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Both private and PSU banks are closed on the 2nd and 4th Saturday of every month. If some months have 5 Saturdays, then the 5th Saturday will be working. Let us now look at the list of bank holidays on Saturday 2024.
Bank Holidays on Saturday
The Reserve Bank of India announced in 2015 that the second and fourth Saturdays of every month will remain closed for all banks whether private or PSU. The banks will be working on other Saturdays. Moreover, banks are closed on Sundays and other public holidays. Here is a list of Saturday Bank holidays in 2024.
List of Saturday Bank Holidays 2024
Date | Day | Holiday |
|---|---|---|
13 January 2024 | Saturday | 2nd Saturday Bank Holiday |
27 January 2024 | Saturday | 4th Saturday Bank Holiday |
10 February 2024 | Saturday | 2nd Saturday Bank Holiday |
24 February 2024 | Saturday | 4th Saturday Bank Holiday |
9 March 2024 | Saturday | 2nd Saturday Bank Holiday |
23 March 2024 | Saturday | 4th Saturday Bank Holiday |
13 April 2024 | Saturday | 2nd Saturday Bank Holiday |
27 April 2024 | Saturday | 4th Saturday Bank Holiday |
11 May 2024 | Saturday | 2nd Saturday Bank Holiday |
25 May 2024 | Saturday | 4th Saturday Bank Holiday |
8 June 2024 | Saturday | 2nd Saturday Bank Holiday |
22 June 2024 | Saturday | 4th Saturday Bank Holiday |
13 July 2024 | Saturday | 2nd Saturday Bank Holiday |
27 July 2024 | Saturday | 4th Saturday Bank Holiday |
10 August 2024 | Saturday | 2nd Saturday Bank Holiday |
24 August 2024 | Saturday | 4th Saturday Bank Holiday |
14 September 2024 | Saturday | 2nd Saturday Bank Holiday |
28 September 2024 | Saturday | 4th Saturday Bank Holiday |
12 October 2024 | Saturday | 2nd Saturday Bank Holiday |
26 October 2024 | Saturday | 4th Saturday Bank Holiday |
9 November 2024 | Saturday | 2nd Saturday Bank Holiday |
23 November 2024 | Saturday | 4th Saturday Bank Holiday |
14 December 2024 | Saturday | 2nd Saturday Bank Holiday |
28 December 2024 | Saturday | 4th Saturday Bank Holiday |
FAQs On Bank Holidays in Saturday 2024:
1. Are all Saturdays bank holidays from 2024?
All banks whether private or PSU are closed for operations on the second and fourth Saturdays of every month. They are also shut on Sundays of the month and on all public holidays.
2. Who determines bank holidays and are they inclusive of all the different types of banks in India?
The Reserve Bank of India decides the bank holidays, and all the banks including cooperative, rural, regional, private, and public sector banks are closed on the second and fourth Saturdays of every month. They are also exempt from paying taxes on the second and fourth Saturdays of the month. This also holds good for Indian scheduled and non-scheduled banks.
3. Will ATMs be open on the second and fourth Saturdays of the month even if the banks are closed?
Yes, ATMs will continue to be open on the second and fourth Saturdays even if banks are closed.
4. Will internet banking services be available on the second and fourth Saturdays even if banks are closed?
Yes, internet banking services are available on the 2nd and 4th Saturdays, even if banks are closed. Internet banking services, such as NEFT, IMPS, and UPI payments can be used on the 2nd and 4th Saturdays, not inclusive of the RTGS mode of transfer.
5. Are the second and fourth Saturdays bank holidays?
Yes, the second and fourth Saturdays of every month are holidays.
6. Are all banks closed on Saturday Bank holidays?
Both Private & PSU banks are closed on the 2nd and 4th Saturdays of every month as announced by the Reserve Bank of India in 2015.