Bank Holiday Today: Are Banks Open Or Closed For Netaji Subhas Chandra Bose Birthday In Your State?

On January 23 every year India observes a national holiday in honor of the birthday of Netaji Subhas Chandra Bose, one of the major leaders in India's struggle for independence. Being a public holiday in India , it also affects bank operations, with many branches closed throughout the country. However, whether or not banks are closed can depend on the region and the specific bank. Public sector banks, in particular, are more likely to shut their doors for the day in observance of this holiday.

Are Banks Closed Today?

Most Public and private bank will be shut today so it is important for individuals who need banking services to plan accordingly. Those who require urgent transactions may want to check with local branches, as private banks may have different operational hours or may remain open in some regions. The closure could also affect services like cash withdrawals, deposits, and banking inquiries.

Which States will observe a bank holiday today?

This Thursday, all banking institutions, both private and public, will remain closed in observance of Parakram Diwas and the celebration of Vir Surendra Sai Jayanti. Parakram Diwas honors the valor and bravery of Netaji Subhas Chandra Bose, while Vir Surendra Sai Jayanti commemorates the life of a prominent freedom fighter from Odisha. Bank holidays will be observed today, January 23, 2025, in several states to honor Netaji Subhas Chandra Bose's legacy. While his birthplace, West Bengal, prominently celebrates the day, other states such as Tripura, Orissa, and Uttarakhand will also have banks closed.

Online Banking Services To Remain Open

For those who may need to conduct business, many banks also provide online services, so it's still possible to access accounts, transfer funds, or make payments through mobile banking apps or websites. However, as branches remain closed, services that require in-person assistance will be unavailable for the day.
As per the RBI circular, bank will remain Closed Mainly on 2nd and 4th Saturday of every months.