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Bank holidays December 2022 updates: Bank branches to be closed for up to 14 days in December; check City-wise list
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.
New Delhi:As per the Reserve Bank of India (RBI) Holiday list for the month of December 2022, banking operations will remain closed for certain days, although online banking activities will continue to work. Hence, if you want to visit your bank branch for any bank related important work next month, you must note down the number of days when branches will be closed in several cities of the country in the month of December 2022.
While some bank holidays will be observed nation-wide, some others will be local holidays. Several bank branches will remain closed in various states owing to these festivities. Before visiting your bank branch in the month of December, you must note down the list of important days during which banks will remain closed. (Also read: No unlimited transactions on Google Pay, PhonePe, Paytm soon? All you want to know)
Banks will remain closed for total 14 days in the month of December – 8 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends. However, you must note that the banks will NOT be closed for 14 days in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays. (Also read: Elon Musk pauses relaunch of $8 Twitter Blue service yet again)
For example bank branches might be closed for Pa-Togan Nengminja Sangma in Shillong but not closed for the same in Goa, Bihar or other states.
Here is an elaborate list of bank holidays falling in the month of December 2022. Check out the list.
Feast of St. Francis Xavier: December 3
Pa-Togan Nengminja Sangma: December 12
Goa Liberation Day: December 19
Christmas Festival: December 24
Christmas Celebration/Losoong/Namsoong: December 26
Guru Gobind Singh Ji Birthday: December 29
U Kiang Nangbah: December 30
New Year’s Eve: December 31
Apart from the above bank holidays, the second and fourth Saturdays, Sundays of the month are falling on the following dates:
Second Saturday: December 10
Sunday: December 4
Sunday: December 11
Sunday: December 18
Fourth Saturday: December 24
Sunday: December 25
Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.