Bank Holiday Today: Are Banks Open or Closed for Netaji Subhas Chandra Bose Birthday?
Netaji Subhas Chandra Bose Birthday
Every year on January 23, India observes a national holiday in honor of the birthday of Netaji Subhas Chandra Bose, a key leader in India's independence movement. This public holiday affects bank operations, with many branches closed throughout the country. However, whether banks are closed can depend on the region and the specific bank. Public sector banks are generally more likely to be closed in observance of this holiday.
Bank Closures Today
Most public and private banks will be closed today, so individuals needing banking services should plan accordingly. Those who require urgent transactions should check with local branches, as private banks may have different operational hours or may remain open in certain regions. The closure could also affect services like cash withdrawals, deposits, and banking inquiries.
States Observing Bank Holiday
On this Thursday, all banking institutions, both private and public, will remain closed in observance of Parakram Diwas and the celebration of Vir Surendra Sai Jayanti. Parakram Diwas honors Netaji Subhas Chandra Bose, while Vir Surendra Sai Jayanti commemorates a prominent freedom fighter from Odisha. Bank holidays will be observed today, January 23, 2025, in several states to honor Netaji Subhas Chandra Bose's legacy, especially in West Bengal, his birthplace, as well as Tripura, Orissa, and Uttarakhand.
Online Banking Services
For those who may need to conduct business, many banks also provide online services. It is still possible to access accounts, transfer funds, or make payments through mobile banking apps or websites. However, in-person services at branches will be unavailable for the day. As per the RBI circular, banks will also remain closed mainly on the 2nd and 4th Saturday of every month.
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