Bank Holiday: Are banks open or closed on January 18? See the list of holidays of this month

Financial institution Vacation: In response to the calendar of the Reserve Financial institution of India (RBI), banks will stay open on Saturday, January 18, 2024. Typically, banks are open on the primary and third Saturday of each month, whereas they’re closed on the second and fourth Saturday. January 18 is the third Saturday of this month, therefore banks will open on this present day.
Forms of Financial institution Holidays
Underneath RBI, financial institution holidays are divided into three sorts:
Actual-Time Gross Settlement (RTGS) Holidays Financial institution Account Closing Holidays Different Financial institution Holidays
Details about these holidays is given by official channels of RBI, reminiscent of web site and notifications despatched to banks.
Vacation beneath Negotiable Devices Act
January 18 has been declared a vacation beneath the Negotiable Devices Act, which pertains to the issuance of checks and promissory notes. Transactions associated to those devices won’t be accessible on this present day.
On-line banking companies might be accessible
Throughout this era, on-line banking companies might be accessible throughout the nation, in order that clients can get steady entry to banking companies. Prospects can simply conduct monetary transactions utilizing these companies. Fund switch requests will be made by NEFT/RTGS switch type, demand draft request type and test e-book type. Aside from this, companies like bank card, debit card and ATM card will also be used.
On which days will banks stay closed in January 2025?
January 1, 2025: Banks will stay closed on New 12 months's Day in Aizawl, Chennai, Gangtok, Imphal, Itanagar, Kohima, Kolkata and Shillong.
January 2, 2025: Lusong/Namsung/New 12 months might be celebrated in Aizawl and Gangtok, banks will stay closed on this present day.
January 6, 2025: Banks will stay closed in Chandigarh on the event of the birthday of Shri Guru Gobind Singh.
January 11, 2025: Missionary Day/Imoinu Iratpa might be celebrated in Aizawl and Imphal, banks will stay closed on this present day.
January 14, 2025: On the event of Makar Sankranti/Uttarayan Punyakal/Pongal/Maghe Sankranti/Magh Bihu/Hazrat Ali's birthday Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Hyderabad (Andhra Pradesh), Hyderabad (Telangana), Itanagar. Banks will stay closed in Kanpur and Lucknow.
January 15, 2025: Banks will stay closed in Chennai as a result of Thiruvalluvar Day and Uzhavar Tirunal Day on January 16, 2025.
January 23, 2025: Banks will stay closed in Agartala, Bhubaneswar and Kolkata as a result of delivery anniversary of Netaji Subhash Chandra Bose and Veer Surendrasai Jayanti.
Aside from this, banks will stay closed on 4 Sundays and second and fourth Saturdays. In complete there might be financial institution holidays for 13 days.
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