scorecardresearch ₹2000 notes exchange: Banks to remain closed for 12 days in June; check

2000 notes exchange: Banks to remain closed for 12 days in June; check state-wise bank holiday list here

Updated: 29 May 2023, 01:41 PM IST
TL;DR.

In June 2023, private and public sector banks in India will remain closed for 12 days, including all Sunday and the second and fourth Saturdays.

Bank holidays in June 2023

Bank holidays in June 2023

As a large number of people are making a beeline for banks to exchange 2,000 notes, the rush at bank branches is understandably high across the country.

Although the Reserve Bank of India’s (RBI) governor Shaktikanta Das has assured that the currency can be exchanged without any hassles at any bank branch; what, however, is set to play a spoilsport is the long list of holidays in the forthcoming month.

The June of 2023 marks the beginning of a long series of upcoming bank holidays in India.

Private and public sector banks will remain closed to the public for 12 days in June 2023. It is important to note that regional holidays will vary state by state.

In India, there are two categories of bank holidays that are mainly divided into two categories i.e, government holidays and national holidays.

According to the Reserve Bank of India (RBI) holiday calendar,banks will be closed on the occasions of Y.M.A. Day/Raja Sankranti, Kang (Rathajatra)/Ratha Yatra, Kharchi Puja, Bakri Eid (Eid-Ul-Zuha) and Remna Ni/Id-Ul-Zuha.

Here is the detailed list of holidays in June 2023

DatesDaysHolidayRegion
June 15Thursday Y.M.A DayMizoram and Orissa
June 20Tuesday Kang (Rathajatra/Ratha Yatra)Odisha and Manipur
June 26MondayKharchi PujaTripura
June 28WednesdayBakri Eid (Eid-UI-Zuha)Maharashtra, Jammu, Kerala, and Srinagar
June 29ThursdayBakri Eid (Eid-UI-Adha)All except Maharashtra, Sikkim, Kerala, and Odisha
June 30FridayRemna Ni (ID-UI-Zuha)Mizoram and Odisha

Apart from these holidays, bank branches including public sector, private sector, cooperative banks, regional banks and foreign banks will also remain shuton Saturdays (second and fourth) and Sundays.

In case you are planning to exchange your Rs. 2000 notes, make sure to check the list of bank holidays in your state before heading to the branch.

During this time, you can access internet banking and ATMs, however, customers will not be able to withdraw or deposit cash from their banks.
 

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First Published: 29 May 2023, 01:16 PM IST