As 2025 draws to a close, customers across India are seeking clarity on banking schedules for the crucial year-end dates of December 31 and January 1. The availability of banking services will vary significantly depending on the state, making it essential for individuals and businesses to plan their financial transactions in advance. Being aware of the specific holiday calendar can help avoid last-minute hassles and ensure smooth access to necessary services.
State-Wise Bank Closures on New Year's Eve
While most of India will see banks operating normally on December 31, 2025, two states will observe a full closure. Banks in Mizoram and Arunachal Pradesh will remain shut on New Year's Eve. This closure is in observance of New Year's Eve and the festival of Imoinu Iratpa. Customers in all other states can typically expect their local branches to be open for business on this day, though it is always advisable to confirm with your specific branch.
Widespread Closures on New Year's Day
The list of states with bank holidays expands significantly on January 1, 2026, which marks New Year's Day. Financial institutions in the following eight states will be closed:
- Mizoram
- Tamil Nadu
- Sikkim
- Manipur
- Arunachal Pradesh
- Nagaland
- West Bengal
- Meghalaya
The holiday is declared for New Year’s Day and the Gaan-Ngai festival. It is crucial for account holders in these regions to note this schedule to plan any in-branch activities accordingly.
Navigating Banking Needs During the Holidays
A bank holiday does not mean a complete halt to all financial services. Customers are encouraged to leverage the wide array of digital banking platforms available for uninterrupted access. The following services will remain operational even on holidays:
- Online banking portals and mobile apps
- ATM services for cash withdrawals
- UPI for instant fund transfers and payments
- Net banking for bill payments and routine transactions
However, services that require physical branch presence, such as large cash deposits, cheque clearances, and demand draft issuance, will not be available on these declared holidays. The Reserve Bank of India (RBI) mandates that banks also remain closed on every second and fourth Saturday of the month, a pattern that continues alongside these festive closures.
With the festive period often involving significant financial activity, proactive planning is key. Customers should complete any branch-dependent tasks ahead of the holidays and make full use of secure digital channels to manage their finances seamlessly as they welcome the New Year.
