Bank holidays in July 2023: Branches of most commercial banks, both public and private, will remain closed for an additional eight days in July on account of essential days. Hence, banks will remain closed for a total of 14 days this month, inclusive of the second and fourth Saturdays and all Sundays, as per the Reserve Bank of India (RBI) holiday calendar.

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RBI classifies bank holidays into three categories: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act, real-time gross settlement holidays, and Banks’ Closing of Accounts.

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Following are the holidays that are listed under the Holidays Under Negotiable Instruments Act.

Guru Hargobind Ji's Birthday: July 5
MHIP Day: July 6
Ker Puja: July 11
Bhanu Jayanti: July 13
U Tirot Sing Day: July 17
Drukpa Tshe-zi: July 21
Ashoora: July 28
Muharram (Tajiya): July 29

Bank holidays in July 2023 (complete list)

Guru Hargobind Ji's Birthday 5
MHIP Day 6
Ker Puja 11
Bhanu Jayanti 13
U Tirot Sing Day 17
Drukpa Tshe-zi 21
Ashoora 28
Muharram (Tajiya) 29

Source: RBI

However, it is to be noted that the RBI has clearly indicated that the holidays will not be uniformly applied across the country and will differ in all states and regions. Hence, one must visit a bank branch for any important bank-related work, keeping in mind the number of days when branches will be closed in several cities of the country in July 2023.

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