Bank Holiday Alert: All Banks Closed on April 11, 2023
Bank holiday today, 11 April: Are SBI, HDFC Bank, PNB, others open or closed today on Saturday? Check RBI calendar
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On April 11, 2023, all banks across India, including State Bank of India (SBI), HDFC Bank, and Punjab National Bank (PNB), will be closed due to the second Saturday of the month. Customers can still access online banking services despite the closure.
- 01All banks in India are closed on April 11 due to the second Saturday holiday.
- 02The Reserve Bank of India (RBI) designates this holiday under the Negotiable Instruments Act.
- 03Online banking services remain operational during bank holidays.
- 04Upcoming bank holidays in April include Ambedkar Jayanti and various regional observances.
- 05Customers are advised to check with their local branches for specific holiday schedules.
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On April 11, 2023, all banks in India will be closed as it is the second Saturday of the month, a designated bank holiday under the Negotiable Instruments Act by the Reserve Bank of India (RBI). This closure affects all banking services at branches of major banks such as the State Bank of India (SBI), HDFC Bank, and Punjab National Bank (PNB). While physical banking services will be unavailable, customers can still utilize online banking for transactions like UPI transfers and loan applications. The RBI categorizes bank holidays into three categories: Negotiable Instruments Act holidays, Real-Time Gross Settlement (RTGS) holidays, and bank account closing days. Additionally, various regional holidays are observed throughout the month, including Ambedkar Jayanti on April 14, which will see closures in several cities. Customers are encouraged to verify holiday schedules with their local branches to ensure smooth banking experiences.
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The bank holiday may affect customers needing to conduct in-person transactions, requiring them to plan ahead.
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