Bank Holidays 2024 in India:- As we step into the new year, it’s essential to plan our schedules, including time for relaxation and celebration. One crucial aspect to consider is the list of bank holidays for 2024 in India. Knowing the dates in advance helps individuals and businesses plan their activities accordingly. In this article, we will provide a comprehensive guide to bank holidays in India for 2024, categorized by month and region.
Bank Holidays in India 2024
Knowing the bank holidays in India for 2024 is crucial for planning your visits and financial transactions. In addition to national and government holidays set by the Reserve Bank of India (RBI), different types of banks, including the Central Bank, commercial banks, cooperative banks, Regional Rural Banks, Small Finance Banks, and Local Area Banks, observe regional holidays based on their branch locations. It’s important to note that all banks are closed on the second and fourth Saturdays every month. This comprehensive list will help you organize your bank-related activities efficiently.
Bank Holidays 2024 Overview
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Types Of Bank Holidays In 2024
India has two types of bank holidays: National Holidays and Government Holidays. National Holidays, including Republic Day, Independence Day, and Mahatma Gandhi Jayanti, are also known as Gazetted holidays. Banks and financial institutions close on these days.
Government Holidays are divided into state government bank holidays and Central Government bank holidays. State government bank holidays vary between Indian states, while Central Government bank holidays are observed nationwide. For example, Maharashtra Day is a bank holiday in Maharashtra, Goa Liberation Day is observed in Goa, and Haryana Day is celebrated in Haryana.
Bank Holidays in India Full List, Month, Region wise
Here’s the main bank holiday list for India in 2024. For detailed regional bank holidays, check the respective state holiday pages provided here.
Date | Day | Holiday |
1 January 2024 | Monday | New Year’s Day |
12 January 2024 | Friday | Birthday of Swami Vivekananda |
13 January 2024 | Second Saturday | Bank Holiday |
15 January 2024 | Monday | Makara Sankaranthi / Pongal |
17 January 2024 | Wednesday | Guru Gobind Singh Ji Birthday |
26 January 2024 | Friday | Republic Day |
27 January 2024 | Fourth Saturday | Bank Holiday |
10 February 2024 | Saturday/Second Saturday | Losar |
14 February 2024 | Wednesday | Basant Panchami |
15 February 2024 | Thursday | Birthday of Md. Hazrat Ali/Lui-Ngai-Ni |
24 February 2024 | Saturday/Fourth Saturday | Guru Ravidas Ji Birthday |
25 February 2024 | Sunday | Thaipusam |
8 March 2024 | Friday | Mahashivratri |
9 March 2024 | Second Saturday | Bank Holiday |
23 March 2024 | Fourth Saturday | Bank Holiday |
25 March 2024 | Monday | Holi |
29 March 2024 | Friday | Good Friday |
1 April 2024 | Monday | Annual Closing of Bank Accounts |
5 April 2024 | Friday | Babu Jagjivan Ram’s Birthday |
8 April 2024 | Monday | Id-ul-Fitr/Ugadi |
9 April 2024 | Tuesday | Chaitra Sukladi/Gudi Padwa/Ugadi/Cheti Chand |
13 April 2024 | Second Saturday | Bank Holiday |
14 April 2024 | Sunday | Tamil New Year |
21 April 2024 | Sunday | Mahavir Jayanti |
27 April 2024 | Fourth Saturday | Bank Holiday |
7 May 2024 | Tuesday | Birthday of Guru Rabindranath Tagore |
11 May 2024 | Second Saturday | Bank Holiday |
23 May 2024 | Thursday | Budha Purnima |
25 May 2024 | Fourth Saturday | Bank Holiday |
8 June 2024 | Second Saturday | Bank Holiday |
10 June 2024 | Monday | Martyrdom Day of Sri Guru Arjun Dev ji |
15 June 2024 | Saturday | YMA Day |
16 June 2024 | Sunday | Id-ul-Zuha (Bakrid) |
22 June 2024 | Fourth Saturday | Bank Holiday |
8 July 2024 | Monday | Rath Yatra |
13 July 2024 | Second Saturday | Bank Holiday |
17 July 2024 | Wednesday | Muharram |
27 July 2024 | Fourth Saturday | Bank Holiday |
10 August 2024 | Second Saturday | Bank Holiday |
15 August 2024 | Thursday | Independence Day |
19 August 2024 | Monday | Raksha Bandhan |
24 August 2024 | Fourth Saturday | Bank Holiday |
26 August 2024 | Monday | Janmashtami (Vaishnva) |
5 September 2024 | Thursday | Tithi of Srimanta Sankardeva |
7 September 2024 | Saturday | Vinayagar Chaturthi |
14 September 2024 | Second Saturday | Bank Holiday |
15 September 2024 | Sunday | Thiruvonam |
16 September 2024 | Monday | Milad-un-Nabi or Id-e-Milad (Birthday of Prophet Mohammad) |
28 September 2024 | Fourth Saturday | Bank Holiday |
1 October 2024 | Tuesday | Half-Yearly Closing of Bank Accounts |
2 October 2024 | Wednesday | Mahatma Gandhi’s Birthday |
11 October 2024 | Friday | Ayudha Puja / Saraswathi Puja |
12 October 2024 | Second Saturday | Bank Holiday / Vijayadashami |
26 October 2024 | Fourth Saturday | Bank Holiday |
31 October 2024 | Thursday | Diwali (Deepavali) |
1 November 2024 | Friday | Laxmi Puja, Kannada Rajyotsava |
2 November 2024 | Saturday | Govardhan Puja |
7 November 2024 | Thursday | Chhath Puja |
9 November 2024 | Second Saturday | Bank Holiday |
15 November 2024 | Friday | Guru Nanak’s Birthday |
18 November 2024 | Monday | Kanakadasa Jayanthi |
23 November 2024 | Fourth Saturday | Bank Holiday |
3 December 2024 | Saturday | Feast of St. Francis Xavier |
14 December 2024 | Second Saturday | Bank Holiday |
25 December 2024 | Wednesday | Christmas Day |
28 December 2024 | Fourth Saturday | Bank Holiday |
31 December 2024 | Tuesday | New Year’s Eve |
Brief Description of Bank Holidays in 2024
Holiday | Date | Type | Observance |
Republic Day | January 26 | Gazetted | Celebrating the formation of the Constitution of India; Military parades, cultural events in schools/colleges |
Maha Shivaratri | Varies (based on lunar calendar) | Bank Holiday | Hindu festival dedicated to the night of Lord Shiva |
Holi | March 8 (Varies) | Bank Holiday | Festival of colors, symbolizing harvest; Celebrated on March 8 in some states |
Ugadi/Gudi Padwa | Varies (based on lunar calendar) | Bank Holiday | New Year in Andhra Pradesh, Karnataka, Telangana, and Gudi Padwa in Maharashtra |
Ambedkar Jayanti | April 14 | Bank Holiday | Commemorating the birth of Dr. B R Ambedkar, architect of the Indian Constitution |
Mahaveer Jayanti | April 4 | Jain Festival | Honoring the birth of Mahaveer, the last Tirthankara |
Good Friday | April (Varies) | Significant | Observed during the Holy Week, significant festival in April 2024 |
Vaisakhi | April 13 or 14 | Sikh/Hindu | New Year for Sikhs; Celebrated by Sikhs and Hindus |
May Day | May 1 | Bank Holiday | International Workers’ Day, promoted by the labor movement |
Bakrid/Eid al Adha | Varies (based on lunar calendar) | Bank Holiday | Islamic festival celebrated in many states |
Independence Day | August 15 | Nationwide | Celebrating India’s independence from the UK |
Janmashtami | Varies (based on lunar calendar) | Hindu Festival | Honoring the birth of Lord Krishna |
Gandhi Jayanti | October 2 | National | Celebrating Mahatma Gandhi’s birthday |
Diwali | October 31 | Hindu | Celebrated by Hindus; Festival of lights |
Christmas Day | December 25 | Bank Holiday | Celebrating the birth of Jesus Christ by Christians |
Bank Holidays On the Second Saturday’s 2024
Banks are closed on the second Saturdays of each month, in addition to the mentioned bank holidays 2024.
Date | Holiday |
13 January 2024 | Second Saturday |
10 February 2024 | Second Saturday |
9 March 2024 | Second Saturday |
13 April 2024 | Second Saturday |
11 May 2024 | Second Saturday |
8 June 2024 | Second Saturday |
13 July 2024 | Second Saturday |
10 August 2024 | Second Saturday |
14 September 2024 | Second Saturday |
12 October 2024 | Second Saturday |
9 November 2024 | Second Saturday |
14 December 2024 | Second Saturday |
Conclusion
In conclusion, being aware of the bank holidays in India for 2024 is crucial for effective planning and organization. This comprehensive guide by month and region ensures individuals and businesses can align their schedules with the anticipated holidays. Whether celebrating festivals, observing religious occasions, or enjoying national events, understanding the holiday calendar allows for seamless coordination. It is essential to note that the listed holidays are indicative, and regional variations may apply. Staying informed about these dates ensures a well-balanced and efficient year ahead, fostering a harmonious blend of work and leisure for people across different states in India.
FAQ’s
Why is it important to be aware of bank holidays in India for 2024?
Understanding the bank holidays allows individuals and businesses to plan their activities effectively, ensuring timely financial transactions and holiday celebrations.
Is the list of bank holidays the same for all states in India?
No, some holidays are observed nationwide, while others may vary by state. It's essential to check the specific bank holiday calendar for each region.
Are these holidays applicable to all banks in India?
Yes, the list includes holidays observed by all banks across India, including public and private sector banks.
Can the dates of bank holidays change during the year?
While the list is generally fixed, some holidays might be subject to change based on regional government notifications. It's advisable to stay updated with any announcements.
How can I find out about additional regional holidays in my state?
Check with the local government or bank authorities for any state-specific holidays not included in the nationwide list. They can provide accurate and up-to-date information.
Can banks provide information on specific regional holidays?
Yes, banks often publish comprehensive holiday calendars that include both national and regional holidays. Customers can check with their respective banks for accurate information.
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