December 31 isn’t simply the final day of 2024—it’s additionally New Yr’s Eve, which makes you marvel: will banks be open? As per the Reserve Financial institution of India’s (RBI) vacation record for 2024, banks in Aizawl and Gangtok will stay closed on Tuesday, December 31, for New Yr’s Eve – Lossong, or Namsoong celebrations.
A department of Financial institution of Baroda (BoB) is seen on this file picture.(Mint Photograph)
As well as, banks will even be shut in states like Maharashtra, Gujarat, Delhi, Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal, the place December 31 is a public vacation.
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Financial institution holidays in January 2025
Although the RBI has not but launched its official financial institution vacation calendar for January 2025, banks are anticipated to have 13 non-working days in the course of the month.
This additionally contains the second and fourth Saturdays, in addition to the 4 Sundays, which will probably be off. It additionally contains Wednesday, January 1, 2024, when banks will probably be closed for the New Yr.
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Nevertheless, it’s best suggested to contact your nearest financial institution department in case there may be any additional confusion relating to financial institution holidays.
What banking providers can be found on financial institution holidays?
Whereas all financial institution branches will probably be closed on all of the aforementioned dates, clients can nonetheless entry digital or web banking providers all year long except the financial institution notifies in any other case (normally for upkeep work).
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All financial institution web sites, banking apps, UPI, and ATM providers will probably be lively all year long in any other case. You may even begin a hard and fast deposit or a recurring deposit on such days digitally.