After all, why are banks closed on April 1, neither Sunday nor holiday, still work does not happen

After all, why are banks closed on April 1, neither Sunday nor holiday, still work does not happen

The month of March is about to end and with that the financial year is also closing. In such a situation, the bank is engaged in completing all its work for this year. Meanwhile, news is coming that this time on March 31 i.e. Friday, all the banks will remain open for 24 hours. However, on this day the entry of customers will remain closed in the bank. But, the very next day is a bank holiday. There is a special reason behind this which hardly people know.

There is neither a Sunday nor any government holiday on April 1, then banks will remain closed on this day. Actually, there is such a reason behind the closure of banks that today we will tell you why banks remain closed on the next day of March 31 i.e. April 1. Let’s know…

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Banks have a holiday on 1st April

Let us tell you, due to the end of the financial year on March 31 and the full day’s work in the banks, on the next day i.e. April 1, there is no-entry 1 for common customers. However, you can use online banking and internet banking on this day.

Banks will remain open on Sundays as well

The Reserve Bank of India (RBI) has issued an order to all the banks to open all the banks till 31st March. This means that banks will work as usual on Sundays as well. The financial year 2022-23 is ending on March 31, in such a situation, all the transactions related to the government have to be completed by this date.

Banks will remain closed for 15 days in April

Including April 1, out of 30 days, the bank will remain in the bank for a total of 15 days. This includes Saturdays, Sundays and other holidays of the month. People will not be able to get their work done in banks on the day of bank closure. However, they will be able to continue transacting through internet banking.