New Delhi:
In January 2024, banks in India are set to observe a total of 16 holidays, including all Sundays and second and fourth Saturdays.
With the onset of the new year, various festivals and government holidays, such as Makar Sankranti and Republic Day, contribute to this extended closure period.
For those with pending banking tasks, exploring alternatives like mobile banking, UPI, and internet banking during these holidays is recommended.
National vs. State Holidays: What You Need to Know
Understanding the distinction between national and state holidays is crucial.
While national holidays, like Republic Day, Independence Day, and Mahatma Gandhi Jayanti, lead to nationwide closures, state holidays affect specific regions based on their significance.
Residents are advised to be aware of their state’s unique holidays, as they may or may not align with national closures.
RBI’s Calendar: A Guide to Bank Closures
The Reserve Bank of India (RBI) has unveiled a comprehensive calendar specifying the dates on which banks will remain closed.
Under the State Government, Central Government, and Union Territories Act of 1881, these bank holidays are legally recognized.
As per the RBI calendar, three national holidays—Republic Day (26 January), Independence Day (15 August), and Mahatma Gandhi Jayanti (2 October)—are celebrated across India.
Bank Holiday List for January 2024: Plan Accordingly
Here is the detailed list of bank holidays for January 2024:
- 01 January (Monday) – New Year’s Day
- 07 January (Sunday)
- 11 January (Thursday) – Missionary Day (Mizoram)
- 12 January (Friday) – Swami Vivekananda Jayanti (West Bengal)
- 13 January (Saturday) – Second Saturday
- 14 January (Sunday)
- 15 January (Monday) – Pongal/Thiruvalluvar Day (Tamil Nadu and Andhra Pradesh)
- 16 January (Tuesday) – Tusu Puja (West Bengal and Assam)
- 17 January (Wednesday)- Guru Gobind Singh Jayanti
- 21 January (Sunday)
- 23 January (Tuesday) – Netaji Subhash Chandra Bose Jayanti
- 25 January (Thursday) – State Day (Himachal Pradesh)
- 26 January (Friday)- Republic Day
- January 27 (Saturday) – Fourth Saturday
- 28 January (Sunday)
- 31 January (Wednesday): Mee-Dam-Mee-Phee (Assam)
Ensure to plan your banking activities accordingly, taking into consideration these scheduled closures.
