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The year 2021 is about to come to an end and we are going to enter 2022. As we step into 2022, it is important for all the customers to know when the banks will remain closed in the month of January 2022, so that they can plan their banking activities accordingly.

The Reserve Bank of India (RBI) has released a list of bank holidays for January 2022 which states that banking activities in the country will remain affected for nine days. They will also remain shut on the second and fourth Saturdays and Sundays in the next month.

All the public and private banks will remain shut for 16 days in January 2022, but one must note that online services such as mobile and internet banking will continue to operate on holidays.

How will the banking services be affected?

When the banks will remain shut, customers will not be in a position to withdraw and deposit money at their bank branches. But, they will have access to online banking services and Automatic Teller Machines (ATMs).

The banks will not shut their operations for 16 days in all the states and Union Territories as it is in the hands of the state governments to decide on regional holidays. The banks in India observe holidays on occasions such as Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), Christmas (December 25) and others. For every state, bank holidays are different.

List of bank holidays in January 2022

DATEHOLIDAYCITY/STATE
JANUARY 1New YearAcross India
JANUARY 2Sunday
JANUARY 4LoosongSikkhim
JANUARY 8Second Saturday
JANUARY 9Sunday
JANUARY 11Missionary DayMizoram
JANUARY 12Birth of Swami VivekanandaKolkata
JANUARY 14Makar SankrantiMany states
JANUARY 15PongalTamil Nadu, Puducherry, Andhra Pradesh
JANUARY 16Sunday
JANUARY 18Thai PoosamChennai
JANUARY 22Fourth Saturday
JANUARY 23Sunday
JANUARY 26Republic DayAcross the country
JANUARY 30Sunday
JANUARY 31Me-Dam-Me-PhiAssam

How does the RBI grants holidays?

The Central Bank issues a list of bank holidays and gives holidays to the banks under three categories. These three categories include Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday and Banks’ Closing of Accounts.

Author

India today

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