In India, most banks remain closed on April 1, as financial institutions take a day off to finalise their accounts for the new financial year 2024-25 (FY25). This annual practice allows banks to reconcile their books, complete pending transactions, and prepare financial statements for the transition to the next fiscal year. As a result of the bank being shut on April 1, 2025, customers may experience disruptions in banking services, particularly for in-branch transactions. Reports inform that while the majority of states in India will see the banks shut on April 1, banks in some states슬롯 머신 사이트 추천will remain open.슬롯 머신 사이트 추천Bank Holidays in April 2025: Banks To Remain Closed for 10 Days This Month, Check Complete List of Bank Holiday Dates.

According to RBI슬롯사이트s holiday calendar, banks in all states and union territories except Mizoram, Chhattisgarh, Himachal Pradesh, and Meghalaya will remain closed on April 1. Hence, customers are advised to check with their local branches to avoid any inconvenience during their visits. This closure of banks on April 1 is a standard procedure followed every year, ensuring a smooth transition into the new fiscal period.슬롯 머신 사이트 추천Dry Days in April 2025 in India With Festival and Event Dates.슬롯 머신 사이트 추천

Here's Why Banks in India Remain Closed on April 1

The first day of April is designated as an annual closing day for banks, meaning that no public transactions are processed during this time. The financial year, FY24, concluded on March 31, marking the end of the accounting cycle for banks and other financial entities. While digital banking services, such as net banking, mobile banking, and ATMs, are expected to function as usual, in-person banking operations will be unavailable on April 1.

Businesses and individuals relying on bank-related activities should make sure that they plan their transactions accordingly to avoid inconvenience, as banks will remain shut in most states across India on April 1. Regular banking operations will resume on April 2, allowing customers to carry out their financial activities without any interruptions.

(The above story first appeared on LatestLY on Apr 01, 2025 11:44 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).