Bank Holiday: Will Banks Remain Closed Tomorrow (January 13); Check January 2024 Bank Holiday List Here

Bank Holiday Tomorrow: There are almost over 16 bank holidays in January 2024 including regular holidays i..e Sundays and second, and fourth Saturdays. All Indian banks, private and PSU, remain closed on all Sundays, and the second and fourth Saturdays of each month.

However, this time there is a lot of confusion among people if the coming Saturday is working or off. Since, January 13, will be the second Saturday of this month, it will be a bank holiday, and thus, all banks will remain closed tomorrow.

One should note that bank holidays do not mean people will not have access to essential digital services like the Internet, UPI, and mobile banking. Even when banks are closed people can conduct financial transactions via online mode.

Besides, other holidays, banks across the country will be closed on Republic Day (January 26) which is a gazetted holiday. In January 2024, there will be one long weekend. Since January 26, which falls on a Friday will be a bank holiday, the last week of January will see a long weekend as the Republic Day holiday will be followed by a fourth Saturday and Sunday.

Ahead of Republic Day, banks in certain states will remain closed on January 15 on account of Pongal/Makar Sankranti. Thus, banks in states including Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, and Assam will remain closed on January 15.

Upcoming bank holidays in January 2024

January 15 (Monday); Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu- Banks will remain closed in Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, and Assam
January 16 (Tuesday); Thiruvalluvar Day- Banks will remain closed in Tamil Nadu
January 17 (Wednesday)- Uzhavar Thirunal/Sri Guru Gobind Singh Ji Birthday - Banks will remain closed in Chandigarh and Tamil Nadu
January 22 (Monday)- Imoinu Iratpa- Banks will remain closed in Manipur
January 23 (Tuesday)- Gaan-Ngai- Banks will remain closed in Manipur
January 25 (Thursday)- Thai Poosam/Birthday of Md. Hazarat Ali- Banks will remain closed in Tamil Nadu, Maharashtra, and Uttar Pradesh
January 26 (Friday)- Republic Day.

All bank holidays have been divided into three separate categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts.