.
What Customers Should Do in Advance
Customers are advised to complete urgent banking work before the holiday period begins. Keeping sufficient cash, using digital payment options, and scheduling important transactions in advance can help avoid inconvenience.
Conclusion
The five-day continuous bank holiday approved under RBI guidelines highlights the importance of planning financial activities in advance. While branch services will be unavailable, digital banking ensures that most daily transactions can still be handled smoothly during the extended closure.