Planning a bank visit? You might want to reschedule, as banks are set for a four-day holiday, beginning from January 23 till January 26. Keeping track of bank holidays is crucial for customers to plan their finances in advance and avoid last-minute inconvenience. It is important to note that banks in India follow a combination of national and state-specific holidays, which means branch closures may vary from one state to another. Here’s a list of when and where will banks remain closed for rest of January:
When & where will banks remain shut?
January 23: Banks will remain shut in Tripura, Odisha and West Bengal on account of the Birthday of Netaji Subhas Chandra Bose, Saraswati Puja (Shree Panchami), Vir Surendrasai Jayanti and Basanta Panchami. January 24: Banks will remain closed as it is the fourth Saturday of the month. According to RBI, banks remain closed on second and fourth Saturdays of the month.January 25: Banks will remain closed nationwide, as it is a Sunday.January 26: Banks across the country will remain closed, to mark Republic Day. While bank branches will not be operational on these days, customers will still be able to access a range of digital banking services. Online banking platforms, ATMs, mobile banking applications and UPI services will continue to function, allowing users to carry out fund transfers, bill payments and other routine transactions. However, services that require a physical visit to a bank branch, including large cash deposits, check clearances and the issuance of demand drafts, will not be available during the holidays. Account holders are therefore advised to complete such tasks in advance and rely on digital options when branches are shut.
