Sankranti, Republic Day, other holidays for banks in Hyderabad

Hyderabad: The banks in Hyderabad will remain closed for eight days in January 2024 due to Sankranti and other holidays, as announced by the Reserve Bank of India (RBI).

According to the RBI, there are a total of 17 holidays in the current month, including Sundays, the second, and fourth Saturdays. It’s essential to note that these holidays may vary from state to state, so not all banks across the country will be closed on all 17 days.

For residents of the city, banks will be closed on Sundays, the second Saturday, and the fourth Saturday. Additionally, banks in the city will remain closed for Sankranti and Republic Day.

While banks in Hyderabad will be closed on Sankranti and other holidays, customers can still access online banking operations.

List of holidays in January for banks in Hyderabad

Following is the list of holidays in January 2024 for banks in Hyderabad

1. January 7: Sunday
2. January 13: Second Saturday
3. January 14: Sunday
4. January 15: Sankranti
5. January 21: Sunday
6. January 26: Republic Day
7. January 27: Fourth Saturday
8. January 28: Sunday

Types of banks

In Hyderabad and other cities in India, various types of banks exist, each with its distinct characteristics and functions. Some types of banks in India include:

• Public sector banks
• Private sector banks
• Co-operative banks
• Regional rural banks
• Payment banks
• Small finance banks
• Foreign banks

Out of the 17 holidays in January 2024, each of these banks decides when to remain shut based on their state.