Bank Holidays in January 2024 – List Of All January Months Holidays. Don’t Visit Bank These Days.

If you have any bank-related work lined up for January 2024, make sure to check this list of bank holidays first.

Banks across India will be closed for 16 days in total next January. That’s quite a lot. So it’s important to plan your bank visits accordingly and avoid any inconvenience.

What are the major bank holidays in January 2024?

• January 1 – New Year’s Day
• January 26 – Republic Day

Other than these famous holidays, banks will also be closed for various state-specific festivals and occasions. Plus, second and fourth Saturdays and all Sundays are bank holidays by default.

Different states, different holidays An important point to note is that bank holidays vary from state to state. For example, Pongal will be a holiday in Tamil Nadu but not in other states.

The Reserve Bank of India (RBI) categorizes bank holidays into three types:

1. Holidays under the Negotiable Instruments Act
2. Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday
3. Banks’ Closing of Accounts

This categorization is based on the State Government, Central Government and Union Territories Act of 1881.

Banking online on holidays While bank branches remain closed on holidays, digital banking channels like net banking, mobile apps, ATMs, etc. continue to operate. So you can still carry out urgent banking transactions online on holidays unless informed otherwise.

List of All January 2024 Holidays

So, A handy list of all major bank holidays coming up in January next year. Mark your calendars and plan your bank visits accordingly.