Bank Holidays June: Banks To Remain Closed For 12 Days, Check State-Wise List Here

In June 2023, banks in various states will observe a total of 12 days of holidays, which includes all Sundays as well as the second and fourth Saturdays. It's important to note that bank holidays may vary depending on the state. The RBI regulates most functions of banks and determines their schedules and holidays for the whole year. Bank holidays in India consist of mandatory holidays set by the banking sector and additional holidays for festivals and special occasions authorised by different states.

Both public sector banks and private sector banks do not work on Sundays and on the second and fourth Saturdays of each month, according to RBI guidelines.

During the month of June, banks will be closed on specific occasions celebrated in different regions. These include Y.M.A. Day/Raja Sankranti, Kang (Rathajatra)/Ratha Yatra, Kharchi Puja, Bakri Eid (Eid-Ul-Zuha), and Remna Ni/Id-Ul-Zuha.

The Reserve Bank of India (RBI) on May 19 announced the withdrawal of Rs 2000 denomination banknotes from circulation as part of its "Clean Note Policy." However, these notes will continue to be legal tender. From May 23, 2023 exchange of Rs 2000 banknotes for other denominations began. 

To avoid any inconvenience, if you plan to visit a bank for depositing or exchanging Rs 2000 notes, it is advisable to check the holiday list specific to your state before making your visit.

June 2023: Statewise Bank Holiday List

While banks will be closed during these 12 days, it's worth mentioning that Internet banking services will remain accessible throughout this period. Customers will be able to perform online transactions, check their account balances, and conduct other banking activities through the bank's online platforms.