Categories: Bank News

Bank holidays 2022 under NI Act: Gujarat State

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 Territory.  In the 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.   

The Government of Gujarat state declared the following days to be Public Holidays for the year 2021 under section 25 of the NI act for banks in Gujarat.

Sr.NoDateDayOccasion/Festival Date
114.01.2022FridayMAKARA SANKRANTI
226.01.2022WednesdayREPUBLIC DAY
301.03.2022TuesdayMAHASHIVARATRI
408.03.2022FridayHOLI 2ND DAY, DHULETI
501.04.2022*Friday*Annual closing of Banks (This holiday is applicable to  banks, Pay and Accounts Office, Treasury/Sub-Treasury offices in the State of Gujarat)
614.04.2022ThursdayDR.BABA SAHEB AMBEDKAR JAYANTI/MAHAVIR JAYANTI
715.04.2022FridayGOOD  FRIDAY
803.05.2022TuesdayBhagwan Shree Parashuram Jayanti /RAMZAN (IDUL FITRA)
909.08.2022TuesdayMUHARRAM/ASHOORA
1011.08.2022ThursdayRAKSHA BANDHAN
1115.08.2022MondayINDEPENDENCE DAY
1219.08.2022FridayJANAMASHTAMI
1331.08.2022WednesdaySAMVATSARI
1405.10.2022WednesdayDUSSHERA/VIJAYA DASHAMI
1524.10.2022MondayDIWALI
1626.10.2022WednesdayVIKRAM SAMVAT NEW YEAR DAY/BHAI BIJ
1731.10.2022MondaySARDAR VALLBHAI PATEL BIRTHDAY

The following days are not notified as holidays as they fall on Sunday

Shree Ram Navami 10/4/22, Bakrid 10/7/22, Mahatma Gandhi Birthday 2/10/22, 9/10/22 Eid-e-Milad, Christmas25/12/22

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 cooperative banks operating in entire India).  April 1, is a holiday only for the Banks, Pay and Accounts Office, Treasury, and sub-treasury offices.

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 in case of any doubts are therefore requested to be guided by the holiday list announced by the state Gazette or the banks located in the state of Gujarat 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

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Surendra Naik

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