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Eid Bank Holiday 2024: Which Cities Have Closed Banks Today and Where Are They Open?

2957266 Bank HolidaysEid Ul-Adha Holiday: Today, on June 17, government and private banks are closed in many states on the occasion of Eid-ul-Adha. According to the Reserve Bank’s holiday list, banks are closed in all states except Mizoram, Sikkim and Arunachal Pradesh. Banks in Jammu and Kashmir will also remain closed on June 18. In this way, banks will remain closed for three consecutive days in Jammu and Kashmir because June 16 is Sunday and on June 17 and 18, banks are closed due to Bakrid.

Online banking facility will be available

Net banking facility will be available during bank holidays. This means that you can do your work through phone or computer even on bank holidays. You can use online banking, mobile app and ATM even on holidays. But the thing to note is that if you need help from a bank employee today, you will not get it on the holiday. For this, you will have to go to the bank after looking at the list of bank holidays.

Holidays vary according to states
The Reserve Bank of India (RBI) regulates bank holidays across the country. But some holidays may vary according to the state. Under the Reserve Bank Act, Real Time Gross Settlement (RTGS) holidays and bank account closing days are declared as holidays. Generally, banks are closed on Sundays and the second and fourth Saturdays of the month. Whereas, the first, third and fifth Saturdays of every month are working days for banks.

The session from 9 am to 5 pm will remain closed
. The stock market is also closed on the occasion of Eid-ul-Azha. Both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed today. There will be no trading related to equities, derivatives, currencies and interest rates today. However, trading of derivatives related to commodities will remain open from 5 pm to 11:55 pm today. But the session from 9 am to 5 pm will remain closed. Now trading will start on the morning of 18 June.