Bank Holiday Update: Are Banks Open on Saturday, December 21, 2024 & Bank Holidays in December
As per the Reserve Bank of India's guidelines, banks in India remain closed on the second and fourth Saturdays of each month.
Bank Holidays
In India, banks follow the Reserve Bank of India’s (RBI) guidelines and are closed on the second and fourth Saturdays of each month. However, since today, December 21, 2024, falls on the third Saturday, all banks will remain open and continue regular operations. So, if you were planning to visit your bank today, you can go ahead as usual.
Will banks be open or closed on Saturday, December 21, 2024?
Banks will remain open on Saturday, December 21, 2024, as it is the third Saturday of the month. According to the RBI’s guidelines, banks are closed on the second and fourth Saturdays, but they remain open on the first, third, and fifth Saturdays unless otherwise specified in the holiday schedule.
Bank Holidays in December 2024
In December 2024, banks will be closed on several dates due to various holidays, including:
- December 24 (Thursday): Banks will be closed in Mizoram, Nagaland, and Meghalaya for Christmas Eve.
- December 25 (Wednesday): Banks will be closed across India for Christmas.
- December 27 (Friday): Banks will be closed in Nagaland for Christmas celebrations.
- December 30 (Monday): Banks will be closed in Meghalaya to observe the death anniversary of U Kiang Nangbah.
- December 31 (Tuesday): Banks will be closed in Mizoram and Sikkim for New Year’s Eve/Lossong/Namsoong.
What Banking Services Are Available on Bank Holidays?
Although bank branches will be closed on these holidays, customers can still access digital banking services such as net banking, mobile banking apps, UPI, and ATMs unless there is scheduled maintenance. These services will remain operational throughout the year. Additionally, you can also open fixed deposits or recurring deposits digitally on these days.
