Bank holidays. In the majority of the country on Thursday, July 17, banks will be open in most states, however, there are some areas where banks will be closed. More specifically, banking services are suspended in Meghalaya today. This is owing to the fact that today marks the death anniversary of U Tirot Singh in Meghalaya. That is why this region has banking services suspended.What is the reason for the closure of banks in Meghalaya?The region as well as the state are celebrating the death anniversary of U Tirot Singh today. He is one of the important figures for the Khasi Hills Freedom movement not to mention that he was one of the earliest warriors against invasion by the British Empire during the 19th century. His resistance to British rule earned him the admiration and respect of what is now Meghalaya, and in acknowledgement of these contributions the state government celebrates this remembrance day. Thus, all the banks, whether government or private, do not operate on this day.What is the situation in other states? As for today, July 17, only the state of Meghalaya continues to observe holidays. Banks will be open everywhere else. However, there are holidays in many states for the rest of July, so complete any important banking tasks ahead of schedule. Other parts of the country remain unaffected, and banking operations will be as usual today, July 17. People can visit the branch and carry out their transactions and other activities. Other bank holidays in July July 19 (Saturday) - In Tripura, banks will remain closed due to Ker Puja holiday. This is a local puja worshiping devotions to the deity Ker. July 20 (Sunday) - Banks across the country will remain closed due to the weekly holiday.July 26 (Saturday) - This marks the fourth Saturday of the month. All banks will be closed on this day. July 27 (Sunday) - As is customary, banks remain closed all over the country due to the weekly rest day. July 28 (Monday) - On the observance of Drukpa Chhe-ji festival, Sikkim banks will remain closed.Digital platforms will still function. If you do not have any reason to visit the bank physically, there is no cause for concern. Applications for net banking, mobile banking, and UPI are working 24x7 even during holidays. You may make payments, check your balance, transfer funds, and much more. In case you need to deposit a cheque, withdraw or deposit cash, make a draft, it is preferable you do it before the holidays. This is specially true for those states where banks are going to close for two or more back to back days.
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