As December ushers in year-end celebrations, travel plans and festive gatherings, it also brings a packed holiday calendar and that includes bank holidays. If you have important banking work lined up, it may be time to pause and check the Reserve Bank of India’s (RBI) holiday list.
How RBI Bank Holidays Are Decided
December is traditionally one of the busiest months, socially and financially. Between holiday shopping, travel bookings, year-end bill payments and business closures, banking needs often peak just as holidays stack up.
With Christmas, New Year and regional festivals approaching, the RBI holiday calendar reflects the diversity of celebrations across India, combining national observances with local traditions.
The RBI issues an annual holiday calendar that includes national holidays such as Republic Day and Independence Day, state-specific festivals, regional and cultural occasions, and special events, including elections, budget presentations, or government-notified holidays
Because of this structure, bank holidays can vary widely from one state to another, even on the same date.
Are Banks Open On December 19?
Tomorrow, December 19 marks the start of a long banking holiday weekend for parts of the country. Banks across Panaji and the rest of Goa will remain shut on Friday, as the state observes Goa Liberation Day, a public holiday commemorating Goa’s liberation from Portuguese rule in 1961.
Customers in Goa are advised to plan branch visits, cheque clearances, and cash transactions in advance, as in-person banking services will not be available.
December 20 Bank Holiday
The holidays don’t stop there. On Saturday, December 20, banks in Sikkim, including Gangtok, will remain closed to mark Losoong/Namsoong, a major harvest festival celebrated by the Bhutia and Lepcha communities.
With this regional holiday falling on a Friday, customers in Sikkim are set for an extended break in banking services.
December 21: Weekend Closure
Adding to the holiday stretch, Sunday, December 21, is a weekly bank holiday across India, as banks remain closed on all Sundays.
This means customers in Goa and Sikkim are looking at a two-three-day banking break, making it essential to complete urgent transactions ahead of time.
Will Digital Banking Still Work?
While bank branches will remain closed on these days, digital services will continue uninterrupted. Customers can still use UPI and mobile banking app, access internet banking, withdraw cash from ATMs, and make card payments. However, services such as cheque clearance, branch-based transactions, and customer service desks will resume only on the next working day.
With December already in festive mode, a little planning can help ensure your year-end finances stay on track.
Upcoming Bank Holidays In December
| Date | Day | Region |
| December 19 | Goa Liberation Day | Panaji |
| December 20 | Losoong / Namsoong | Gangtok |
| December 21 | Weekend Holiday | All Over India |
| December 22 | Losoong / Namsoong | Gangtok |
| December 24 | Christmas Eve | Aizawl, Kohima, and Shillong |
| December 25 | Christmas | All Over India |
| December 26 | Christmas Celebration | Aizawl, Kohima, and Shillong |
| December 27 | Christmas Fourth Saturday | Kohima All Over India |
| December 28 | Weekend Holiday | All Over India |
| December 30 | Death Anniversary of U Kiang Nangbah |
Shillong |
| December 31 | New Year's Eve/Imoinu Iratpa |
Aizawl and Imphal |