July 2023 Bank Holidays: Plan Ahead with 15 Days of Bank Closures
Bank Holidays in July 2023
Bank holiday in July 2023: During the month of July 2023, banks will experience a notable closure period of up to fifteen days. The bank closures in July include the Second and Fourth Saturdays, as well as Sundays, according to the holiday calendar set by the Reserve Bank of India (RBI). Out of these days, eight are officially recognized as holidays under the Negotiable Instruments Act, while the remaining closures are observed as part of the regular weekend breaks. It's worth mentioning that banks will remain open on the first and third Saturdays of every month.
In July 2023, there will be state-specific bank holidays, and during national holidays, banks across the country will remain closed. The Reserve Bank of India (RBI) has categorized these holidays into three brackets: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks' Closing of Accounts.
Even though bank branches will be closed on these designated days, customers can still access and utilize mobile and internet banking services without any interruption. Online transactions and banking activities can be conducted seamlessly through these digital channels.
Here is a comprehensive list of bank holidays in July:
2 July: Sunday
5 July: Bank closure in Srinagar and Jammu for Guru Hargobind Ji's Birthday
6 July: Bank closure in Aizawl for MHIP Day
8 July: Second Saturday
9 July: Sunday
11 July: Bank closure in Agartala for Ker Puja
13 July: Bank closure in Gangtok for Bhanu Jayanti
16 July: Sunday
17 July: Bank closure in Shillong for U Tirot Sing Day
21 July: Bank closure in Gangtok for Drukpa Tshe-zi
22 July: Fourth Saturday
23 July: Sunday
28 July: Bank closure in Jammu and Srinagar for Ashoora
29 July: Bank closure in multiple cities including Agartala, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad - Andhra
Pradesh, Hyderabad - Telangana, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur, Ranchi, Shimla for Muharram (Tajiya)
30 July: Sunday
During these holidays, please note that bank branches will be closed, but online banking services will continue to be available.