Bank holiday today: Are banks open or closed on Saturday, January 18 | Check full list for this month | Mint

May Be Interested In:Rob Lowe reacts to Demi Moore’s winning streak at Critics Choice Awards and Golden Globes


Bank holiday today: Banks will remain open on Saturday, January 18, 2024, according to the Reserve Bank of India (RBI) calendar. Typically, banks are open on the first and third Saturdays of every month, whereas they remain closed on the second and fourth Saturdays. January 18 is the third Saturday of the month, therefore the banks will be open on this day.

The RBI categorises bank holidays under the Negotiable Instruments Act into three types: Real-Time Gross Settlement (RTGS) holidays and banks’ closing of accounts. The bank holidays are informed through the RBI’s official channels, which are the website and notifications to banks.

Also Read | Mint BFSI Summit | Bankers bat for job creation, tax incentives in budget 2025

January 18 is designated as a holiday under the Negotiable Instruments Act, which deals with issuing cheques and promissory notes. Transactions involving these instruments will not be available during the holidays.

Meanwhile, online banking services will be available across the country during bank holidays to ensure seamless access to banking services, even on bank holidays. Customers can use these services for convenient financial transactions.

Also Read | RBI allows NRIs to open rupee accounts abroad

Fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms, and chequebook forms. Credit cards, debit cards, and ATM cards can be availed through card services. Additionally, services such as account maintenance forms, setting up standing instructions, and applying for a locker are available.

Bank holidays in January

The next designated bank holiday is January 23, on account of Netaji Subhas Chandra Bose’s birthday, Vir Surendrasai Jayanti, and general elections to the Municipal Local Bodies. Banks will remain closed in certain parts of the country. There are 13 designated bank holidays in January, including weekends.

Also Read | Fixed interest rate from banks must for personal loans with EMIs: RBI in FAQ

Bank holidays in January 2025: Check full list

January 1- New Year’s Day/Loosong/Namsoong

Banks will remain closed on 1 January 2025 in Aizawl, Chennai, Gangtok, Imphal, Itanagar, Kohima, Kolkata, and Shillong.

January 2- Loosong, Namsoong, New Year Celebration

Banks will remain closed in Aizwal, Gangtok

January 6- Sri Guru Gobind Singh’s Birthday

Banks will remain closed in Chandigarh

January 11- Missionary Day, Imoinu Iratpa, Second Saturday

Banks will remain closed in Imphal, Aizwal

January 14-Makar Sankranti, Uttarayana Punyakala, Pongal, Maghe Sankranti, Magh Bihu, Birthday of Hazarat Ali

Banks will remain closed in Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok,Guwahati, Hyderabad – Andhra Pradesh, Hyderabad- Telangana, Itanagar, Kanpur, Lucknow.

January 15-Thiruvalluvar Day

Banks will remain closed in Chennai

January 16-Uzhavar Thirunal

Banks will remain closed in Chennai

January 23- Birthday of Netaji Subhas Chandra Bose/Vir Surendrasai Jayanti

Banks will remain closed in Agartala, Bhubaneswar, Kolkata

January 25- Fourth Saturday

January 26- Sunday, Republic Day

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsIndustryBankingBank holiday today: Are banks open or closed on Saturday, January 18 | Check full list for this month

MoreLess

share Share facebook pinterest whatsapp x print

Similar Content

Canada’s foreign interference inquiry report lands Tuesday. What to know - National | Globalnews.ca
Canada’s foreign interference inquiry report lands Tuesday. What to know – National | Globalnews.ca
Flooding in Ingham in Queensland, Wednesday, February 5 (Image: AAP/Adam Head)
As Lismore’s library reopens, recovery yet to begin in Ingham. Welcome to the endless cost of climate change
New Scientist. Science news and long reads from expert journalists, covering developments in science, technology, health and the environment on the website and the magazine.
Swarms of tiny robots coordinate to achieve ant-like feats of strength
Nigel Farage smiling with the Reform UK logo behind him
Nigel Farage’s Reform UK overtakes Labour in new opinion poll
Access Denied
How Just Dance saved my Christmas | Dominik Diamond
How Just Dance saved my Christmas | Dominik Diamond
Global News Break: The Events that Shape Tomorrow | © 2025 | Daily News