December 2023 Bank Holidays You Need to Know

As we approach the end of the year, it’s essential to be mindful of the upcoming bank holidays that might impact your financial transactions. The Reserve Bank of India (RBI) has recently unveiled the list of bank holidays for December 2023, revealing that banks will remain closed for a total of 18 days throughout the month. Let’s take a closer look at the schedule and plan our banking activities accordingly.

Understanding the RBI Holiday Calendar:

The RBI holiday calendar is categorized into three sections: Negotiable Instruments Act, Holiday, Real-Time Gross Settlement Holiday, and Banks’ Closing of Accounts. This comprehensive list ensures that individuals and businesses can prepare for closures and make necessary adjustments to their financial plans.

National and Regional Holidays in December 2023:

December 1 (Friday): State Inauguration Day/Indigenous Faith Day (Itanagar and Kohima)
December 3 (Sunday): Weekend (All States)
December 4 (Monday): Feast of St. Francis Xavier (Goa)
December 9 (Saturday): Second Saturday of the month (All States)
December 10 (Sunday): Weekend (All States)
December 12 (Tuesday): Pa-Togan Nengminja Sangma (Shillong)
December 14 (Thursday): Losoong/Namsoong (Gangtok)
December 17 (Sunday): Weekend (All States)
December 18 (Monday): Death anniversary of U SoSo Tham (Shillong)
December 19 (Tuesday): Goa Liberation Day (Goa)
December 23 (Saturday): Fourth Saturday of the Month (All States)
December 24 (Sunday): Weekend (All States)
December 25 (Monday): Christmas (All States)
December 26 (Tuesday): Christmas Celebration (Aizawl, Kohima, and Shillong)
December 27 (Wednesday): Christmas (Kohima)
December 30 (Saturday): U Kiang Nangbah (Shillong)
December 31 (Sunday): Weekend (All States)

Planning Ahead:
As you navigate the festive season and year-end celebrations, planning your bank-related activities is crucial. While physical branches may be closed, it’s worth noting that online banking and UPI services will continue to operate seamlessly. Stay informed, plan ahead, and make the most of the holiday season without any financial hiccups.