Holidays in December 2021: The year 2021 is coming to an end as we are about to enter the month of December. With the month set to begin, it is important for all bank customers to know when banks will remain closed in December in order to plan their banking activities. According to the list of public holidays published by the Reserve Bank of India, banking business will remain affected for 7 days in December, excluding weekends (second and fourth Saturdays and Sundays). However, it can be noted that although banks will remain closed, online banking will continue to operate on public holidays as well.
Bank customers will not be able to withdraw and deposit money at bank branches due to the holidays, but they can use online banking, ATMs, mobile banking, etc. Bank account holders should also be aware that on specific days banks will close. only a few cities and not nationwide. If you have bank work to do or need to withdraw money in the coming week or need to go to the nearest branch, you can check the list of public holidays below:
1. December 3, 2021: Banks will remain closed in Panaji on the occasion of the feast of St. Francis Xavier.
2. December 18, 2021: Banks will remain closed in Shillong due to U SoSo Tham’s death anniversary.
3. December 24, 2021: Banks will remain closed in Aizawl and Shillong for the Christmas Festival (Christmas Eve).
4. December 25, 2021: Banks will remain closed across the country except in Bengaluru and Bhubaneswar on the occasion of Christmas.
5. December 27, 2021: Banks will remain closed in Aizawl for the celebration of Christmas.
6. December 30, 2021: Banks will remain closed in Shillong on the occasion of U Kiang Nangbah.
7. December 31, 2021: Banks will remain closed in Aizawl on New Year’s Eve.
In addition to the aforementioned public holidays, banks will also remain closed on December 11, 2021 due to the second Saturday. Banks will also remain closed on December 5, 12, 19 and 26 due to Sundays.
It can be noted that the list of public holidays is published by the Reserve Bank of India (RBI) and it grants holidays to banks under three categories. The three categories include holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act, and holidays for real-time gross settlement and closing of bank accounts.