Bank Holidays in India | All Bank Holidays In India 2022

• Odisha Day
• Panibas in Sajibu Nong
• Biju Festival
• good Friday
• Babu Jagjivan Ram Jayanti
• Ugadi
• Bohag Bihu
• Gudi Padwa
• Vaisakhi
• Jumaat Ul Vida
• Easter
• Garia Puja
• Sarhul Festival
• tamil new year
• Himachal Day
• Dr. Ambedkar Jayanti
• Shab e Qadri
• Vishu
• bengali new year
• Ram Navami
• Mahavir Jayanti

There are two types of bank holidays: national holidays and government holidays. There are three national holidays in India which include 1) Republic Day, 2) Independence Day and 3) Mahatma Gandhi Jayanti. 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.

RTGS stands for Real Time Gross Settlement while NEFT stands for National Electronic Fund Transfer. Both RTGS and NEFT allow people to transfer cash from one bank to another. Reserve Bank of India maintains both NEFT and RTGS. Now, RTGS and NEFT system is available 24×7 from 14th December, 2020.

Note: Services of RTGS and NEFT can be used on other types of bank holidays. If a person transfers money on a bank holiday, the money gets credited to the recipient’s account but the sender can get a receipt on the next bank working day.

Bank Holidays on the Second and Fourth Saturdays

Bank Holidays on 2nd and 4th Saturdays

In addition to the above bank holidays, banks are also closed on 2nd and 4th Saturdays of every month. If there are five Saturdays in a month, then the fifth Saturday will be the working day of the bank. Earlier, banks used to work half day on all Saturdays.

Makar Sankranti/Pongal: Banks will remain closed due to Makar Sankranti/Pongal falling on 15th January 2022.

Republic Day: Republic Day is a gazetted holiday in India and the day celebrates the formation of the Constitution of India. Banks will also remain closed like government offices. In the national capital, the army is organized. Schools and colleges also organize cultural programs.

Maha Shivratri: Maha Shivratri is a bank holiday celebrated in many parts of India. It is an annual major festival for Hindus, who celebrate the night of Lord Shiva.

Holi: Holi, also known as the festival of colours, marks the arrival of the harvest. People play colours. While some states celebrate Holi on 10 March.

Ugadi: The bank holiday in Ugadi is 2022. In Andhra Pradesh, Karnataka and Telangana, Ugadi is celebrated as the beginning of the new year. It is called Gudi Padwa in Maharashtra. This festival is historically important for Hindus across India.

Ambedkar Jayanti: Ambedkar Jayanti falls on 14 April 2022. Due to these two festivals, bank holidays are celebrated in many states. Ambedkar Jayanti celebrates the birth of Dr B R Ambedkar, who was the architect of the Constitution of India.

Mahavir Jayanti: Mahavir Jayanti is a Jain festival, which honors the birth of Mahavir, who was the last Tirthankara. It falls on 6th April.

Good Friday: Good Friday is a major festival falling in the month of April 2022. The day is celebrated in many states across the country during the Holy Week.

Vaisakhi: Vaisakhi is celebrated by Sikhs and Hindus and falls on 13 or 14 April every year. This day celebrates the new year for the Sikhs.

May Day: May Day is an International Workers’ Day. The day falls on 1 May each year and has been promoted by the foreign labor movement.

Sant Guru Kabir Jayanti: Sant Guru Kabir Jayanti is a bank holiday in 2022 in Chhattisgarh, Himachal Pradesh and Punjab.

Maharana Pratap Jayanti: As the name indicates, Maharana Pratap Jayanti is celebrated in April 2022. It is celebrated in some states of India.

Bakrid/Eid Al Adha Holiday: Bakrid/Eid Al Adha Holiday is a famous Islamic festival celebrated in most of the states. Banks will not be open on Bakrid/Eid Al Adha like government offices.

Independence Day: Needless to mention, Independence Day celebrates the country’s independence from the United Kingdom (UK). It is a bank holiday all over India.

Janmashtami: Janmashtami celebrates the birth of Lord Krishna. Many states of India celebrate this festival every year.

Gandhi Jayanti: Gandhi Jayanti is a national festival. The whole of India celebrates the birthday of Mahatma Gandhi, who is also addressed as the Father of the Nation.

Diwali: Diwali is celebrated by Hindus. This festival is celebrated on 04 November 2022 in different parts of India.

Christmas Day: 25th December this year is a bank holiday because of Christmas. Christians celebrate the birth of Jesus Christ.