Today, December 14, 2024, is a bank holiday as it falls on the second Saturday of the month, when banks across India will remain closed. Customers are advised to check with their local branches for confirmation of holiday timings to avoid any confusion.
Bank Holiday Today: What is the Status of Bank on, Sat Dec 14, 2024?
Regarding the RBI holiday calendar of December 2024, the banks, both, public and private sectors in India, will remain closed on two Saturday and five Sunday. Besides national and local probable holidays and limited neigbouring state holidays, the banks remain shut on the second and fourth Saturday of each month.
Why are banks closed today?
Banks will be shut for business on the second Saturday of December 2024 that is 14th of December.
These customers are required to note that the bank holidays differ from state to state. It is therefore advisable to consult with your branch of the locally based bank to confirm their holiday dates.
Key Bank Holidays in December 2024:
December 14: Second Saturday (pan India)
December 15: Sunday (pan India)
December 18: Meghalaya, Wednesday – Death Anniversary of U SoSo Tham
December 19: Thursday – Goa Liberation Day (Goa)
December 22: Sunday (pan India)
December 24: Tuesday – Christmas eve (Mizoram, Nagaland, Meghalaya)
December 25: Christmas – Wednesday (across India)
December 26: Thursday – Christmas celebration (Mizoram, Nagaland and Meghalaya)
December 27: Friday – Christmas Celebration (Mizoram/ Nagaland / Meghalaya)
December 28: Fourth Saturday (pan India)
December 29: Sunday (pan India)
December 30: Monday – U Kiang Nangbah from Meghalaya.
December 31: Tuesday – New Year’s Eve / Lossong / Namsoong (Mizoram, Sikkim)
What Business is Affected by Bank Holidays?
You will not be able to go to a bank on any banking day because the branches will be shut down. Further, functional services which necessitate visits to the branch for instance large transactions, cash deposit or other payments services will not be available.
The RBI classifies holidays into three types: as provided under Negotiable Instruments Act, Real Time Gross Settlement holidays, and holidays for closing of Banks accounts.
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