January 1, 2025, marks the start of a new year and a series of holidays for banks in India. According to the Reserve Bank of India (RBI) holiday list for 2025, banks will observe a holiday on New Year’s Day in select cities. Here’s a detailed breakdown:
Cities Where Banks Are Closed on January 1, 2025
Banks will remain closed in the following cities on account of New Year’s Day or regional celebrations like Loosong/Namsoong:
- Aizawl
- Chennai
- Gangtok
- Imphal
- Itanagar
- Kohima
- Kolkata
- Shillong
Cities Where Banks Are Open on January 1, 2025
In most other cities, banks will remain operational, including:
- Agartala
- Ahmedabad
- Bengaluru
- Bhopal
- Chandigarh
- Delhi
- Jaipur
- Kochi
- Lucknow
- Mumbai
- Raipur
- Srinagar
- Thiruvananthapuram, and more.
Other Key Holidays in January 2025
- January 11: Second Saturday (Bank holiday nationwide)
- January 25: Fourth Saturday (Bank holiday nationwide)
- Republic Day (January 26): Falls on a Sunday, which is a public holiday.
Special Note on Bank Holidays
Bank holidays in India are categorized under:
- Holidays under the Negotiable Instruments Act
- Banks’ Closing of Accounts
These holidays vary by state and region, making it essential to check city-specific schedules. Additionally, banks remain closed on all Sundays and the second and fourth Saturdays of every month.
