Banks will remain closed in some states of the country on Thursday, 26 December. According to the Reserve Bank of India (RBI), banks will remain closed due to Christmas celebrations in states like Mizoram, Nagaland, and Meghalaya. However, bank branches in other states like Delhi, Uttar Pradesh, Rajasthan, Punjab, Haryana, Maharashtra, Madhya Pradesh will remain open normally.
Why is 26th December a holiday?
A holiday has been declared in Mizoram, Nagaland and Meghalaya on December 26, the day after Christmas. Christmas has special significance in these states and is celebrated with great enthusiasm and pomp.
- Objective:
This holiday is given to give people a chance to enjoy the festival with their family and community. - Caution:
Bank customers have been appealed to plan their financial operations in advance, so that any kind of inconvenience can be avoided.
Banks will remain closed during Christmas celebrations
In these states, banks, markets, schools and offices usually remain closed during Christmas.
- Religious and Social Importance:
People participate in prayer meetings, organize cultural programs, and follow traditional customs.
During bank closure, customers can settle their financial transactions using net banking and mobile banking.
Complete list of Christmas and New Year holidays
Bank Holidays in December:
| Date | reason for leave | affected area |
|---|---|---|
| 25th December | Christmas (National Holiday) | Banks closed in all states. |
| 26th December | Christmas celebration | Mizoram, Nagaland, Meghalaya. |
| 27th December | Christmas celebration | In some states. |
| 28th December | fourth saturday | In all states. |
| 29 December | Weekly holiday (Sunday) | In all states. |
| 30th December | Yu Kiang Nangbah | In Shillong. |
| 31st December | New Year’s Eve (local holiday) | In some states. |
Due to holidays as per RBI
RBI has given religious and cultural reasons behind these holidays.
Main Holidays:
- Christmas: 25 December.
- Christmas Celebration: 26 and 27 December.
- Yu Kiang Nangbah: 30 December (Shillong).
- New Year’s Eve: December 31.
What to do when banks are closed?
- Use Digital Banking:
Use net banking, mobile banking and UPI. - Plan the transaction first:
Finish your financial work ahead of time. - Use ATM:
Rely on the nearest ATM to withdraw cash.
