Bank holidays in January 2025: Is Saturday, January 25th a holiday?

Financial institution holidays in January 2025: In the present day, January 25 is the fourth Saturday of the month. Thus for these questioning, are banks closed right this moment? The reply is sure. Additional, since January 26 is a Sunday and Republic Day, all banks throughout India may also be closed on that day.

Private and non-private banks are normally off on the second and fourth Saturdays in all months of the 12 months and all first and third Saturdays and dealing days are as common. And additional, in case the month has a fifth Saturday, that might even be a working day.

Total, this month has not less than 13 holidays together with, Saturdays and Sundays off. Nonetheless, the vacations might be as per the native customs of various areas in India and can range in numerous states. Subsequently, it’s best examine along with your nearest financial institution department for his or her vacation record prematurely to maintain knowledgeable and make preparations for emergencies or forward of the lengthy weekends.

The Reserve Bank of India (RBI) releases the financial institution vacation calendar, which is predicated on varied components, together with nationwide/state holidays, cultural or spiritual observance, operational necessities, authorities bulletins, and coordination with different banks.

When are the Weekend Financial institution Holidays in January 2025?

Listed here are the weekend dates the place banks might be shut — January 7 (Sunday), January 11 (Second Saturday), January 12 (Sunday), January 19 (Sunday), January 25 (Fourth Saturday) and January 26 (Sunday).

Under is the total record of different financial institution holidays in January 2025:

January 1- New Yr’s Day/Loosong/Namsoong

Banks will stay closed on 1 January 2025 in Aizawl, Chennai, Gangtok, Imphal, Itanagar, Kohima, Kolkata, and Shillong.

January 2- Loosong/Namsoong/New Yr Celebration

Banks will stay closed in Aizwal, Gangtok

January 6- Sri Guru Gobind Singh’s Birthday

Banks will stay closed in Chandigarh

January 11- Missionary Day/Imoinu Iratpa/ Second Saturday

Banks will stay closed in Imphal, Aizwal

January 14-Makar Sankranti/Uttarayana Punyakala/Pongal/Maghe Sankranti/Magh Bihu/Birthday of Hazarat Ali

Banks will stay closed in Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok,Guwahati, Hyderabad – Andhra Pradesh, Hyderabd- Telangana, Itanagar, Kanpur, Lucknow

January 15-Thiruvalluvar Day

Banks will stay closed in Chennai

January 16-Uzhavar Thirunal

Banks will stay closed in Chennai

January 23- Birthday of Netaji Subhas Chandra Bose/Vir Surendrasai Jayanti

Banks will stay closed in Agartala, Bhubaneswar, Kolkata

January 25- Fourth Saturday

January 26- Sunday, Republic Day

Can You Use ATMs on Financial institution Holidays?

Sure. For money emergencies and necessities, all banks function their on-line web sites and cell banking providers apps no matter weekend or different leaves — except notified to customers for specific causes. You can even entry any financial institution’s ATMs for money withdrawals.

The entire financial institution’s annual vacation calendar is asserted by the RBI beneath provisions of the Negotiable Devices Act, which offers with the issuance of cheques and promissory notes. Transactions involving these devices are thus not accessible throughout these listed holidays.

The RBI and state governments create a list of holidays for banks, taking into consideration nationwide and native events, operational necessities, spiritual celebrations and different cultural observances. The central financial institution makes the announcement by way of its official web site and notifications to banks and different monetary establishments.