Mumbai: Account holders planning a visit to their local bank branches this week may need to adjust their schedules. Across numerous states and Union Territories, banking branches will halt physical operations for three consecutive days starting Friday, June 26, as reported by the Financial Express.
The extended closure is the result of a consecutive lineup involving a religious holiday followed immediately by standard weekend closures.
The Reason Behind the Three-Day Banking Pause
According to the official holiday guidelines mandated by the Reserve Bank of India (RBI), the consecutive three-day suspension of branch activities is driven by a combination of regional and calendar schedules:
- Friday, June 26: Branches will be closed to observe Muharram.
- Saturday, June 27: Doors remain closed due to the standard fourth Saturday holiday enforced for all scheduled and non-scheduled banks.
- Sunday, June 28: Regular weekly day off.
Impacted States and Union Territories
The Financial Express notes that the Friday holiday for Muharram applies to a specific list of 15 states and Union Territories. Consequently, the full three-day closure will affect customers living in the following regions:
- Maharashtra, New Delhi, and West Bengal
- Uttar Pradesh, Bihar, and Madhya Pradesh
- Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh
- Tripura, Mizoram, Assam, Jammu & Kashmir, and Chhattisgarh
In regions outside this list, normal banking operations will continue on Friday before closing for the weekend.
Services Paused vs. Digital Alternatives Available
While electronic banking options including mobile applications, net banking, and ATMs will remain fully operational for transfers and balance inquiries throughout the holiday block, specific tasks will require an in-person branch visit.
As highlighted by the Financial Express, customers should settle transactions beforehand if they require services such as personal verification for new accounts, updating official signatures on bank profiles, closing active savings or current accounts, submitting physical paperwork for fresh loan requests, or processing loan restructuring.
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