Alert!! Banks Will Remain Closed in December for More Than 15 Days, Read Details here..

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Unraveling the December Bank Holiday Maze

Banks Will Remain Closed in December: As we usher in the final month of the year, December 2023, it’s essential for bank customers to be aware of the extensive closures awaiting them. This month, banks are set to remain closed for more than 20 days, encompassing a blend of strikes and holidays. Let’s break down the crucial details, ensuring you stay informed and plan your financial activities accordingly.

A Nationwide Six-Day Bank Strike

The All India Bank Employees Association (AIBEA) has declared a six-day nationwide strike in December. The catch? Different banks will be affected on different dates. For instance, on December 4, 2023, brace yourself for closures in Punjab National Bank (PNB), Punjab and Sindh Bank, and State Bank of India (SBI). This pattern continues throughout the month, with various banks experiencing disruptions on specific days. Banks will remain closed in December due to strikes, details are as below;

Bank Strike Schedule

• December 5, 2023: Bank of Baroda, Bank of India
• December 6, 2023: Canara Bank, Central Bank of India
• December 7, 2023: Indian Bank, UCO Bank
• December 8, 2023: Union Bank of India, Bank of Maharashtra
• December 11, 2023: All private banks

We have already discussed in detail about Nationwide Bank Strike in December 2023 in our previous article, Nationwide Bank Strike in December: Banks Will Remain Close on These Days.Read Here..

Reserve Bank’s Holiday List: Beyond the Strikes

Apart from the strikes, Banks will remain closed in December due to holidays. The Reserve Bank has outlined additional holidays throughout December. Here’s a comprehensive list:

• December 1, 2023: Bank holiday in Arunachal Pradesh and Nagaland (State Foundation Day).
• December 4, 2023: Banks closed in Goa (St. Francis Xavier Festival).
• December 9, 2023: Second Saturday of the month (bank holiday).
• December 12, 2023: Bank holiday in Meghalaya (Pa-Togan Nengminja Sangma).
• December 13, 2023: Banks closed in Sikkim (Losung/Namsung).
• December 14, 2023: Another bank holiday in Sikkim (Losung/Namsung).
• December 18, 2023: Bank holiday in Meghalaya (Death anniversary of U Soso Tham).
• December 19, 2023: Bank holiday in Goa (Liberation Day).
• December 23, 2023: Fourth Saturday of the month.
• December 25, 2023: Christmas – Nationwide bank holiday.
• December 26, 2023: Banks closed in Mizoram, Nagaland, and Meghalaya (Christmas celebrations).
• December 27, 2023: Bank holiday in Nagaland (Christmas).
• December 30, 2023: Banks will not open in Meghalaya (U Kiang Nangbah).
• December 31, 2023: The month concludes with a Sunday.

Planning Ahead: Ensuring Financial Preparedness

Given the extensive closures due to both strikes and holidays, it’s prudent for bank customers to plan their financial transactions accordingly. Consider scheduling essential banking activities on days unaffected by the strikes or holidays to avoid any inconvenience.

Conclusion: Banks Will Remain Closed in December

As December unfolds, stay informed about the closures impacting your preferred banks. Whether it’s the nationwide strikes or the scheduled holidays, knowing when your bank will be closed ensures a smooth and hassle-free transition into the new year. Keep this guide handy to navigate the intricate web of bank closures in December 2023.

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