Friday 18 April 2025
Plan for December 2024: Bank Holidays You Can’t Miss
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As the year comes to a close, both individuals and businesses must be aware of the upcoming bank holidays in December 2024. Banks across India will observe a range of holidays. Some of the holidays are nationwide and others are specific to certain states. This article provides a detailed state-wise list of bank holidays in December 2024. The article helps you to plan your financial transactions and banking activities accordingly.
Christmas Day
On December 25, banks across the country will be closed to celebrate Christmas, one of the most widely celebrated holidays.
New Year’s Eve
December 31 marks the end of the year, and banks across the country will be closed.
Feast of St. Francis Xavier (December 3)
The holiday is celebrated in Goa and honors the feast day of St. Francis Xavier, a prominent Catholic missionary. Banks in Goa will remain closed on this day.
Pa-Togan Nengminja Sangma (December 12)
The day is celebrated in Meghalaya to commemorate the martyrdom of the legendary freedom fighter Pa-Togan Nengminja Sangma. Banks in Meghalaya will be closed in his honor.
Death Anniversary of U SoSo Tham (December 18)
The day is also celebrated in Meghalaya. This day marks the death anniversary of U SoSo Tham, a renowned poet and literary figure. Banks will be closed to honor the legacy of U SoSo Tham.
Goa Liberation Day (December 19)
Goa Liberation Day is a significant occasion in Goa, celebrating the states liberation from Portuguese rule in 1961. Banks throughout Goa will be closed on this day.
Christmas Eve (December 24)
In the northeastern states of Mizoram, Nagaland, and Meghalaya, banks will be closed on December 24 in observance of Christmas Eve, preparing for the festive celebrations.
U Kiang Nangbah (December 30)
This day honors U Kiang Nangbah, a freedom fighter from Meghalaya. To honor his contributions, banks in Meghalaya will remain closed.
New Year’s Eve / Lossong / Namsoong (December 31)
December 31 is not only New Years Eve but also celebrated as Lossong and Namsoong, traditional festivals in Mizoram, Nagaland, and Meghalaya. Banks in these states will be closed.
In addition to the aforementioned holidays, banks in India observe statutory closures on certain days, including:
Second Saturday (December 14)
Banks nationwide will be closed on the second Saturday of the month, as per the standard banking practice.
Fourth Saturday (December 28)
Similarly, banks will be closed on the fourth Saturday of December.
Sundays
Banks will also be closed on all Sundays, which in December 2024 include December 1, 8, 15, 22, and 29.
While physical branches will be closed on these holidays, digital banking services such as UPI, IMPS, and net banking will remain available. Customers can continue to perform essential banking transactions through these online platforms.
For the most accurate and up-to-date information, it is advisable to consult your specific bank or visit the Reserve Bank of India’s official website. The approach will ensure that you have the latest details on bank holidays and any potential changes that may occur. Understanding the bank holidays in December 2024 is essential for planning your financial activities and avoiding any disruptions. Whether you need to visit a branch for transactions or rely on digital banking services, knowing the holiday schedule will help you stay organized. Use this comprehensive state-wise list to ensure smooth banking operations during the festive season.
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