Bank Holiday Today, January 24, 2026? Know If Banks Are Open or Closed This Saturday
Banking operations across India will be suspended today, January 24, marking the mandatory fourth Saturday holiday as per RBI guidelines. This closure initiates a four-day banking hiatus in states like West Bengal and Odisha, which also observed regional holidays on January 23. Regular branch services will resume nationwide on Tuesday, January 27, after the Republic Day closure.
Mumbai, January 24: Banking operations across India will be suspended on Saturday, January 24, as per the guidelines laid down by the Reserve Bank of India (RBI). This closure marks the mandatory fourth Saturday holiday, which applies to all public and private sector banks, including cooperative banks. For several states, this Saturday closure initiates a rare four-day banking hiatus that will extend through the Republic Day holiday on Monday, January 26.
Under current RBI regulations, banks in India follow a structured weekend schedule where the second and fourth Saturdays of every month are designated as official holidays. Since January 2026 began on a Thursday, the 24th of the month falls on the fourth Saturday. It is important to note that the first, third, and fifth Saturdays (where applicable) remain full working days for bank employees and customers. Bank Holidays in January 2026: From Mannam Jayanthi to Makar Sankranti and Republic Day, Banks To Remain Closed for 16 Days Next Month; Check Full List Here.
A Four-Day Holiday Streak for Select States/Cities
While the Saturday closure is nationwide, residents in Tripura, Odisha, and West Bengal are entering the second day of a prolonged break. Banks in these regions were already closed on Friday, January 23, to observe the birth anniversary of Netaji Subhas Chandra Bose and Saraswati Puja.
The upcoming schedule for these regions includes:
- January 23 (Friday): Regional Holiday (Netaji Jayanti/Saraswati Puja)
- January 24 (Saturday): Fourth Saturday (RBI Holiday)
- January 25 (Sunday): Weekly Off
- January 26 (Monday): Republic Day (National Holiday)
Banking branches across the country will resume regular operations on Tuesday, January 27.
Continuity of Digital Services in the Absence of Bank Branches Due to Holidays
Despite the physical closure of bank branches, the RBI has ensured that essential financial infrastructure remains unaffected. Customers can continue to use the following services without interruption:
ATM Facilities: Cash withdrawals and deposits at kiosks will remain available.
Digital Channels: Mobile banking apps and Internet banking portals will be fully operational for fund transfers (NEFT, RTGS, and IMPS).
UPI Payments: Unified Payments Interface (UPI) services for merchant payments and peer-to-peer transfers will function as usual. Dry Day List 2026: Month-Wise Dates When Alcohol Sales Are Restricted in India.
Planning for Next Week's Banking Work
Customers requiring services that necessitate a physical visit to the bank - such as submitting KYC documents, updating passbooks, or processing large-value demand drafts - are advised to plan their visits for early next week. Bank officials recommend using digital drop-boxes for cheques, though clearance will only be processed once branches reopen on Tuesday. Next month, banks will remain closed for a total of nine days.
(The above story first appeared on LatestLY on Jan 24, 2026 07:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).