Details on holidays at banks in India can help you schedule banking visits and other banking-related activities. Below is a “detailed list” of banking holidays in the nation of India in 2024. This list will assist you in planning your banking visit and business as well as personal transactions.
In India, There are Multiple Types of Banks.
These are:
- Central Bank ( Reserve Bank of India)
- Commercial Banks, Cooperative Banks
- Regional Rural Banks (RRB)
- Small Finance Banks (SMB)
- Local Area Banks (LAB)
Different Categories of Holidays on Banks in 2024
Holidays at banks are divided into two different categories:
- National Holidays
- Government Holidays.
India Celebrates Three National Holidays, “Which Are:”
1) Republic Day
2) Independence Day
3) Gandhi Jayanti
National Holidays are commonly referred to as gazetted holidays. During national holidays, banks and other financial organizations are closed.
Governmental Holidays are Further Subdivided Into:
- State Government Holidays
- Central Government Holidays
State Government Bank Holidays vary amongst Indian States; however, Central Government Bank Holidays are generally observed nationwide.
As for Example:
- Maharashtra Day is a banking holiday observed in Maharashtra.
- Goa Liberation Day is a banking holiday observed in Goa.
- Haryana Day is a Banking holiday observed in Haryana.
Bank Holidays 2024
Date | Day | Holiday |
1 January | Monday | New Year’s Day |
12 January | Friday | Birthday of Swami Vivekananda |
13 January | Saturday | Second Saturday |
15 January | Monday | Makar Sankranti / Pongal |
17 January | Wednesday | Guru Gobind Singh Ji Birthday |
26 January | Friday | Republic Day |
27 January | Saturday | Fourth Saturday |
10 February | Saturday | Losar |
14 February | Wednesday | Basant Panchami |
15 February | Thursday | Birthday of Md. Hazrat Ali/Lui-Ngai-Ni |
24 February | Saturday | Guru Ravidas Ji Birthday |
25 February | Sunday | Thaipusam |
8 March | Friday | Mahashivratri |
9 March | Saturday | Second Saturday |
23 March | Saturday | Fourth Saturday |
25 March | Monday | Holi |
29 March | Friday | Good Friday |
1 April | Monday | Annual Closing of Bank Accounts |
5 April | Friday | Babu Jagjivan Ram’s Birthday |
8 April | Monday | Id-ul-Fitr/Ugadi |
9 April | Tuesday | Chaitra Sukladi/Gudi Padwa/Ugadi/Cheti Chand |
13 April | Saturday | Second Saturday |
14 April | Sunday | Tamil New Year |
21 April | Sunday | Mahavir Jayanti |
27 April | Saturday | Fourth Saturday |
7 May | Tuesday | Birthday of Guru Rabindranath Tagore |
11 May | Saturday | Second Saturday |
23 May | Thursday | Budha Purnima |
25 May | Saturday | Fourth Saturday |
8 June | Saturday | Second Saturday |
10 June | Monday | Martyrdom Day of Sri Guru Arjun Dev ji |
15 June | Saturday | YMA Day |
16 June | Sunday | Id-ul-Zuha (Bakrid) |
22 June | Saturday | Fourth Saturday |
8 July | Monday | Rath Yatra |
13 July | Saturday | Second Saturday |
17 July | Wednesday | Muharram |
27 July | Saturday | Fourth Saturday |
10 August | Saturday | Second Saturday |
15 August | Thursday | Independence Day |
19 August | Monday | Raksha Bandhan |
24 August | Saturday | Fourth Saturday |
26 August | Monday | Janmashtami (Vaishnva) |
5 September | Thursday | Tithi of Srimanta Sankardeva |
7 September | Saturday | Vinayagar Chaturthi |
14 September | Saturday | Second Saturday |
15 September | Sunday | Thiruvonam |
16 September | Monday | Milad-un-Nabi or Id-e-Milad (Birthday of Prophet Mohammad) |
28 September | Saturday | Fourth Saturday |
1 October | Tuesday | Half-Yearly Closing of Bank Accounts |
2 October | Wednesday | Mahatma Gandhi’s Birthday |
11 October | Friday | Ayudha Puja / Saraswati Puja |
12 October | Saturday | Second Saturday/Bank Holiday / Vijayadashami |
26 October | Saturday | Fourth Saturday |
31 October | Thursday | Diwali (Deepavali) |
1 November | Friday | Laxmi Puja, Kannada Rajyotsava |
2 November | Saturday | Govardhan Puja |
7 November | Thursday | Chhath Puja |
9 November | Saturday | Second Saturday |
15 November | Friday | Guru Nanak’s Birthday |
18 November | Monday | Kanakadasa Jayanthi |
23 November | Saturday | Fourth Saturday |
3 December | Saturday | Feast of St. Francis Xavier |
14 December | Saturday | Second Saturday |
25 December | Wednesday | Christmas Day |
28 December | Saturday | Fourth Saturday |
31 December | Tuesday | New Year’s Eve |
NEFT & RTGS Holidays in 2024
RTGS is an acronym for Real-Time Gross Settlement, while NEFT refers to National Electronic Funds Transfer. Both RTGS and NEFT enable consumers to transfer money from a specific bank to a different one. The RTGS and NEFT systems have been operational 24 hours a day, seven days a week, since December 14, 2020.
Please keep in mind that the RTGS and NEFT services are available on various banking holidays. If a person transfers funds on a banking holiday, that amount will be credited to the recipient’s account, but the person who transferred it will get a receipt on the next regular banking business day.
List of Bank Holidays on the 2nd and 4th Saturdays
Apart from the above-mentioned banking holidays, banking institutions are also closed on the 2nd and 4th Saturdays of every month. If a month has five Saturdays, the fifth will be a banking day of operation. Previously, banks used to work half-day every Saturday.
Date | Holiday |
13 January | Second Saturday |
27 January | Fourth Saturday |
10 February | Second Saturday |
24 February | Fourth Saturday |
9 March | Second Saturday |
23 March | Fourth Saturday |
13 April | Second Saturday |
27 April | Fourth Saturday |
11 May | Second Saturday |
25 May | Fourth Saturday |
8 June | Second Saturday |
22 June | Fourth Saturday |
13 July | Second Saturday |
27 July | Fourth Saturday |
10 August | Second Saturday |
24 August | Fourth Saturday |
14 September | Second Saturday |
28 September | Fourth Saturday |
12 October | Second Saturday |
26 October | Fourth Saturday |
9 November | Second Saturday |
23 November | Fourth Saturday |
14 December | Second Saturday |
28 December | Fourth Saturday |
The holiday list will help you visit a bank branch within the business days. Banking professionals with these “holiday lists” will be able to plan their holiday trips. Gazetted holidays are mandated governmental holidays, whereas restricted holidays are discretionary and may differ by organization and region.