Banks Will Remain Closed For Almost 16 Days Next In January 2024; Check Bank Holiday List Here

Banks will remain closed for as many 16 days including regular holidays i..e Sundays and second, and fourth Saturdays in January 2024. However, one should note that bank holidays do not mean people will not have access to essential digital services like the Internet, UPI, and mobile banking. Even when banks are closed people can conduct financial transactions via online mode.

Besides, other holidays, banks across the country will be closed on Republic Day (January 26) which is a gazetted holiday.

Notably, state holidays are not the same across all the states in India except for gazetted holidays. If banks are closed in one state due to a state-specific festival it does not mean banks in other states will also remain closed on that day unless it is a gazetted holiday. Based on regional holidays, different states have different bank holidays.

All bank holidays have been divided into three separate categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. Since banks will be closed for 16 days in January 2024, it is very important to complete all your financial tasks beforehand so that you do not face any inconvenience at the last moment.

Banks in certain States including Mizoram, Tamil Nadu, Sikkim, Arunachal Pradesh, Manipur, Nagaland, and Meghalaya these states will remain closed on January 1 on the occasion of New Year's Day. Online banking services will remain available countrywide, even during the closure of private or public sector banks.

In January 2024, there will be one long weekend. Since January 26, which falls on a Friday will be a bank holiday, the last week of January will see a long weekend as the Republic Day holiday will be followed by a fourth Saturday and Sunday. One should note that bank holidays do not mean people will not have access to essential digital services like the Internet, UPI, and mobile banking. Even when banks are closed people can conduct financial transactions via online mode.

Upcoming bank holiday in January 2024

- January 1 (Monday): New Year celebrated across the country
- January 2- (Tuesday) New Year Celebration
- January 11 (Thursday): Missionary Day celebrated in Mizoram
- January 12 (Friday): Swami Vivekananda Jayanti celebrated in West Bengal
- January 13 (Saturday): Lohri celebrated in Punjab and other states
- January 15 (Monday): Pongal celebrated in Tamil Nadu, Andhra Pradesh, Thiruvalluvar Day in Tamil Nadu
- January 16 (Tuesday): Tusu Puja celebrated in West Bengal and Assam
- January 17 (Wednesday): Guru Govind Singh Jayanti celebrated in several states
- January 22 - (Monday) Imoinu Iratpa celebration in Imphal
- January 23 (Tuesday): Gaan-Ngai/Netaji's Birth Day celebration in Imphal, Kolkata
- January 25 - (Thursday) Thai Poosam/Birthday of Md. Hazarat Ali
- January 26 (Friday): Republic Day celebrated across India