14 bank holidays in January 2023 across India, check and plan accordingly

As we are all set to enter the New Year 2023 in a few hours, it is better to be aware of bank holidays beforehand and plan our finances and payments accordingly. Depending on different states, banks in India will observe a number of holidays this month. So, it is important for all the customers to be informed. 

First, let’s take a look into the number of bank holidays in the month of January 2023 for Odisha:

• January 1 – Sunday (Banks will remain closed on January 1 due to New Year’s Day)

• January 8 – Sunday

• January 14 – Second Saturday

• January 15 – Sunday

• January 22 – Sunday

• January 26 – Banks will be closed across the country due to Republic Day

• January 28 – Fourth Saturday

• January 29 – Sunday

However, banks across India will be closed for up to 14 days including second and fourth Saturdays as well as Sundays. Many of the bank holidays are state-specific as the RBI has placed the holidays under three brackets:

1. Holiday Under Negotiable Instruments Act

2. Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday

3. Banks’ Closing of Accounts.

Here's the full list of Bank holidays in January 2023 across India:

*Jan 1: Sunday & New Year’s Day 

*Jan 2: Banks will remain closed in Aizawl due to New Year’s Celebration.

*Jan 3: Banks will remain closed in Imphal due to Imoinu Iratpa.

*Jan 4: Banks will remain closed in Imphal due to Gaan-Ngai

*Jan 8: Sunday 

*Jan 14: Second Saturday

*Jan 15: Sunday 

*Jan 16: Banks will remain closed in Chennai due to Thiruvalluvar Day

*Jan 17: Banks will remain closed in Chennai due to Uzhavar Thirunal 

*Jan 22: Sunday 

*Jan 23: Banks will remain closed in Kolkata due to Netaji's Birth day 

*Jan 26: Banks closed across the country due to Republic Day

*Jan 28: Fourth Saturday

*Jan 29: Sunday