Bank Holidays In January 2022: Banks Will Remain Shut For 16 Days In January

With New Year beginning, there's a whole new set of bank holidays in January 2022 to look forward to. You need to know all the bank holidays across various states in India not just to know when to avoid visiting the bank but also to plan long, weekend getaways.

Most Indian banks’ functions are regulated by the Reserve Bank of India. In fact, banking schedules and holidays are also governed by the Reserve Bank of India (RBI) regulations. Public sector banks and private sector banks both are not working on Sunday and second and fourth Saturdays of every month.

Bank holidays in January 2022 | Stock Images

Bank holidays in India come with a variety of flavours -- it's a mix of mandated holidays by the banking sector, plus a whole set of festive and commemorative holidays authorised by various states. In January 2022 banks will be closed for up to 16 days across the country. This January bank holidays list includes the second and fourth Saturdays, as well as Sundays. Apart from the weekly offs, the only national holiday on which banks will be closed is Republic Day, which falls on January 26 (Wednesday). While some cities like Bhopal, Bhubaneshwar, Chandigarh observe bank holidays on January 26 others cities do not.?

Here is the list of bank holidays in January 2022 across the states

Bank holidays in January 2022 are listed by the State Government, Central Government, and Union Territories under the Negotiable Instruments Act, 1881. The regular holidays applicable to the institutions in every state cover banks too. Bank holidays fall under four categories namely weekend holidays on Sundays, monthly holidays on the second and fourth Saturdays, national holidays and regional holidays. While the first three types of holidays are applicable throughout India, the regional holidays differ from state to state.

Bank Holidays In January 2022 | Unsplash

Here's the state-wise list of bank holidays in January 2022:

January 1, Saturday - New Year bank holiday

The bank will be shut across the country on January 1 on account of the New Year 2022 holiday.

January 2, Sunday - weekend bank holiday

The bank will be shut across the country on January 2 on account of the weekend holiday.

January 4, Tuesday - Sikkim Losoong bank holiday

Bank Holidays In January 2022 | Image Credit : Adotrip

The bank will remain shut on January 4 in Sikkim on the occasion of Losoong celebration. The Losoong festival is celebrated on the occasion of the end of the harvest season and the end of the tenth month of the Tibetan Year in the rural Sikkim. In this festival, the Chaam dances are performed at the Tsu-La-Khang monastery, Phodong monastery and Rumtek monastery.

January 8, Saturday - second Saturday bank holiday

On January 8 banks will remain closed across the country because of the second Saturday.

January 9, Sunday - bank weekend holiday

On September 12, banks will be closed across the country due to weekly off.

January 11, Tuesday - Missionary Day bank holiday

The bank will be shut in Mizoram on January 11 on account of Missionary Day.

January 12, Wednesday - Swami Vivekananda Jayanti or National Youth Day bank holiday

Navbharat Times

National Youth Day or Swami Vivekananda Jayanti is observed every year on January 12 across the country. On this day many states banks will remain closed.

January 14, Friday - Magh Bihu, Makar Sankranti bank holiday

Bank Holidays In January 2022 | Image Credit : Unsplash

On January 14, banks will remain closed in several states on account of Magh Bihu, Makar Sankranti and Tusu Puja.

January 15, Saturday - Pongal bank holiday

On January 15, banks will remain closed in Tamil Nadu and Andhra Pradesh on account of Pongal and Tiruvalluvar Day.

January 16, Sunday - bank weekend holiday

On January 16, banks will observe weekend holidays across the country.

January 22, Saturday - fourth Saturday bank holiday

On January 22 banks will remain closed across the country because of the fourth Saturday.

January 23, Sunday - weekend bank holiday

On January 23, banks will observe weekend holidays across the country.

January 25, Tuesday - Statehood Day bank holiday in Himachal Pradesh

Statehood Day is observed every year on January 25 in Himachal Pradesh. The day is a regional public holiday in the state.

January 26, Wednesday - Republic day bank holiday

Bank Holidays In January 2022 | Image Credit : Unsplash

Banks will remain closed in all cities except Agartala, Bhopal, Bhubaneswar, Chandigarh, Guwahati, Imphal, Jaipur, Kochi and Srinagar.

January 30, Sunday - weekend bank holiday

On January 30, banks will observe weekend holidays across the country.

January 31, Monday - Me-Dam-Me-Phi bank holiday in Assam

Me-Dam-Me-Phi is observed on January 31 in Assam. The day is a regional public holiday in the state.

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