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2024 Bank Holidays in India

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: 

  1. National Holidays 
  2. 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: 

  1. State Government Holidays  
  2. 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. 

 

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