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Friday, September 18, 2009

ID Holiday for RTGS/NEFT on 21st September, 2009, Monday

ID Holiday for RTGS/NEFT on 21st September, 2009, Monday

RTGS Holiday - Year 2009

Sl. No.

Date

Day

Occasion

8.

September 21, 2009

Monday

Ramzan ID

21st September, 2009, Monday is a Holiday for ePayments-RTGS and NEFT in India.

On a RTGS Holiday, NEFT too is automatically closed.

This means ep will be closed consecutively for 2 days in a row.

Hence, there will be heavy volumes on 22nd September, 2009.

To minimize the inconvenience of the Holidays, viewers might find these tips useful:-

RTGS-

  • Execute your Transactions on 19th September, 2009 by 12noon, so, Returns if any, will come back on 19th itself.

NEFT-

  • Execute your Transactions on 19th September, 2009 by 10 am, so, Returns if any, will come back on 19th itself.
  • There will be only 3 NEFT Settlement Cycles on on 19th September, 2009, as it is a Saturday. The Settlement Cycles will take place at 9.00am, 11.00am and 12.00noon.
  • Try to avoid NEFT transactions on 20th and 21st, through Net/Mobile Banking. Such transactions will be in queue and executed only on 22nd. In the meanwhile, if there is a change of plans, it will be difficult to cancel the pending transactions.

Enjoy the Holidays

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