The following holidays declared under NI Act 1881 by the Government of Madhya Pradesh are applicable exclusively to the banks located within the State of Madhya Pradesh administration.
List of Holidays
|4||01.04.2019||Monday||Banks’ Annual Closing of Accounts|
|9||05.06.2019||Monday||RAMZAN (IDUL FITR)|
|13||02.10.2019||Wednesday||MAHATMA GANDHI JAYANTHI|
|15||12.11.2019||Tusday||GURU NANAK JAYANTI|
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 banks operating in entire India).
If any of the holidays for the festivals of 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, mistake, 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 as authentic information. 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.