Categories: Bank News

Bank and Public holidays of 2023: Mizoram State

The competent authority of the Government of Mizoram vides notification No.F.23012/1/2020 GAD dated August 3, 2022, declared the following days as public holidays for the Calendar Year 2023.

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territories.  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.   

Sl. No.HOLIDAYDATEDAY OF THE WEEK
1New Year’s Day01.01.2023Sunday
2New Year Celebration02.01.2023Monday
3Missionary Day11.01.2023Wednesday
4Republic Day26.01.2023Thursday
5State Day20.02.2023Monday
6Chapchar Kut03.03.2023Friday
7Holi08.03.2023Wednesday
*Banks’ Annual Closing (holiday limited for banks) is not  admissible  to the Government offices01.04.2023Saturday
8Mahavir Jayanti04.04.2023Tuesday
9Good Friday07.04.2023Friday
10Idu’l Fitr22.04.2023Saturday
11Buddha Purnima05. 5.2023Friday
12YMA Day15.06.2023Thursday
13Id-ul-Zuha29.06.2023Thursday
14Remna Ni30.06.2023Friday
15MHIP Day06.07.2021Thursday
17Muharram29..07.2023Saturday
18Independence Day15.08.2023Tuesday
19Prophet Mohammed’s Birthday (Id-e-Milad)28.09.2023Thursday
20Mahatma Gandhi’s Birthday02.10.2023 Monday
21Dussehra (Vijay Dashmi)24.10.2023Tuesday
22Diwali (Deepavalli)12.11.2023Sunday
23Guru Nanak’s Birthday27.11.2023Monday
24Christmas Eve24.12.2023Sunday
25Christmas Celebration25.12.2023Monday
26New Year’s Eve31.12.2023Sunday

 All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule is applicable to all commercial and co-operative

If any of the holidays for the festivals of the Muslim fraternity notified above does not fall on the date notified, the holiday date may be altered by the concerned government or the community fraternity in government service may be granted special holidays on the date observable.

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above. In spite of this, it is possible that any changes in holiday dates, mistakes, errors, ambiguity, inconsistency, discrepancy, or doubts may inadvertently creep up. The readers are therefore requested to be guided by the holiday list announced by the banks of respective states/UT or by the IBA 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 which may arise because of the contents of this write-up.

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

What is Weighted Marginal Cost of Capital?

The marginal cost of capital (MCC) is the total combined cost of debt, equity, and…

3 hours ago

Meaning of WACC and factors affecting the WACC

The weighted average cost of capital (WACC) is the average rate that a business pays…

19 hours ago

Regulations on Interest Rate Resets on EMI based personal loans explained

The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured…

20 hours ago

Determining the Proportion:  Preference V/s Equity Shares

A share is a unit of ownership in a company and has an exchangeable value…

1 day ago

Overview: Cost of Debt, Taxation, & Capital Structure

The cost of debt is the interest rate a company pays on its debt, and…

2 days ago

Various Theories/Approaches on Capital Structuring Explained

This article explains the assumptions and key aspects of approaches to capital structuring, including the…

3 days ago