Bank Holidays January 2024: It is important for all bank customers to be informed of the dates of the January 2024 bank holidays so they can schedule their banking transactions related work accordingly. Bank holidays in January 2024 will vary across states, with banks set to remain closed for 16 days, including the second and fourth Saturdays, Sundays, and additional regional holidays.
Republic Day, occurring on a Friday this year, marks the only national holiday leading to an extended weekend closure for banks, followed by the fourth Saturday and Sunday.
It is crucial for individuals and businesses to be aware of these bank holidays, enabling better planning for financial activities and transactions. Whether it involves making deposits, withdrawals, or other banking tasks, knowledge of the holiday schedule ensures a smoother and more convenient banking experience for everyone in India.
Nevertheless, individuals will not encounter any disruptions in bank-related transactions due to infrequent and closely spaced holidays. 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.
Here’s a look at the bank holidays scheduled for January 2024 in various states:
Republic Day, occurring on a Friday this year, marks the only national holiday leading to an extended weekend closure for banks, followed by the fourth Saturday and Sunday.
It is crucial for individuals and businesses to be aware of these bank holidays, enabling better planning for financial activities and transactions. Whether it involves making deposits, withdrawals, or other banking tasks, knowledge of the holiday schedule ensures a smoother and more convenient banking experience for everyone in India.
Nevertheless, individuals will not encounter any disruptions in bank-related transactions due to infrequent and closely spaced holidays. 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.
Here’s a look at the bank holidays scheduled for January 2024 in various states:
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 |
Source: RBI