Banks in many states will be closed for 11 days in January. These include all Sundays and second and fourth Saturdays. Holidays vary from region to region, depending on which holidays are celebrated locally or notified of specific occasions in those states.
this reserve bank of india (RBI) prepares a list of holidays every month. According to the RBI, bank holidays fall into three categories of notices – Negotiable Instruments Act, Holidays, Real Time Gross Settlement Holidays and Bank Closure of Accounts.
According to the Reserve Bank of India’s list of bank holidays for January, banks will be closed for 11 days this month. All branches of private, public, foreign, cooperative and regional banks will remain closed these days. Banks will be closed for four days on regional and national holidays. These include New Year celebrations, Republic Day, Imoinu Iratpa and Gaan-Ngai.
Clients are advised to plan their banking-related endeavors accordingly to avoid any inconvenience. However, it should be noted that even if banks are closed on holidays, customers can still use services such as online banking, UPI, online banking and ATMs.
Below is the full list of bank holidays for January 2023.
January 1: First Sunday
January 8: Second Sunday
January 14: Second Saturday
January 15: Third Sunday
January 22: Fourth Sunday
January 28: Fourth Saturday
January 29: Fifth Sunday
National and Regional Holidays
January 2: New Year Celebration – Aizawl
January 3: Imoinu Iratpa – Imphal
January 4: Gaan-Ngai – Imphal
January 26: Republic Day – Ahmedabad, Aizawl, Belapur, Bangalore, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Kanpur, Le Know, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla and Trivandrum.
In February 2023, banks will be closed for four days due to regional and national holidays. These are Lui-Ngai-Ni, Mahashivratri (Maha Vad-14)/Sivarathri, State Day and Losar.
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