Home Business December 2023 bank holiday list: For Christmas, banks will remain closed for up to 5 days in these states – Times of India

December 2023 bank holiday list: For Christmas, banks will remain closed for up to 5 days in these states – Times of India

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December 2023 bank holiday list: For Christmas, banks will remain closed for up to 5 days in these states – Times of India

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Christmas 2023 bank holidays: This year, Christmas coincides with Monday, leading to the closure of banks nationwide. As per the Reserve Bank of India’s (RBI) holiday calendar, bank branches in various regions of the country will remain closed for up to five days during Christmas, which includes weekends.
December 25, which is Christmas, is on a Monday.Preceding this, December 23 marks the fourth Saturday, and December 24 is a Sunday; hence, resulting in a continuous three-day holiday in some states. Additionally, Christmas festivities extend in Kohima till December 26 and December 27, resulting in a five-day closure for banks.
Christmas state-wise bank holiday list

  • December 25 (Monday)– (Christmas)- Banks are closed in all states
  • December 26 (Tuesday)– Christmas Celebration- Banks are closed in Mizoram, Arunachal Pradesh, Meghalaya
  • December 27 ( Wednesday)– Christmas- Banks are closed in Arunachal Pradesh

Bank holidays in December 2023
As per the Negotiable Instruments Act of 1881, bank holidays are categorised into four segments: Real-Time Gross Settlement Holiday, Holidays Under Negotiable Instruments Act, and Banks’ Closing of Accounts Holiday.
On State Inauguration Day/Indigenous Faith Day, Feast of St. Francis Xavier, Pa-Togan Nengminja Sangma, Losoong/Namsoong, Death Anniversary of U SoSo Tham, Goa Liberation Day, Christmas, and U Kiang Nangbah, banks will remain closed.

Online banking services will remain accessible
Throughout this period, online banking services will be accessible. Most tasks can be accomplished through mobile/internet banking. However, for any paperwork, it is advisable to plan accordingly by considering the holiday schedule.
Bank holidays list

December 2023 1 4 5 12 13 14 18 19 25 26 27 30
Agartala
Ahmedabad
Aizawl
Belapur
Bengaluru
Bhopal
Bhubaneswar
Chandigarh
Chennai
Dehradun
Gangtok
Guwahati
Hyderabad – Andhra Pradesh
Hyderabad – Telangana
Imphal
Itanagar
Jaipur
Jammu
Kanpur
Kochi
Kohima
Kolkata
Lucknow
Mumbai
Nagpur
New Delhi
Panaji
Patna
Raipur
Ranchi
Shillong
Shimla
Srinagar
Thiruvananthapuram

Holiday under Negotiable Instruments Act
Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
Banks’ Closing of Accounts

December 2023 bank holiday description

Holiday Description Day
State Inauguration Day/Indigenous Faith day 1
Feast of St. Francis Xavier/Cyclone Michaung 4
Cyclone Michaung 5
Pa-Togan Nengminja Sangma 12
Losoong/Namsoong 13
Losoong/Namsoong 14
Death Anniversary of U SoSo Tham 18
Goa Liberation Day 19
Christmas 25
Christmas Celebration 26
Christmas 27
U Kiang Nangbah 30

Table source: RBI website



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