A fresh announcement has caught the attention of customers across the country as banks are scheduled to remain closed on Wednesday, December 3, following a special notification.
The RBI has declared this mid-week holiday under its official banking calendar, leading many people to wonder about the specific reason behind the closure. With banking work paused for an entire day, customers are being advised to complete urgent transactions before the holiday.
Why Banks Will Be Closed on December 3
According to the annual holiday schedule, December 3 falls under a category of region-specific or festival-based holidays depending on state norms. While some regions observe the day for a local festival or important cultural event, others follow a state-declared holiday recognised by the RBI’s banking guidelines. As a result, branches in selected states will remain closed on December 3, marking a mid-week pause in banking operations.
Impact on Customers Across the Country
Even though it is not a nationwide shutdown, customers in the affected regions may face delays in in-person banking services such as deposits, withdrawals, cheque clearance and documentation work.
Digital banking services, UPI, ATMs and online transactions will continue to operate normally. However, customers who rely on branch visits for essential tasks are encouraged to complete their work before the holiday.
Which States May Observe the Closure
The holiday on December 3 is applicable only in states where local festivals or government-declared observances coincide with the RBI’s official calendar. This means some states will see a complete shutdown of bank counters while others may continue regular operations. People are advised to check their state-wise holiday schedule to avoid inconvenience.
Why RBI Declares State-Wise Bank Holidays
Unlike national holidays, bank holidays vary from state to state based on local culture, festivals and administrative observances. RBI compiles these holidays under three categories Negotiable Instruments Act holidays, Real-Time Gross Settlement (RTGS) holidays and bank account closing days. December 3 falls under one of these recognised categories for specific regions, hence the scheduled closure.
What Customers Should Do Next
Since the holiday falls mid-week, customers planning high-value transactions, cheque clearances or branch visits should plan accordingly. It is advisable to use online services wherever possible and avoid waiting till the last minute. Most banks will resume normal operations the following day.