On Monday, SBI said that on April 1, from 12.20 to 15.20 hours IST, the following services will not be accessible: Internet Banking, Yono Lite, Yono Business Web and Mobile App, YONO, and UPI. The bank stated in a statement that this is because of Annual Closing activities and that ATM and UPI Lite services will be accessible during this time.
Aside from this, starting April 1st there won't be an option to swap or deposit the Rs 2,000 notes. Due to activities related to the annual closing of accounts, the Reserve Bank of India's 19 Issue Offices1 would not be offering the option to swap or deposit Rs 2,000 banknotes. In a statement released on March 28, 2024, RBI stated that the plant will reopen on Tuesday, April 2, 2024.
Customers of HDFC Bank have also been informed that as of April 1, 2024, National Electronic Funds Transfer (NEFT) services would not be available. Customers who can use the service, according to the bank, should anticipate some delay.
On April 1, 2024, are banks open?
As per the recommendations established by the Reserve Bank of India (RBI), the majority of banks in several states would close on April 1, 2024, as a result of their year accounts ending. In Andhra Pradesh and Telangana, Agartala, Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Imphal, Itanagar, Jaipur, Jammu, Kanpur, Kochi, Kohima, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Srinagar, and Thiruvananthapuram are among the places where banks are closed.
