In India, banks typically remain closed on public holidays, which can be either specific to a particular state or observed nationwide. All-India holidays comprise significant events such as Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Additionally, various festivals like Diwali, Christmas, Eid, Guru Nanak Jayanti, Good Friday, and others are recognized as bank holidays. Moreover, the second and fourth Saturdays of each month are designated as holidays for banks.
Date & Month | Day | Holiday |
---|---|---|
January 1 | Monday | New Year's Day |
January 15 | Monday | Pongal |
January 17 | Wednesday | Guru Gobind Singh Jayanti |
January 23 | Tuesday | Netaji Subhas Chandra Bose Jayanti |
January 26 | Friday | Republic Day |
March 8 | Friday | Maha Shivaratri |
March 25 | Monday | Holi |
March 29 | Friday | Good Friday |
April 9 | Tuesday | Ugadi |
April 10 | Wednesday | Idul Fitr |
April 14 | Sunday | Dr Ambedkar Jayanti |
April 17 | Wednesday | Ram Navami |
April 21 | Sunday | Mahavir Jayanti |
May 1 | Wednesday | May Day |
May 10 | Friday | Maharshi Parasuram Jayanti |
May 23 | Thursday | Buddha Purnima |
June 17 | Monday | Bakrid / Eid al Adha |
July 17 | Wednesday | Muharram |
August 15 | Thursday | Independence Day |
August 19 | Monday | Raksha Bandhan |
August 26 | Monday | Janmashtami |
September 7 | Saturday | Ganesh Chaturthi |
September 16 | Monday | Eid e Milad |
October 2 | Wednesday | Gandhi Jayanti |
October 10 | Thursday | Maha Saptami |
October 11 | Friday | Maha Ashtami |
October 13 | Sunday | Vijaya Dashami |
October 17 | Thursday | Maharishi Valmiki Jayanti |
October 31 | Thursday | Deepavali |
November 1 | Friday | Diwali |
November 2 | Saturday | Deepavali Holiday |
November 3 | Sunday | Bhai Dooj |
November 15 | Friday | Guru Nanak Jayanti |
December 25 | Wednesday | Christmas Day |
Bank holidays in India are determined by the Reserve Bank of India. This policy applies to various types of banks, such as private sector banks, public sector banks, cooperative banks, regional banks, and rural banks. All these banks, whether scheduled or non-scheduled, observe holidays on the second and fourth Saturday of each month.
Date & Month | Holiday |
---|---|
January 13 | Second Saturday Bank Holiday |
January 27 | Fourth Saturday Bank Holiday |
February 10 | Second Saturday Bank Holiday |
February 24 | Fourth Saturday Bank Holiday |
March 9 | Second Saturday Bank Holiday |
March 23 | Fourth Saturday Bank Holiday |
April 13 | Second Saturday Bank Holiday |
April 27 | Fourth Saturday Bank Holiday |
May 11 | Second Saturday Bank Holiday |
May 25 | Fourth Saturday Bank Holiday |
June 8 | Second Saturday Bank Holiday |
June 22 | Fourth Saturday Bank Holiday |
July 13 | Second Saturday Bank Holiday |
July 27 | Fourth Saturday Bank Holiday |
August 10 | Second Saturday Bank Holiday |
August 24 | Fourth Saturday Bank Holiday |
September 14 | Second Saturday Bank Holiday |
September 28 | Fourth Saturday Bank Holiday |
October 12 | Second Saturday Bank Holiday |
October 26 | Fourth Saturday Bank Holiday |
November 9 | Second Saturday Bank Holiday |
November 23 | Fourth Saturday Bank Holiday |
December 14 | Second Saturday Bank Holiday |
December 28 | Fourth Saturday Bank Holiday |