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Continuous holiday for banks in January 2018!!

Continuous holiday for banks in January 2018!!Banks may come across continuous holidays during certain months of the year on account of various occasions that falls one after another consequently. One such month is the first month of the upcoming year, January 2018!! Yes, January 2018 is going to have around 9 sets of continuous holidays for banks that ranges between 2 to 4 days for various states in India.

 

The continuous holidays are falling on the below mentioned occasions:

  • December 31, 2017 – Sunday
  • January 1, 2018 – New Year’s Day
  • January 2, 2018 – New Year Celebration
  • January 12, 2018 – Birthday of Swami Vivekananda
  • January 13, 2018 – Second Saturday
  • January 14, 2018 – Pongal / Uthran / Lohri / Bhogali Bihu / Hadaga / Poki
  • January 15, 2018 – Makar Sankranti/Uttarayana Punyakala Sankranti Festival / Thiruvalluvar Day
  • January 16, 2018 – Uzhavar Thirunal
  • January 21, 2018 – Sunday
  • January 22, 2018 – Saraswati Puja (Shree Pancham)/Basant Panchami
  • January 23, 2018 – Birthday of Netaji
  • January 25, 2018 – Statehood Day
  • January 26, 2018 – Republic Day
  • January 27, 2018 –Fourth Saturday
  • January 28, 2018 –Sunday

15 banks to be closed & merged into 5 major banks

States that have continuous holidays for 4 days, 13-Jan to 16-Jan:

  • Tamil Nadu

States that have continuous holidays for 4 days, 25-Jan to 28-Jan:

  • Himachal Pradesh

States that have continuous holidays for 3 days, 31-Dec to 02-Jan:

  • Mizoram

States that have continuous holidays for 3 days, 12-Jan to 14-Jan:

  • West Bengal

States that have continuous holidays for 3 days, 13-Jan to 15-Jan:

  • Andhra Pradesh
  • Karnataka
  • Pondicherry
  • Telangana

States that have continuous holidays for 3 days, 21-Jan to 23-Jan:

  • Tripura
  • West Bengal

States that have continuous holidays for 3 days, 26-Jan to 28-Jan:

  • All States & Union Territories

States that have continuous holidays for 2 days, 31-Dec to 01-Jan:

  • Manipur
  • Meghalaya
  • Sikkim
  • Tamil Nadu

States that have continuous holidays for 2 days, 21-Jan to 22-Jan:

  • Odisha

Click here to view nifty target for tomorrow.

There may be a huge crowd in bank on December 30, January 2, 3, 11, 12, 15, 16, 17, 20, 23, 24, 25 and 29 due to the continuous holidays. Keeping this and the holidays in mind, plan all your bank transactions well in advance, so that you do not end up in trouble. ATMs may also run out of cash and so plan all your withdrawals accordingly.

Recurring Deposit (RD) Interest Rates

 

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