Are Banks Open Or Closed Today, January 1? Check Bank Holiday List For This Month

Are Banks Open Or Closed Today, January 1? Banks will remain closed on January 1 and January 2, 2026, under the RBI-notified holiday calendar.

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What is the story about?

Bank Holidays This Week: Banks will remain closed on January 1 and January 2, 2026, under the RBI-notified holiday calendar. These holidays are not uniform nationwide and vary from state to state. That means on some dates, banks in certain states will remain closed, while in others, they will function normally.

Are Banks Open Or Closed On New Year, January 1?

A lot of customers are willing to know if banks are open on January 1. Well, the answer depends on where you reside.

On Thursday, January 1, 2026, banks will be closed only in Aizawl, Chennai, Gangtok, Imphal, Itanagar, Kohima, Kolkata and Shillong. Apart from these mentioned cities and their states, banks will resume as usual.

Aizawl, Kochi, and Thiruvananthapuram have been marked under RBI holiday on January 2 for New Year Celebration/

Mannam Jayanthi. It means banks will be closed there on the same day.

During bank holidays, customers can continue to access services through net banking, mobile banking, UPI, and ATMs. However, cheque clearing and other over-the-counter services under the Negotiable Instruments Act will not be available.

Banks Timings

Most major banks in India, including SBI, Bank of India, and Punjab National Bank, operate between 10 am and 4 pm, while ICICI, HDFC, Axis, Yes Bank, and Kotak Mahindra Bank usually function from 9:30 am to 4:30 pm or 3:30 pm, depending on the branch. Bank of Baroda has slightly extended hours, operating between 9:45 am and 4:45 pm or 10 am to 5 pm, and Canara Bank typically works from 10 am to 3:30 pm.