Bank Holiday On Makar Sankranti: Are Banks Open Or Closed On Tuesday, January 14?

Last Updated: January 13, 2025, 10:53 IST

Makar Sankranti 2025 Bank Holiday: Bank vacations in India differ throughout states and are stated every year under the Negotiable Instruments Act by the RBI.

Bank Holiday On Makar Sankranti 2025: With the joyful spirit of January industrious, India is readied to commemorate Makar Sankranti on Tuesday, January 14, 2025. This event, representing the shift of the Sun right into the zodiac indicator of Capricorn, is noted by kite flying, banquets of sesame sugary foods, and jubilant social celebrations. However, the inquiry occurs: will financial institutions be open on now?

According to the Reserve Bank of India (RBI), financial institutions will certainly stay shut on January 14 in numerous components of the nation. The closures are observed for celebrations commemorated under different names, such as Makar Sankranti, Uttarayana Punyakala, Pongal, Maghe Sankranti, Magh Bihu, and the Birthday of Hazrat Ali.

Banks in the complying with cities will certainly be shut on January 14:

• Ahmedabad
• Bengaluru
• Bhubaneswar
• Chennai
• Gangtok
• Guwahati
• Hyderabad
• Itanagar
• Kanpur
• Lucknow

Banks in Delhi- NCR and Other Regions

In areas like Delhi- NCR, financial institutions will certainly stay open on both January 13 and January 14 as these days are not noted as vacations in the RBI’s main schedule. Banking solutions will certainly likewise stay untouched in numerous various other components of the nation.

The Cultural Significance Behind the Closures

Makar Sankranti is commemorated in various methods throughout India, showcasing the nation’s multiculturalism:

• Makar Sankranti: A celebration noting completion of winter season and the start of a brand-new farming cycle.
• Uttarayana: Celebrated in Gujarat, this notes the northward activity of the Sun.
• Pongal: A four-day harvest event in Tamil Nadu revealing gratefulness to nature and the Sun.
• Maghe Sankranti: Celebrated in areas like Sikkim and Nepal, it notes the harvest period.
• Magh Bihu: Assam’s harvest event, likewise referred to as Bhogali Bihu.
• Birthday of Hazrat Ali: Observed on the 13th day of Rajab in the Islamic schedule, celebrating the birth of Hazrat Ali, the 4th Caliph of Islam and the initial Imam of Shia Islam.

Additionally, the last weekday national holiday in January 2025 will certainly get on January 23, when financial institutions in Kolkata, Bhubaneswar, and Agartala will certainly near to memorialize Netaji Subhas Chandra Bose’s Birthday and Vir Surendrasai Jayanti.

Important Notes for Customers

Bank vacations in India differ throughout states and are stated every year under the Negotiable Instruments Act by the RBI. Transactions including cheques and cosigned promissory notes will certainly not be refined on these vacations.

However, also in states where financial institutions are shut, electronic banking solutions and Atm machines will certainly stay functional, permitting consumers to perform crucial economic deals. Individuals and companies are suggested to examine their local vacation routines and strategy appropriately to stay clear of interruptions.