The holidays declared under the NI Act apply exclusively to the banks located within the administration area of a specific State or Union Territory. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions similar to any other working day.
States and Union Territories of SOUTHERN INDIA
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States and Union Territories of WESTERN INDIA
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States and Union Territories of EASTERN INDIA
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States and Union Territories of CENTRAL INDIA
States and Union Territories of NORTHERN INDIA
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States and Union Territories of NORTH-WEST INDIA
Click the name of the State/UT below to know the Bank holidays in those States.
States and Union Territories of NORTH-EAST INDIA
Click the name of the State below to know the bank holidays in those States.
The Negotiable Instruments recognized by the Negotiable Instruments Act 1881 are (i) Promissory notes (ii) Bills of exchange (iii) Cheques. A negotiable instrument is a piece of paper that entitles a person to a sum of money and which is transferable from one person to another by mere delivery or by endorsement and delivery. As per section 25 of the Negotiable Act, when the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day. The expression “Public Holiday” includes Sundays and any other day declared by the Central Government, by notification in the Official Gazette, to be a public holiday. In this case, if the date of maturity is Sunday which is a public holiday then the date of maturity is the preceding day i.e. Saturday.. The expression “Public holiday” includes Sundays and any other day declared by the Central Government by notification in the Official Gazette, to be a public holiday.
Note: The holidays declared under NI acts are meant for financial institutions and not for factories and other establishments.
Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above. Despite of this, any changes in holiday dates, mistakes, errors, ambiguity, inconsistency, discrepancy, or doubts may inadvertently creep up. The readers in case of any doubts are therefore requested to be guided by the holiday lists announced by the respective State Gazette or the banks located in the State for correct and authentic information. The author or anyone connected directly or indirectly to this website accepts no responsibility whatsoever and will not be liable for any losses, claims, or damages that may arise because of the contents of this write-up.
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