India

Indian Bank Holidays for January 2024

Indian public and private banks will be closed on 16 days including the second and fourth Saturdays and Sundays in January 2024, owing to festivals.

According to the Reserve Bank of India (RBI) guidelines, banks remain closed on all public holidays but there are some holidays that are regional, i.e. restricted to certain states only. Regional holidays are decided by respective state governments.

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.

  1. January 01 (Monday)- New Year’s Day
  2. January 07 (Sunday)
  3. January 11 (Thursday)- Missionary Day (Mizoram)
  4. January 12 (Friday)- Swami Vivekananda Jayanti (West Bengal)
  5. January 13 (Saturday)- Second Saturday
  6. January 14 (Sunday)
  7. January 15 (Monday)- Pongal/Thiruvalluvar Day (Tamil Nadu and Andhra Pradesh)
  8. January 16 (Tuesday)- Tusu Puja (West Bengal and Assam)
  9. January 17 (Wednesday)- Guru Govind Singh Jayanti
  10. January 21 (Sunday)
  11. January 23 (Tuesday)- Netaji Subhas Chandra Bose Jayanti
  12. January 25 (Thursday)- State Day (Himachal Pradesh)
  13. January 26 (Friday)- Republic Day
  14. January 27 (Saturday)-Fourth Saturday
  15. January 28 (Sunday)
  16. January 31 (Wednesday): Me-Dam-Me-Phi (Assam)

Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of January 2024. However, readers are advised to verify with their local branches to corroborate the same.

Toby

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