Is today bank holiday in India on 2 January 2026?

Most Indian bank branches are open on 2 January 2026, with exceptions only where states declare local holidays. Digital services like NEFT, RTGS, IMPS, UPI, ATMs, and cards remain available. Check your city’s list and your bank app for precise branch status before planning a visit.

Are NEFT and RTGS available on bank holidays?

Yes, NEFT and RTGS are broadly available round the clock under RBI’s framework. Banks may schedule brief maintenance at night. For high-value transfers, verify your bank’s cut-offs and try a small test first. Keep alerts switched on so you get immediate confirmation of credits and debits.

Which weekends are Indian banks closed in January 2026?

Banks close on all Sundays and on the 2nd and 4th Saturdays. Other Saturdays are usually working days. Plan branch-dependent tasks like cash deposits, drafts, or locker access before these weekends. Online channels continue to function, so most transfers and card transactions will still go through.

How should UK investors time GBP to INR transfers?

Schedule transfers a business day early, avoid 2nd and 4th Saturdays, and check both UK and India bank hours. Use providers that show real-time status and allow proofs of payment. Confirm beneficiary details and keep alerts on. For larger sums, consider locking the FX rate if your service offers it.

Global Market Insights

India Banks Today, January 02: RBI Holiday Rules and State Closures

ByHuzaifa Zahoor January 3, 2026January 3, 2026

Investors in the UK often ask, is today bank holiday in India. For Friday, 2 January 2026, most Indian bank branches are expected to operate normally, with closures only where state notifications apply. RBI’s framework keeps digital rails active, so NEFT, RTGS, IMPS, UPI, ATMs, and cards largely work. We outline January closures, weekend rules, and what remains online. This helps UK-based traders, SMEs, and families time GBP to INR transfers and avoid settlement delays across January.