Bank holidays play a crucial role in the smooth functioning of banking operations, financial planning, and customer convenience. In India, bank holidays are notified under the provisions of the Negotiable Instruments Act, 1881, and vary across States and Union Territories depending on local festivals, regional observances, and government notifications. To help bankers, professionals, businesses, and…
The RBI has now put in place a uniform, time‑bound framework for settlement of claims in respect of deceased customers’ deposits, replacing the earlier patchwork of circulars and ensuring standard procedures across banks. The new Directions mandate simplified documentation, defined thresholds for small-value claims, a strict 15‑day turnaround time (TAT), and compensation for delay, thereby…
The Administration of Union Territory of Ladakh, through notification No.530-LA(GAD)of 2025 dated 14.11.2025 declared Bank holidays to be observed throughout the UT of Ladakh during the calendar year 2026 under section 25 of negotiable instruments act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2026 Monday REPUBLIC DAY 2 16.02.2026 Wednesday MELA DOSMOCHEY (Leh District &…
The following are the public (bank) holidays for Karnataka in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2026 Monday REPUBLIC DAY 2 15.02.2026 Sunday SHIVRATHRI 3 04.03.2026 Wenesday HOLI 4 21.03.2026 Saturday EID-AL-FITR 4 31.03.2026 Tuesday MAHAVIR JAYANTHI 5 01.04.2026 Wednesday ANNUAL CLOSING…
The UT administration of Dadra and Nagar Haveli and Daman and Diu through notificationNo.11/01/96-06/GA/Holiday/III/2024-25 dated 22.12.2025 declared following Bank Holidays u/s 25 of Negotiable Instrument Act 1881 for the year 2026. Date Day Holiday 26.01.2026 Monday REPUBLIC DAY 04.03.2026 Wednesday HOLI 01.04.2026 Wednesday ANNUAL CLOSING OF ACCOUNT (This holiday is applicable only to Commercial Banks)…
The Administration of Andaman and Nicobar islands through notification No.92/2025/F.No.M-13/18/2022-GA dated 12.11.2025 declared following days are declared for the year 2025 as public holidays under the explanation of sec 25 of NI Act 1881 Date Day Occasion/Festival Date 26.01.2026 Monday REPUBLIC DAY 04.03.20226 Wednesday HOLI 21.03.2026 Saturday IDUL FITR/RAMZAN 26.03.2026 Thursday RAM NAVAMI 01.04.2026 Wednesday…
The North Eastern region of India, comprising eight culturally diverse states, observes a distinct set of public and bank holidays reflecting regional festivals, historical events, and local traditions. For banks and financial institutions, adherence to state-specific holidays notified under the Negotiable Instruments Act, 1881 is essential for ensuring compliance, smooth branch operations, and accurate customer…
The Government of Meghalaya state in its notification no. No. GAA/67/2024/47 dated 21.10.2025 declared following days as public holidays under section 25 of Negotiable Instrument Act 1881. List of holidays Occasion Date Day New Year’s Day January 01, 2026 Thursday Republic Day January 26, 2026 Monday Holi March 04, 2026 Wednesday Eid Al Fitr /…
In exercise of the powers conferred under the explanation to section 25 of the Negotiable Instruments Act, 1881 (No. XXVI of 1881), the Lieutenant-Governor of the Union territory of Puducherry declares the under mentioned days in the Calendar Year, 2026 shall be Holiday Date Day Occasion/Festival Date 01.01.2026 Thursday New Year Day 15.01.2026 Thursday PONGAL…
The government of Jammu & Kashmir released a notification (Govt Order No. 1894-JK(GAD) of 2025, dated Dec 12, 2025) listed following Negotiable Instruments (NI) Act holidays in the year 2026 Date Day Holiday 26.01.2026 Monday Republic Day 15.02.2026 Sunday Maha Shivaratri 04.03.2026 Wednesday Holi ((Jammu Province only) 17.03.2026 Tuesday Shab-I-Qadr 19.03.2026 Thursday 1 Navratra 20.03.2026…
