Will banks be open on January 13 for Makar Sankranti and Pongal?

The Reserve Bank of India announced in 2015 that the second and fourth Saturdays of each month will see the closure of all Indian banks, both private and PSU.In light of several regional festivities that will take place around India in the upcoming weeks, banks will be closed in a number of states for three days straight this week. January 2024 will have about sixteen bank holidays overall.In observance of Uttarayana Punyakala/Makara Sankranti Festival/Maghe Sankranti/Pongal/Magh Bihu on January 15, banks will be closed in Karnataka, Orissa, Tamil Nadu, Andhra Pradesh, Telangana, Sikkim, and Assam, according to the holiday schedule of several states.

Because January 13 is the second Saturday of the month, Sunday is a recognized bank holiday, and Monday, January 15, is Makar Sankranti in many states, banks will be closed for three days in a row.The bank holiday list used by Center, on the other hand, exclusively adheres to the list maintained by the central government. In honor of Republic Day 2024, banks will only be closed on January 26 in all of the states in the nation.All bank holidays in January 2024 are listed here. On Tuesday, January 16, Thiruvalluvar Day, banks in Tamil Nadu were closed. Wednesday, January 17: Tamil Nadu and Chandigarh banks closed (Day of Sri Guru Gobind Singh Ji/Uzhavar Thirunal) Monday, January 22: Manipur's banks are closed (Imoinu Iratpa) Tuesday, January 23, Manipur: Banks closed (Gaan Ngai) Thursday, January 25: Bank holidays in Tamil Nadu, Maharashtra, and Uttar Pradesh (Thai Poosam/Md. Hazarat Ali's birthday) January 26 (Friday): Banks are closed nationwide, but they are open in West Bengal, Uttarakhand, and Tripura. In the meantime, all states observe Gandhi Jayanti (October 2), Independence Day (August 15), Republic Day (January 26), and Christmas (December 25) as central bank holidays. On January 1, New Year's Day, banks are closed in a few states as well.