Eid-e-Milad-un-Nabi bank holiday September 2024: Are banks closed or open today, September 16?

IDFC FIRST Bank's credit card payment terms, including the minimum amount due (MAD) and payment due date, have also been altered. As stated on the IDFC FIRST Bank website, these modifications will be in effect from September 2024.

HDFC Bank has changed the credit card loyalty program on specific credit cards. The new rules are effective September 1, 2024. The bank emailed the respective customers with the update.

IDBI Bank has extended the validity date for Utsav FDs for special buckets tenures of 300 Days, 375 Days, and 444 Day. The new tenure added to the list is 700 days.

To general citizens, the bank offers 7.05% on Utsav FDs maturing in 300 days. Meanwhile, senior citizens get 7.55% on Utsav FDs of 300 days.

For Utsav FDs maturing in 375 days, the bank offers an interest rate of 7.15% (earlier 7.1%). Senior citizens can earn 7.65% for Utsav FDs maturing in 375 days (earlier 7.6%).

IDBI Bank has extended the validity date for special FD deadline to September 30 from June 30, 2024.

Indian Bank will now offer 7.05% interest rates to the general public, 7.55% to seniors, and 7.80% to super senior citizens on Ind Super 300 Days.


For 400 days, Indian Bank will now offer 7.25% interest rates to the general public, 7.75% to seniors, and 8.00% to super senior citizens.



The last date has been extended to September 30, 2024. Earlier the date was June 30, 2024.

The special FD duration of 222 days offers a higher interest rate of 6.30%. The bank provides 7.15% on special deposits with a duration of 333 days. Punjab and Sindh's limited-time special deposits deadline is September 30, 2024.

SBI customers can invest in Amrit Kalash till September 30, 2024.
According to the bank website, “The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2023. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 30-September-2024.”

The scheme has been extended to September 30, 2024. The scheme is available on fresh deposits and renewal of maturing deposits.

According to the SBI website, “Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card rate for Public.”

The RuPay credit card and UPI transaction fees should not be deducted from the reward points or other specified advantages, according to a directive from the National Payments Corporation of India (NPCI) to all banks that issue RuPay credit cards. This directive by NPCI is effective from September 1, 2024

The Reserve Bank of India (RBI) has directed card issuers, including banks, from signing exclusive contracts with card networks that ‘restrain’ them from using other networks. This action was taken following a review, which determined that some card networks and issuer agreements did not support consumers' freedom of choice.
The above will be effective six months from the date of this circular, that is September 6, 2024.