The New Year is about to begin and it’s vital to know the bank holiday schedule as many regional and festive holidays are approaching. Therefore, it is important to plan banking transactions in advance to avoid any difficulties.
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Banks in India are expected to close on January 1, the first day of January, which is widely celebrated as New Year’s Day. However, since each state celebrates its own unique holidays, the holiday schedule varies by location.
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For example, some states like Mizoram and Sikkim observe bank holidays on December 31 to celebrate New Year’s Eve, Lossong and Namsoong.
In addition, banks will be closed on two Saturdays and four Sundays throughout the month. To ensure you’re not forced to use important banking services, it’s a good idea to verify your state or region’s holiday calendar, as many consumers may rely on weekends for banking transactions.
You can check your state’s official holiday calendar or contact your local bank branch in advance, as bank holidays can vary depending on where you live. This will ensure your banking needs are met promptly and help you plan for long weekends or emergencies.
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January 2025 bank holiday list
The Reserve Bank of India is yet to announce the official bank holiday schedule for January 2025. However, banks are expected to have 13 non-working days throughout the month, including 4 Sundays and 2 Saturdays. Here is a tentative list of bank holidays for January 2025:
|
date |
sky |
holiday |
area |
|
January 1, 2025 |
Wednesday |
New Year |
Pan India |
|
January 5, 2025 |
Sunday |
Sunday |
Pan India |
|
January 6, 2025 |
on Monday |
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Chandigarh, Haryana |
|
January 11, 2025 |
Saturday |
Second Saturday/Missionary Day |
Pan India/Mizoram |
|
January 12, 2025 |
Sunday |
Sunday/Swami Vivekananda Jayanti |
Pan India/West Bengal |
|
January 13, 2025 |
on Monday |
Lori |
Punjab, Jammu, Himachal Pradesh |
|
January 14, 2025 |
Tuesday |
Sankranti/ Harvest Festival |
Multiple states/Tamil Nadu, Andhra Pradesh |
|
January 15, 2025 |
Wednesday |
Thiruvalluvar Day/Tusu Puja |
Tamil Nadu/West Bengal, Assam |
|
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Sunday |
Sunday |
Pan India |
|
January 23, 2025 |
Thursday |
Netaji Subhas Chandra Bose Jayanti |
Odisha, Tripura, West Bengal |
|
January 24, 2025 |
Saturday |
fourth saturday |
Pan India |
|
January 26, 2025 |
Sunday |
republic day |
Pan India |
|
January 30, 2025 |
Thursday |
Sonam Lotha |
Sikkim |
In conclusion, the list of January 2025 bank holidays provides a clear schedule of non-working days to help individuals and businesses plan their banking activities effectively. These holidays are declared by the Reserve Bank of India (RBI) under the provisions of the Negotiable Instruments Act, which governs transactions involving checks and cashier’s orders. As banks remain closed on these dates, it is important to know the situation in advance and make the necessary arrangements for transactions and services.
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Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion