With the new year 2025 just around the corner, HDFC Bank employees will receive about 11 special holidays in January month. These holidays vary from state-to-state and HDFC Bank branches will close accordingly. HDFC Bank is the largest bank in terms of market share, and the largest in terms of the private bank as well. Being a private bank, its holidays differ from those of PSU banks. However, the key basic holidays that all banks follow are national holidays and second & fourth Saturdays. Apart from that banks are closed depending upon the occasion in various states.
Here is the list of HDFC Bank holidays for January 2025, as per data from ClearTax:
January 1: New Year - States where HDFC Bank could be closed are Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tamil Nadu, West Bengal
January 11: Missionary Day - On this day, this bank will be closed in Mizoram.
January 12: Birthday Of Swami Vivekananda - HDFC Bank branches will be closed in West Bengal.
January 14: Makara Sankranthi - HDFC Banks will be closed in Arunachal Pradesh.
January 15:
Pongal - The bank's branches will not be operational in Tamil Nadu.
January 16: Thiruvalluvar Day - The bank will be closed in Tamil Nadu.
January 17: Uzhavar Thirunal - Yet again the bank will be closed in Tamil Nadu.
January 22: IMOINU IRATPA - There will be an HDFC Bank holiday in Manipur.
January 23: Gaan -Ngai - Manipur
Netaji Subhas Chandra Bose Jayanti - Tripura
January 25: Mohm Hajarat Ali - Holiday in Uttar Pradesh.
January 26: Republic Day - HDFC Bank will be closed in Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, Uttarakhand.
In general terms, RBI decides the list of bank holidays in overall India. What is operational during bank holidays? Services like ATMs, internet banking, and mobile banking are accessible irrespective of bank holidays.
What is closed during bank holidays? Visit to branches are not possible during bank holidays. Also, payment services or cash deposits or large transactions that require you to visit branches, will not be accessible.
In generic terms, Bank holidays in India, vary from state-to-state and city-to-city, though there are numerous Public Holidays in the year 2024 which are applicable throughout the country. Some of these holidays include Republic Day (Jan 26), Independence Day (Aug 15) and Gandhi Jayanti (Oct 2). Apart from these, there are important religious and festival holidays such as Diwali, Dussehra, Christmas, Eid, Guru Nanak Jayanthi, Good Friday, Ganesh Chaturthi, Budh Purnima etc.
Also, Banks are closed on the second and fourth Saturdays of every month in addition to the above-mentioned bank holidays. The fifth Saturday of a month with five Saturdays is a working day for banks. In the past, banks would only open for a half-day on Saturdays.
Bank holidays in India and for that matter, the public holidays are decided by the central government, the state government and the various union territories in the country. As per RBI, bank holidays are divided into three categories. These are holidays under the Negotiable Instruments Act; holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holidays; and banks' closing of accounts.