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Banks To Remain Closed For 16 Days In January! Check State-wise List

Republic Day, falling on a Friday this year, is the sole national holiday leading to an extended weekend closure for banks

Edited By : Aniket Raj | Updated: Jan 8, 2024 14:40 IST
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It’s essential for all bank customers to stay informed about the January 2024 bank holidays to plan their financial transactions accordingly. In January 2024, banks will be closed for a total of 16 days, including the second and fourth Saturdays, Sundays, and additional regional holidays that may vary by state.

Republic Day, falling on a Friday this year, is the sole national holiday leading to an extended weekend closure for banks, followed by the fourth Saturday and Sunday.

Being aware of these bank holidays is crucial for individuals and businesses, allowing for better organization of financial activities. Whether it’s depositing money, withdrawing funds, or handling other banking tasks, knowledge of the holiday schedule ensures a smoother and more convenient banking experience for everyone in India.

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Despite the numerous holidays, individuals will not face disruptions in bank-related transactions as ATMs, cash deposits, online banking, and mobile banking will remain operational. The variation in January holidays across states is influenced by the observance of local festivals.

Date Day Event States where banks will remain closed
January 01 Monday New Year’s Day Mizoram, Tamil Nadu, Sikkim, Arunachal Pradesh, Manipur, Nagaland, and Meghalaya
January 02 Tuesday New Year’s Celebration Mizoram
January 11 Thursday Missionary Day Mizoram
January 15 Monday Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, Assam
January 16 Tuesday Thiruvalluvar Day Tamil Nadu
January 17 Wednesday Uzhavar Thirunal/Sri Guru Gobind Singh Ji Birthday Chandigarh and Tamil Nadu
January 22 Monday Imoinu Iratpa Manipur
January 23 Tuesday Gaan-Ngai Manipur
January 25 Thursday Thai Poosam/Birthday of Md. Hazarat Ali Tamil Nadu, Maharashtra, Uttar Pradesh
January 26 Friday Republic Day All over India except Tripura, Uttarakhand, Bengal

 

January 2024 1 2 11 12 15 16 17 22 23 25 26
Agartala
Ahmedabad
Aizawl
Belapur
Bengaluru
Bhopal
Bhubaneswar
Chandigarh
Chennai
Dehradun
Gangtok
Guwahati
Hyderabad – Andhra Pradesh
Hyderabad – Telangana
Imphal
Itanagar
Jaipur
Jammu
Kanpur
Kochi
Kohima
Kolkata
Lucknow
Mumbai
Nagpur
New Delhi
Panaji
Patna
Raipur
Ranchi
Shillong
Shimla
Srinagar
Thiruvananthapuram

 

Holiday under Negotiable Instruments Act
Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
Banks’ Closing of Accounts

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Source: RBI

 

First published on: Jan 08, 2024 02:40 PM IST

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