January 2024 Bank Holidays, How Many Holidays Are There In January?

Here we will talk about public holidays in January 2024 as they are searched by the public on the internet. The public is scouring the internet to find out more about public holidays in January 2024 and not just wanting to know all the details about them. So in this article we have brought the information about Public Holidays in January 2024 for our readers. Not only that we will also provide the details about its complete details as the public are searching for them online. So, keep reading the article to know more.

Public holidays in January 2024

The Reserve Bank of India (RBI) divides bank holidays into three categories: Negotiable Instruments Act holidays, Negotiable Instruments Act holidays and Real Time Gross Settlement holidays and bank account closure holidays. In January 2024, banks in India will be closed for a total of sixteen days. January in India has several important public holidays, including Republic Day on January 26 and New Year on January 1. Festivals, national holidays, the second and fourth Saturdays and all Sundays are included in these 16 days. Customers should be aware of these planned holidays if they have urgent banking needs.

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Public holidays in January 2024

Customers will not be allowed to visit bank branches on these days, but important digital services like internet, UPI and mobile banking will continue to operate as normal until further notice. The key thing to remember is that public holidays can vary. The State Government, Central Government and Union Territories Act, 1881 lists public holidays. There are three national holidays celebrated in India. This covers the public holidays of August 15 (Independence Day), January 26 (Republic Day) and October 2 (Mahatma Gandhi Jayanti). Bank holidays have been categorized by the RBI into three groups: Real Time Gross Settlement Holidays, Negotiable Instruments Act holidays and bank closure holidays.

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Banks will be closed on holidays like Good Friday, Diwali, Christmas, Eid, Guru Nanak Jayanthi and Ganesh Chaturthi. Although many states celebrate festivals like Diwali and Ganesh Chaturthi, each state has its own date for these celebrations. However, to complete the transaction, make sure these banking services are activated and the phone number is linked to get the OTP. Most banking transactions can be completed online through net banking and mobile banking. Internet banking is a type of electronic payment system that allows users to perform various non-financial and financial activities through the website of a financial institution. It is also called virtual banking, e-banking or internet banking.

Categories: Trends
Source: HIS Education

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