If you're planning to visit your bank today, here's crucial information you need to know. Banks across several Indian states, including Bihar, are observing closures on Monday, November 6, due to multiple reasons that affect banking operations.
Why Are Banks Closed in Bihar Today?
The primary reason for bank closures in Bihar is the Phase 1 voting for assembly elections. Under the Negotiable Instruments Act, banks remain closed on election days in constituencies where voting is underway to ensure smooth electoral processes and security arrangements.
Complete State-wise Bank Holiday Status for November 6
States with Complete Bank Closure:
- Bihar - Closed for Phase 1 voting across multiple constituencies
- Mizoram - Observing Kut Festival holiday
- Tripura - Kali Puja celebrations
- West Bengal - Kali Puja festivities
States with Normal Banking Operations:
Most other Indian states, including Delhi, Maharashtra, Karnataka, Tamil Nadu, and Uttar Pradesh, will have normal banking operations today. However, it's always advisable to check with your local branch for any unexpected closures.
What Banking Services Remain Available?
While physical branches are closed in the affected states, customers can still access several banking services:
- Online banking and mobile banking applications
- ATM services across all locations
- UPI payments and digital transactions
- Net banking for fund transfers and bill payments
Important Reminders for Bank Customers
Plan your financial activities accordingly if you reside in Bihar, Mizoram, Tripura, or West Bengal. Critical transactions requiring physical branch visits should be scheduled for the next working day.
The Reserve Bank of India (RBI) has categorized these holidays under the "Holidays under Negotiable Instruments Act" and "Holidays under Negotiable Instruments Act and Real Time Gross Settlement Holiday", ensuring uniform implementation across all banking institutions.
Banking services are expected to resume normally tomorrow in all affected states, barring any unexpected developments or additional local holidays.
