Makar Sankranti Bank Holiday: Will banks be closed in your city on Makar Sankranti? Check RBI's holiday calendar

Makar Sankranti Bank Holiday: As the Sun moves into Capricorn, Makar Sankranti, a widely celebrated festival, marks the beginning of the harvest season. This year, Makar Sankranti falls on January 14, and it is known by various names like Khichdi, Pongal, Uttarayan, and Kite Festival. On this day, banks across several cities in India remain closed. If you're wondering whether banks will be closed in your city, here’s what the Reserve Bank of India (RBI) calendar has to say.

Where Will Banks Be Closed on 14th January?

According to the RBI's official holiday calendar, banks will remain closed on Tuesday, January 14, 2025, in several cities. These cities include Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Hyderabad (Andhra Pradesh), Hyderabad (Telangana), Itanagar, Kanpur and Lucknow, where Makar Sankranti will be observed as a public holiday.

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Other Bank Holidays in January

In addition to Makar Sankranti, banks in Chennai will also remain closed on January 15 and 16, 2025. January 15 will be observed as Thiruvalluvar Day, while January 16 will be a holiday for Uzhavar Thirunal in Chennai. On January 23, 2025, banks in Kolkata, Agartala, and Bhubaneswar will be closed in observance of Netaji Subhash Chandra Bose Jayanti and Veer Surendra Sai Jayanti. Additionally, January 25, 2025, will see a nationwide bank holiday as it is the fourth Saturday of the month.

State-Specific Bank Holidays

It’s important to note that the list of bank holidays may vary across states. The RBI maintains a detailed holiday calendar that lists specific holidays for different states. This information can be accessed on the official RBI website, which provides the complete list of holidays in accordance with regional festivals and observances.

Online Banking Services Remain Available

Even though banks will be closed on these holidays, customers need not worry about their banking tasks. With the rise of digital banking, many services remain accessible online. You can complete a range of banking transactions from the comfort of your home, ensuring that your work continues seamlessly, even on holidays.