Ahead of the second phase of the Lok Sabha elections 2024, a few cities’ banks will be closed, as per the Reserve Bank of India’s (RBI) 2024 vacation schedule. On election day, several states have already announced paid holidays or public holidays for their citizens.
Bank holidays in India are divided into three groups by the Reserve Bank of India: holidays under the Negotiable Instruments Act, holidays observed in real-time gross settlement, and holidays associated with closing bank accounts.
The banks in the aforementioned cities will stay closed, although customers can still access online banking services. For rapid transactions, people can use ATMs, smartphone applications, or the banks’ websites to manage their banking needs.
The following list of cities shows which ones will have their banks closed on April 26, 2024, the day of the general elections.
In 2024, the Reserve Bank of India (RBI) holiday schedule for Bangalore, Kochi, Thiruvananthapuram, and Jammu will have bank closures in Phase 2 of the general elections in 2024.
The results of the 2024 Lok Sabha Election are expected to be made public on June 4, 2024. The first phase of the election started on April 19. The next election cycles are set for June 1, 2024, May 7, May 13, May 20, and May 25. The RBI may announce bank holidays in accordance with each state’s and city’s election day.
According to the High Court Notification of Karnataka, “The Government of Karnataka vide Notification No. DPAR 09 HHL 2024 dated 30.03.2024 has notified that the General Elections – Lok Sabha – 2024, are scheduled to be held on Friday, the 26th April 2024 and Tuesday, the 07th May 2024 and declared General Holiday to the respective electoral Constituencies for the convenience of voters of all the State Government Offices, Schools and Colleges (including Aided Educational Institutions) and Organizations owned by the Government to cast their vote, who come under the jurisdiction of respective electoral Constituencies”
The second phase will cover 89 constituencies of 13 states and UTs. Here is the full list:
Assam: Karimganj, Silchar, Mangaldoi, Nawgong, Kaliabor
Bihar: Kishanganj, Katihar, Purnia, Bhagalpu
Chhattisgarh: Rajnandgaon, Mahasamund, Kanker
Jammu and Kashmir: Jammu
Karnataka: Udupi Chikamagalur, Hassan, Dakshina Kannada, Chitradurga,
Tumkur, Mandya, Mysore, Chamarajanagar, Bangalore Rural, Bangalore North,
Bangalore Central, Bangalore South, Chikballapur, Kolar
Kerala: Kasaragod, Kannur, Vatakara, Wayanad, Kozhikode, Malappuram,
Ponnani, Palakkad, Alathur, Thrissur, Chalakudy, Ernakulam, Idukki, Kottayam,
Alappuzha, Mavelikkara, Pathanamthitta, Kollam, Attingal,
Thiruvananthapuram
Manipur: Outer Manipur
Madhya Pradesh: Tikamgarh, Damoh, Khajuraho, Satna, Rewa, Hoshangabad, Betul
Maharashtra: Buldhana, Akola, Amravati, Wardha, Yavatmal Washim, Hingoli,
Nanded, Parbhani
Rajasthan: Tonk-Sawai Madhopur, Ajmer, Pali, Jodhpur, Barmer, Jalore,
Udaipur, Banswara, Chittorgarh, Rajsamand, Bhilwara, Kota, Jhalawar-Baran
Tripura: Tripura East
Uttar Pradesh: Amroha, Meerut, Baghpat, Ghaziabad, Gautam Buddha Nagar,
Bulandshahr, Aligarh, Mathura
West Bengal: Darjeeling, Raiganj, Balurghat