1. Home
  2. News

List of Bank Holidays in January 2024, Check Now!

Before knowing the list of bank holidays, it is also necessary to note that bank holidays may vary from state to state, governed by the State Government, Central Government, and Union Territories Act of 1881.

Parvathy Pillai
In January 2024, banks across India are to remain closed for 16 days
In January 2024, banks across India are to remain closed for 16 days

In January 2024, banks across India are to remain closed for 16 days, encompassing a diverse range of occasions. Bank holidays during this period include New Year's Day on January 1 and Republic Day on January 26, other festivals, national holidays, second and fourth Saturdays, and the standard closure on all Sundays.

This comprehensive list is strategic scheduling that considers cultural and statutory observances, ensuring that banking operations align with the nation's festive and civic calendar.

For customers with urgent banking needs, it is essential to be alert of the scheduled holidays. While physical visits to bank branches won't be feasible those days, it's important to consider that vital digital services like mobile banking, UPI, and Internet banking will continue seamlessly, ensuring uninterrupted access to essential financial services unless otherwise communicated. This assurance underscores the commitment of banks to provide convenience and accessibility to customers, even during scheduled closures, through robust digital platforms.

It is also necessary to note that bank holidays may vary from state to state, governed by the State Government, Central Government, and Union Territories Act of 1881. India observes three national holidays, namely January 26 (Republic Day), August 15 (Independence Day), and October 2 (Mahatma Gandhi Jayanti).

The RBI Classifies Bank Holidays into the Following Categories

  • Holidays under the Negotiable Instruments Act
  • Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday
  • Banks' Closing of Accounts.

This systematic breakdown reflects the nuanced nature of these holidays, encompassing legal, financial, and operational considerations.

List of Holidays in January 2024

Date Day Purpose of Holiday
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)

 

Take this quiz on World Meteorological Day to check your knowledge about meteorology! Take a quiz
Share your comments
FactCheck in Agriculture Project

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Subscribe Newsletters