As we have entered in the month of July today, the banks will follow certain recess, which will not be the same across the nation, except on Eid-ul-Fitr. Hence, it is recommendable to keep the required cash handy in case of emergency services.
As per Hindu calendar, July 1 also notifies the beginning of Chaturmas, or a period of four months. There will be a number of festivals celebrated during this time. If you are looking forward to celebrating these festivals, keep in mind about these bank holidays.
All the banks will follow certain holidays throughout the month; anyhow, they might vary in each state. The key bank holiday for the month of July 2020 is Eid-ul-Fitr, while some other major regional festivals are Haryali Teej and Martyrs’ Day.
Here is a total list of all the bank holidays in different states this month:
July 5 – Martyrs’ Day (Jammu and Kashmir)
6 – MHIP Day (Mizoram)
13 – Guru Hargobind Ji’s Birthday (Jammu and Kashmir)
July 13 – Bhanu Jayanti (Sikkim)
16 – Bonalu (Telangana)
U Tirot Sing Day (Meghalaya) – July 17
Haryali Teej (Punjab and Haryana)- July 23
July 27 – Kharchi Puja (Tripura)
July 31 – Eid-ul-Fitr/Baki-Id (All States)
Please note that while banks might remain shut on the above-mentioned dates, the ATMs will be active. However, a few ATMs might not disburse cash, which is why it is always advised to withdraw some cash in advance.