Andaman & Nicobar – List of Bank Branch Holidays under Negotiable Instruments Act 1881

-

 Andaman & Nicobar – List of Bank Branch Holidays under Negotiable Instruments Act 1881

 

Q: Union Territory

Ans: Andaman & Nicobar

Q: Types of Holidays

Ans: Physical Bank Branches located in the Union Territory of Andaman & Nicobar are closed on the respective days

Bank customers cannot walk into bank branches for their banking activities.

Bank customers can carry out select banking activities through non – physical bank channels.

Bank Lockers located inside the bank branch premises can be operated only when the respective bank branch is open.

 


Q: Banking Services open even when physical bank branches are closed  

Ans: No UPI, RTGS, IMPS, NEFT, NACH

Q: Banking channels to transact even when physical bank branches are closed

Ans: ATM, Mobile Banking, Net Banking, SMS Banking, Phone Banking, USSD Banking, PoS, WHATSAPP Banking,

Q: Reference Document for Andaman & Nicobar

Ans: No.72/2021/F, No.15-1/2018/GA dated 24/27.08.2021of ANDAMAN AND NICOBAR ADMINISTRATION SECRETARIATE

Q: Number of Bank Branches Holidays for 2nd Saturdays in the Union Territory of Andaman & Nicobar

Ans: 12

Q: Number of Bank Branches Holidays for 4th Saturdays in the Union Territory of Andaman & Nicobar

Ans: 12

Q: Number of Bank Branches Holidays for Sundays in the Union Territory of Andaman & Nicobar

Ans: 52

Q: Number of Days in 2022

Ans: 365

Q: Number of working days for physical bank branches in the Union Territory of Andaman & Nicobar

Ans: 277

Q: Number of Holidays for physical bank branches in the Union Territory of Andaman & Nicobar

Ans: 76 – Sundays / 2nd Saturdays / 4th Saturdays

Others - 12

Q: Number of occasions when bank branches in Union Territory of Andaman & Nicobar are closed continuously more than 2 days

Ans: 3




Disclaimer: Few Bank Branches may have their weekly off on weekdays i.e other than Sundays.

Such details will be available at the respective bank branches only.   

These are my personal views only. Depending on the local situation, a couple of holidays may change.

The bottom line is Safe ePayments. Nothing More – Nothing Less

 

Comments

Post a Comment

Popular posts from this blog

CERTIFICATE EXAMINATION IN INTERNATIONAL TRADE FINANCE

-
Image
          This certification is essential for all members of a Bank Trade Finance Department.   The syllabus covers key aspects required by team members to effectively discharge their duties. Trade Finance is one of the traditional forms of bank finance in India. In view of reforms and liberalisation, this has gained a new significance.   Many of the practices in trade finance have evolved over a period of time and some are guided by Ministry of Commerce and Reserve Bank of India, besides WTO and International Chamber of Commerce through UCPDC 600. With the increase in the volume of trade both domestically and internationally, there is a need for trade finance professionals from banks as well as corporates. The Objectives of this IIBF Examination is as under:   (i) To provide candidates with competencies required to function as trade finance practitioners. (ii) To enable candidates to possess the ...
Read more

IIBF-Certificate Examination in Foreign Exchange Facilities for Individuals

-
          The primary objective this IIBF course is to make the branch officials familiar with the FEMA provisions that impact their day to day functioning at the branch level.     This exam is being introduced pursuant to the recommendation of a committee of RBI.           Normally foreign exchange transactions pertaining to individuals are handled at branches only and are not referred to specialised forex cells.           The course covers ‘Foreign Exchange Facilities for individuals under FEMA1999’ RBIs FAQs’ on Forex Facilities for Residents (Individuals) (updated up to November 21, 2014) For full details refer to Reserve Bank of India website: Introduction : The legal framework for administration of foreign exchange transactions in India is provided by the Foreign Exchange Management Act, 1999. Un...
Read more

Account Description Does Not Tally – Return Reason Removed

-
Image
          NPCI vide circular No 177, dated July 28 th , 2016, informed the Banking community that the APB Return Code NO 3 – Account Description does not tally is removed from the valid return reasons.            As the participants have to make necessary changes in their Software, the effective date of this circular is September 1 st , 2016.           It may be noted that the ‘Beneficiary Name’, is an Optional field and the Sponsor Bank may choose NOT to incorporate the Beneficiary Name in the input field.                NPCI has observed that few banks are mapping the return records of ‘Aadhaar not mapped to the account number’, to ‘Account Description Does Not Tally’. This was leading to unnecessary confusion and customer complaints.      ...
Read more