Your bank will be closed on what days in September, check the list of holidays issued by RBI

RBI has released the list of banks holidays in September 2020. Banks are having a lot of holidays in September. Know on which dates in September the banks will remain closed.




new Delhi. The month of September (September 2020) is going to start two days later. There are many festivals in this month, due to which many government offices along with the bank are also closed. Let us tell you that there will be 12 days of Bank Holiday in September. In such a situation, if we have to deal with any banking work in the bank branch, then we must know that the bank is not discharged on that day. According to RBI guidelines, banks operating in the country are closed on the second and fourth Saturdays of the month except Sundays, with some additional holidays in September and some regional festivals. Banks will have holidays in some states of the country on these festivals.




RBI has released the list of banks holidays in September 2020. Banks are having a lot of holidays in September. Let us know on which dates the banks are going to remain closed in September.

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September 01 – Banks will remain closed due to Onam in Sikkim.
02 September – Sri Narayana Guru Jayanti will be celebrated. Banks will have a holiday in Gangtok, Kochi and Thiruvananthapuram on this day.
06 September – Due to being Sunday, banks will be closed in all states.
September 12 – Due to being the second Saturday of the month, banks will have a holiday on this day.
September 13 – Sunday will be a holiday for banks in all states.
September 17 – Banks will leave for Agartala, Kolkata and Bengaluru due to Mahalaya Amavasya.
September 20 – Due to being a Sunday, banks will have a holiday throughout the country.
21 September – Sri Narayana Guru Samadhi Day. Banks will have a holiday on this day in Kochi and Thiruvananthapuram.




September 23 – Haryana Heroes will have a holiday in banks on the occasion of Martyrdom Day.
26 September – Due to being the fourth Saturday of the month, there will be a holiday in the banks of the country.
September 27 – Sunday will be a holiday for banks in all states.
September 28 – Due to Sardar Bhagat Singh Jayanti, there will be a holiday in many banks in Punjab.

Know the new OTP based cache withdrawal service of SBI
State Bank of India (SBI) has made a big change in the cash withdrawal rules from ATMs. Customers of the country’s largest bank will now have to keep a mobile with the number associated with the account at the time of cash withdrawal from the ATM at night. The bank has decided to implement OTP based system for cash withdrawal of more than Rs 10,000 from ATM from 8 am to 8 am. The bank has said that this system will not be applicable if SBI customers withdraw cash from other bank ATMs. That is, the withdrawal from the ATM of another bank will be completed without the OTP as before.




How the new system will work – SBI customers will have to keep their mobile with them at the time of withdrawal from the ATM. A one-time password (OTP) will be sent by the bank to the mobile number associated with the account during the transaction. This OTP number will also have to be entered in the ATM along with the password.

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