Bank Holidays In June 2023: Banks To Remain Closed For 12 Days, Check State-Wise List Here

Banks will remain closed for a total of 12 days in June 2023, as per the Reserve Bank of India (RBI) holiday calendar. It is important to note that bank holidays may vary depending on the state. The RBI regulates most functions of banks and determines their schedules and holidays for the whole year. Bank holidays in India consist of mandatory holidays set by the banking sector and additional holidays for festivals and special occasions authorised by different states.

Both public sector banks and private sector banks do not work on Sundays and on the second and fourth Saturdays of each month, according to RBI guidelines.

June 2023: State-wise Bank Holiday List

1. June 4: Sunday
2. June 10: Second Saturday
3. June 11: Sunday
4. June 15 Y.M.A. Day/Raja Sankranti - Mizoram and Odisha
5. June 18: Sunday
6. June 20 Kang (Rath Yatra) - Odisha and Manipur
7. June 24: Fourth Saturday
8. June 25: Sunday
9. June 26 Kharchi Puja - Tripura
10. June 28 Bakri Eid (Eid-Ul-Zuha) - Maharashtra, Jammu, Kerala, and Srinagar
11. June 29 Bakri Eid (Eid-Ul-Adha) - All except Maharashtra, Sikkim, Kerala, and Odisha
12. June 30 Remna Ni (Id-Ul-Zuha) - Mizoram and Odisha

It is to be noted that last week the RBI announced the withdrawal of its highest-value currency note, Rs 2,000, from circulation. However, these notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30.

From May 23, 2023 exchange of Rs 2000 banknotes for other denominations began. To avoid any inconvenience, if you plan to visit a bank for depositing or exchanging Rs 2000 notes, it is advisable to check the holiday list specific to your state before making your visit.