All banks in the country will be closed for 5 consecutive days! Know the dates for completing urgent work before the worst of the situation

Bibhash Lodh, BS News Agency: If you have any urgent work related to money, get it done now, otherwise you may have to face extreme suffering. The common man may face huge financial danger at the beginning of the week. This time, a decision has been taken to go on a three-day bank strike across the country on the call of the United Forum of Bank Unions (UFBU). However, due to the addition of a weekend holiday, all government and private banks in the country are going to be completely closed for 5 consecutive days. The central government is already taking steps to keep financial services running and to prevent a major disaster from happening across the country due to the strike. To deal with the situation, the Department of Financial Services under the Union Finance Ministry has called a high-level emergency meeting on Monday (September 21). The meeting has been asked to be attended by top officials of all public sector banks in the country, heads of regional rural banks, Indian Banks Association (IBA) and NABARD.

Why this bank strike?

 The long-standing demand of the bank union is to introduce a 5-day work week instead of the full 6 days of the week and to give full holidays on Saturdays and Sundays. The UFBU alleges that despite repeated assurances from the Centre, their reasonable demand has not been fulfilled yet. In protest against this, a one-day bank strike was observed on September 11. This time, the bank employees are walking on the path of a prolonged movement as their demands were not met

Exactly on which days will the banks be closed?

According to the union's announcement, a continuous bank strike will be observed from September 28 to September 30. However, since the two days preceding the strike - i.e. September 26 (fourth Saturday) and September 27 (Sunday) - fall on the banks. As a result, no bank branch in the country will be open for 5 consecutive days from September 26 to September 30.

There is relief news for customers

Although the banks are closed for 5 consecutive days, it has been promised to keep ATM services fully operational to provide some relief to the general customers. In addition, internet banking, mobile banking and UPI services will function normally. Therefore, financial experts advise that any check transactions, cash deposits or withdrawals that are dependent on branch banking should be settled by the beginning of next week.