Bank Holidays In January 2024: In January 2024, banks in India will observe closures for 16 days. Those with urgent banking needs should take note of the designated holiday dates. Bank customers must understand that while physical branches will be shut on these upcoming holidays, digital services like mobile banking, UPI, and Internet banking will continue to operate without any interruptions.
Key bank holidays in India include Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas (December 25).
Additionally, banks are closed on specific religious festivals, such as Diwali, Dussehra, Eid, Ganesh Chaturthi, Buddha Purnima, and others. It’s worth noting that the dates of these festivals vary each year.
Bank Holidays January 2024
- January 01 (Monday)- New Year’s Day
- January 07 (Sunday)
- January 11 (Thursday)- Missionary Day (Mizoram)
- January 12 (Friday)- Swami Vivekananda Jayanti (West Bengal)
- January 13 (Saturday)- Second Saturday
- January 14 (Sunday)
- January 15 (Monday)- Pongal/Thiruvalluvar Day (Tamil Nadu and Andhra Pradesh)
- January 16 (Tuesday)- Tusu Puja (West Bengal and Assam)
- January 17 (Wednesday)- Guru Govind Singh Jayanti
- January 21 (Sunday)
- January 23 (Tuesday)- Netaji Subhas Chandra Bose Jayanti
- January 25 (Thursday)- State Day (Himachal Pradesh)
- January 26 (Friday)- Republic Day
- January 27 (Saturday)-Fourth Saturday
- January 28 (Sunday)
- January 31 (Wednesday): Me-Dam-Me-Phi (Assam)
The RBI classifies holidays into three categories: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
The majority of bank holidays are consistent throughout India, but there are specific public holidays that vary across states, influenced by local customs and cultures. To determine whether your bank is closed on a particular day, it is recommended to refer to the local guidelines of the state in which you reside.
The occurrence of bank holidays differs among states, contingent on the festivals observed in specific regions. On gazetted holidays, banks will be closed nationwide.
Source By: news18
