The Reserve Bank of India (RBI) releases a list of bank holidays every month, and consumers should plan their banking activities in consideration of these holidays to avoid wasting time and potential financial loss.
List of Bank Holidays in December 2024:
- 1 December 2024, Sunday: World AIDS Day – Across India
- 3 December 2024, Tuesday: Feast of St. Francis Xavier – Goa
- 8 December 2024, Sunday: Holiday – Across India
- 10 December 2024, Tuesday: Human Rights Day – Across India
- 11 December 2024, Wednesday: UNICEF Birthday – Across India
- 14 December 2024, Saturday: Second Saturday – Across India
- 15 December 2024, Sunday: Holiday – Across India
- 18 December 2024, Wednesday: Guru Ghasidas Jayanti – Chandigarh
- 19 December 2024, Thursday: Goa Liberation Day – Goa
- 22 December 2024, Sunday: Holiday – Across India
- 24 December 2024, Tuesday: Christmas Eve – Mizoram, Meghalaya
- 24 December 2024, Tuesday – Guru Teg Bahadur’s Martyrdom’s Day – Punjab and Chandigarh
- 25 December 2024, Wednesday: Christmas – Across India
- 26 December 2024, Thursday: Kwanzaa – Across India
- 26 December 2024, Thursday: Boxing Day – Across India
- 28 December 2024, Saturday: Fourth Saturday – Across India
- 29 December 2024, Sunday: Holiday – Across India
- 30 December 2024, Monday: Tamu Losar – Sikkim
- 31 December 2024, Tuesday: New Year’s Eve – Mizoram
| Name of the holidays | Bank Holidays |
|---|---|
| website | https://rbi.org.in/ |
| Check Holiday Dates | Bank Holidays |
Understanding Bank Holidays in India
India observes a diverse range of bank holidays throughout the year. These holidays can be broadly classified into three categories:
- National Holidays: Designated by the RBI and applicable nationwide (e.g., Independence Day).
- State-Specific Holidays: Celebrated for regional festivals and observances (e.g., Beh Dienkhlam in Meghalaya).
- Weekly Closures: Banks are typically closed on the second and fourth Saturdays and Sundays every month.
Why Knowing Bank Holidays is Important
- Planning financial transactions: Ensure your checks and payments are processed on time.
- Avoid unnecessary trips: Save time by not visiting banks when closed.
- Scheduling appointments: Book any necessary appointments around these holidays.
Tips for Staying Informed
- Bookmark the RBI website for national holiday announcements.
- Check your bank’s website or app for a comprehensive holiday calendar.
- Look for local news updates regarding state-specific holidays.
Even on bank holidays, internet banking, mobile banking, UPI, and ATM services operate as usual. You can easily manage your financial transactions without physically going to the bank.