At the start of each year, the central bank compiles a monthly schedule of bank holidays, according to which banks in specified regions stay closed. This year, there are up to 14 bank holidays in July. It should be noted that many bank holidays are regional and may vary from state to state and from bank to bank.
As previously stated, there are 14 bank holidays in July.
Banks in India, however, will not close for 14 days because eight of these are region-specific. On July 1, for example, there is a bank holiday in Odisha, but banks in the rest of the country will be open.
This list contains leaves classified as 'Holiday under the Negotiable Instruments Act,' 'Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and 'Banks' Closing of Accounts.' According to the list, different branches are closed at different times, depending on the festival or event in the region.
Meanwhile, in July, there are seven-weekend leaves. There will be 15 bank holidays in July if we include both regional holidays and weekend offs.
List of Leaves as per the Holiday under Negotiable Instruments Act:
July 1: Kang (Rathajatra)/ Ratha Yatra — Bhubaneshawar
July 7: Kharchi Puja — Agartala
July 9: ld-Ul-Ad’ha (Bakrid) — Kochi, Thiruvananthapuram; Banks will also be shut across the country as this is the second Saturday of the month
July 11: Eid-ul-Azha — Srinagar, Jammu
July 13: Bhanu Jayanti — Gangtok
July 14: Beh Dienkhlam — Shillong
July 16: Harela — Dehradun
July 26: Ker Puja — Agartala.
List of Weekend Leaves
July 3: First Sunday
July 9: Second Saturday + Bakrid
July 10: Second Sunday
July 17: Third Sunday
July 23: Fourth Saturday
July 24: Fourth Sunday
July 31: Fifth Sunday.
