Various bank holidays in India and for that matter, public holidays are decided by the central government, state government, and various union territories in India. The nation is a multi-cultural and very diverse country with many national and other bank holidays as well. Some of these are very local and can be decided by the respective state governments. On the other hand, some of them are very mandatory and it is no one’s prerogative as these are already national holidays in India. Some of the central government holidays are Good Friday, Christmas, Diwali, etc. There are many other central government holidays as well.
Bank Holidays 2023
If you are looking for some Central Government Holidays then you can know it by visiting the list of holidays given by us. In some states, you’ll generally get more vacations than others. In some states, there are two holidays on the same day. For example, May 1 is also Maharashtra Day and Labor Day. This is certainly very rare and doesn’t happen very often. Different types of holidays are declared in India. There are restricted holidays and there are gazetted holidays as well. Subsequent holidays are mandatory and have to be taken. There are many holidays in India that have holidays and are celebrated by all the states of the country. Following is the list of such holidays. Banks are definitely closed these days.
However, there are many other holidays that are restricted and there is no uniform holiday across the country. There are many views that multiple holidays can lead to a loss of productivity and thus a reduction in the output of the nation. The government has to handle this issue with great sensitivity, considering the fact that it also involves the religious sentiments of people from different states and religions. This is what makes it a bit complicated when declaring a bank holiday in India. The government does not want to hurt anyone’s sentiments.
Types of Bank Holidays 2023
There are two types of bank holidays: national holidays and government holidays. India has three national holidays which include 1) Republic Day, 2) Independence Day and 3) Mahatma Gandhi Jayanti. The national holiday is also called Gazetted holiday. Banks and other types of financial institutions remain closed on national holidays. Government holidays are further classified as state government bank holidays and central government bank holidays. State government bank holidays vary among Indian states while central government bank holidays are generally observed across the country. Maharashtra Day is a bank holiday in Maharashtra. Goa Liberation Day is a bank holiday in Goa, while Haryana Day is a bank holiday in Haryana.
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National Bank Holiday in 2023
Republic Day: Celebrated on January 26, 2023, is the day India adopted the Constitution on November 26, 1949, which officially came into force from January 26, 1950. Independence Day: This day marks the independence of India from British rule. more than 200 years. On this day, the UK Parliament passed the Indian Independence Act 1947 and transferred full legislative sovereignty to the Indian Constituent Assembly, ending the brutal colonial rule. Gandhi Jayanti: This day is celebrated to mark the birth of Mohandas Karam Chand Gandhi, one of the prominent freedom fighters of India.
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Bank and Public Holidays in India
- Republic Day (National Holiday)
- Independence Day (National holiday)
- Gandhi Jayanti (National Holiday)
- Good Friday (A day when Jesus Christ was crucified)
- Christmas Day (December 25)
- Mahavir Jayanti
- Buddha Purnima
- Dussehra
- Diwali (Deepavali)
- Guru Nanak’s Birthday
- Eid ul-Fitr Eid al-Adha (Bakrid)
- Muharram, etc.
List of National Bank Holiday in India 2023
| Date & Month | Day | Holiday |
|---|---|---|
| 1st January 2023 | Saturday | New Year’s Day |
| 26th January 2023 | Wednesday | Republic Day |
| 1st March 2023 | Tuesday | Maha Shivaratri |
| 18th March 2023 | Friday | Holi |
| 19th March 2023 | Saturday | Holi |
| 2nd April 2023 | Saturday | Ugadi |
| 10th April 2023 | Sunday | Ram Navami |
| 14th April 2023 | Thursday | Dr. Ambedkar Jayanti |
| 15th April 2023 | Friday | Good Friday |
| 1st May 2023 | Sunday | May Day |
| 3rd May 2023 | Tuesday | Idul Fitr |
| 16th May 2023 | Monday | Buddha Purnima |
| 10th July 2023 | Sunday | Bakrid / Eid al Adha |
| 9th August 2023 | Tuesday | Muharram |
| 15th August 2023 | Monday | Independence Day |
| 19th August 2023 | Friday | Janmashtami |
| 31st August 2023 | Wednesday | Ganesh Chaturthi |
| 2nd October 2023 | Sunday | Gandhi Jayanti |
| 3rd October 2023 | Monday | Maha Ashtami |
| 4th October 2023 | Tuesday | Maha Navami |
| 5th October 2023 | Wednesday | Vijaya Dashami |
| 9th October 2023 | Sunday | Eid e Milad |
| 25th October 2023 | Tuesday | Diwali |
| 8th November 2023 | Tuesday | Guru Nanak Jayanti |
| 25th December 2023 | Sunday | Christmas Day |
Bank Holidays on the Second and Fourth Saturdays
| Date | Saturday Holiday |
| 8th January 2023 | 2nd Saturday |
| 22nd January 2023 | 4th Saturday |
| 12th February 2023 | 2nd Saturday |
| 26th February 2023 | 4th Saturday |
| 12th March 2023 | 2nd Saturday |
| 26th March 2023 | 4th Saturday |
| 9th April 2023 | 2nd Saturday |
| 23rd April 2023 | 4th Saturday |
| 14th May 2023 | 2nd Saturday |
| 28th May 2023 | 4th Saturday |
| 11th June 2023 | 2nd Saturday |
| 25th June 2023 | 4th Saturday |
| 11th June 2023 | 2nd Saturday |
| 25th June 2023 | 4th Saturday |
| 9th July 2023 | 2nd Saturday |
| 23rd July 2023 | 4th Saturday |
| 13th August 2023 | 2nd Saturday |
| 27th August 2023 | 4th Saturday |
| 10th September 2023 | 2nd Saturday |
| 24th August 2023 | 4th Saturday |
| 8th October 2023 | 2nd Saturday |
| 22nd October 2023 | 4th Saturday |
| 12th November 2023 | 2nd Saturday |
| 26th November 2023 | 4th Saturday |
| 10th December 2023 | 2nd Saturday |
| 24th December 2023 | 4th Saturday |
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