The year of 2025 is in its fourth week and therefore it also happens to be fourth week of the month. This means banks in the country will not be operational on Saturday, January 25, 2025.
Bank Holiday, This Saturday?
The banking system is the backbone of the economic system, and it is at the centre of micro and macro factors of the economy, especially in country like India, which has a rich and diverse realm in place.
The country has a mix of strong and large public sector banks, co-existing with valuable private banking enterprises.
A significant part of the Indian workforce works in the service sector and many of these entities that employ them have 6-day and 5-day workweeks.
Therefore, Saturday becomes crucial for these individuals to carry out their banking-related activities.
This Saturday, however, will not be the day, when individuals will be able to exercise the use of physical offices.
Banks will be operational on Monday, January 27, after Republic Day celebrations on Sunday, 26 January.
In addition, there are no other holidays for the remainder of January
What Can Consumers in Need Do?
Unless bank customers or account holders are specifically informed otherwise, all banks are open for business on weekends and other holidays and are accessible through their mobile banking apps and internet websites for cash emergencies.
Representative Image
One can also take out cash from any bank’s ATM. In case of emergencies, it is advisable to communicate with the bank.
Services like ATM, UPIs and other virtual means of transactions are not expected to be affected, unless banks inform their customers otherwise, for maintenance or security-related reasons.
Moreover, IMPS and NEFT services are also available for fund transfers and other financial transactions.
