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Will there be a holiday in banks on Bakra Eid (Eid al-Adha)? Find out

In India, Eid-ul-Adha will be observed on June 17 while in the UAE and other Arab countries, Bakrid will be celebrated on June 16

Reported by:  PTC News Desk  Edited by:  Jasleen Kaur -- June 14th 2024 05:23 PM
Will there be a holiday in banks on Bakra Eid (Eid al-Adha)? Find out

Will there be a holiday in banks on Bakra Eid (Eid al-Adha)? Find out

PTC Web Desk: As per the Reserve Bank of India's 2024 holiday calendar, most commercial banks, both public and private, will remain closed on Monday, June 17, in observance of Bakra Eid (Eid al-Adha). To ensure smooth banking transactions, it's advisable to complete any urgent tasks by June 14. All services such as cash deposits, withdrawals, and cheque clearances will be affected.



Here's a rundown of bank holidays for June

Saturday, June 15: Most banks will be operational, except in Aizawl and Bhubaneswar, where closures may occur due to local holidays.

Sunday, June 16: Regular weekly closure for all banks.

Monday, June 17: Nationwide closure for Eid ul-Adha celebrations.

Tuesday, June 18: Additional Eid ul-Adha holiday for banks in Jammu and Srinagar only.

While this schedule is typical, specific regions may have variations, so it's prudent to verify with your local bank branch. Plan your banking activities accordingly to ensure a hassle-free experience during the holiday period.

Eid ul-Adha, also known as Bakra Eid, Bakrid, Eid al-Adha, Eid Qurban, or Qurban Bayarami, commemorates Prophet Ibrahim's unwavering devotion to Allah. Celebrated in Zul Hijjah, the 12th month of the Islamic lunar calendar, it holds great significance for Muslims worldwide. The festival is marked by gatherings, prayers, and the sacrificial offering of animals as a symbol of devotion and obedience to Allah's command.

In India, Eid-ul-Adha will be observed on June 17 while in the UAE and other Arab countries, Bakrid will be celebrated on June 16, following the sighting of the Dhul Hijjah moon in various parts of the world.

- With inputs from agencies

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