Bank Holidays 2025: There are two Saturdays which are considered bank holidays every month, as directed by RBI’s guidelines. In January 2025 month overall, there are 8 special holidays identified by the Reserve Bank of India. That being said, January 11th is a Saturday and in many regions of India the day will also be special. But are banks closed on January 11?

Saturday, January 11, 2025:

Banks are generally closed on the second and fourth Saturdays of every month, while they work on the first and third Saturdays as normal. January 11 is a second Saturday, hence, banks will be closed across India.

RBI introduced the guidelines in September 2015, where all scheduled and non-scheduled banks – public, private, foreign, cooperative, regional rural and local area banks – will observe public holidays on second and fourth Saturdays.

What is opened and closed on January 11?

Under the financial market segment, all money market segments, namely, call/notice/term money, market repo and Collateralised Borrowing and Lending Obligation(CBLO) will remain open on all working Saturdays as on any normal business day. Also, the forex market and Government securities markets, along with all OTC derivative markets would remain closed on all Saturdays, as hitherto.

Payment Systems: As per the guidelines, payment systems will not be operated on second and fourth Saturdays but will operate for full days on working Saturdays. Payment systems typically include Real Time Gross Settlement (RTGS), National Electronic Fund Transfer (NEFT), Cheque Clearing operated by various Bankers’ Clearing Houses in the country including the grid-based Cheque Truncation System (CTS) and ECS suite [Electronic Clearing Service (ECS), Regional Electronic Clearing Service (RECS) and National Electronic Clearing Service (NECS)].

Also, processing of future value-dated transactions with value dates falling on second and fourth Saturdays will not be undertaken under the RTGS and ECS suite.

Apart from this, as per RBI’s holiday list for January 2025, banks will be closed on January 11 due to Missionary Day/Imoinu Iratpa in cities such as Aizawl and Imphal.

Bank holidays in India 2025, vary from state-to-state and city-to-city, though there are numerous Public Holidays in the year 2025 which are applicable throughout the country. Some of these holidays include Republic Day (Jan 26), Independence Day (Aug 15) and Gandhi Jayanti (Oct 2). Apart from these, there are important religious and festival holidays such as Diwali, Dussehra, Christmas, Eid, Guru Nanak Jayanthi, Good Friday, Ganesh Chaturthi, Budh Purnima etc.