Bank Holidays in India for 2024: A Comprehensive List

bySurobhi BoseLast Updated: December 22, 2023
List of BSE holidays

Among the various important dates to remember, bank holidays hold a significant place. Having a thorough understanding of the bank holidays in 2024 can help individuals and businesses plan their financial activities and transactions without any hassle.

To make your planning easier, we’ve compiled a comprehensive list of bank holidays in India for 2024, including both national and regional holidays. Follow this detailed guide to avoid any inconvenience. This list will provide you with all the essential details on bank holidays in 2024, categorized month by month.

Bank Holidays in January in India, 2024

Bank Holidays in February in India, 2024

Bank Holidays in March in India, 2024

Bank Holidays in April in India, 2024

Bank Holidays in May in India, 2024

Bank Holidays in June in India, 2024

Bank Holidays in July in India, 2024

Bank Holidays in August in India, 2024

Bank Holidays in September in India, 2024

Bank Holidays in October in India, 2024

Bank Holidays in November in India, 2024

Bank Holidays in December in India, 2024

Note: The 2nd and 4th Saturday of every month is considered a bank holiday for both public and private sector banks in India. We recommend checking the bank holidays 2024 for new updates regularly and verifying it with the list of holidays issued by the Reserve Bank of India.

Also Check: List of Gazetted and Public Holidays in 2024

Types of Bank Holidays, 2024

There are two types of bank holidays: Public holidays and national holidays. 

The national holidays include Republic Day, Independence  Day, and Mahatma Gandhi Jayanti. The national holidays are also known as gazetted holidays and all the banks and financial institutions remain shut on these days. 

Public holidays are classified as central government bank holidays or state government bank holidays. Although central Government bank holidays are common across the country, the state government bank holidays differ from state to state. For example, Haryana Day is a bank holiday in Haryana, Goa Liberation Day is a bank holiday in Goa.

Second and Fourth Saturday Bank Holidays 2024 in India

Disclaimer: This blog is written to make it easy for readers to understand complicated processes. Some information and screenshots may be outdated as government processes can change anytime without notification. However, we try our best to keep our blogs updated and relevant.

FAQs

Is New Year’s Day a bank holiday for banks in India?

Yes, New Year’s Day is considered a bank holiday for all banks in India. However, it’s important to note that while New Year’s Day is a bank holiday, it is not a mandatory public holiday for all businesses and organizations in India. The holiday observance may vary by employer and state.

When are banks in India closed?

Banks in India are closed on the second and fourth Saturday of every month, as well as on all national holidays and regional state holidays.

Do all state holidays apply as bank holidays in India?

No, not all state holidays are considered bank holidays in India.

Is Diwali a bank holiday?

Yes. In many states, banks will not operate on Diwali, as well as other significant festivals like Eid, Christmas, Good Friday, and Holi, as they are observed as bank holidays.

Is Holi a bank holiday?

Yes. Banks in various states will remain closed on Holi, as well as other significant festivals such as Good Friday, Diwali, Christmas, and Eid. These holidays are observed as non-working days by banks in those regions.

Is the 2nd and 4th Saturday a bank holiday in India?

Yes, the 2nd and 4th Saturdays are bank holidays in India.

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