Categories: Bank News

Bank holidays 2023:   Punjab State

GOVERNMENT OF PUNJAB, DEPARTMENT OF PERSONNEL,(PERSONNEL POLICIES-III BRANCH) vide notification no 06/05/2022/2PP3/985 dated 13.12.2023

Under the Explanation to Section 25 of the Negotiable Instrument Act, 1881 (Central Act XXVI of 1881) read with the Government of India, Ministry of Home Affairs, Notification No.20-25/26/Pub.1, dated 08.06.1957, the Government of Punjab hereby declare that in addition to Sundays expressly defined as Public Holidays in the said “Explanation”, the following shall be observed as Holidays under  Section 25 of the Negotiable Instrument Act, 1881 (Central Act XXVI of 1881)in the State of Punjab during the year 2023:-

Sr.NoDateDayOccasion/Festival Date
126.01.2023ThursdayREPUBLIC DAY
218.02.2023SaturdayMAHA SHIVRATRI
308.03.2023FridayHOLI
430.03.2023ThursdayRAM NAVAMI
501.04.2023SaturdayBANK’S ANNUAL CLOSING OF ACCOUNTS
607.04.2022FridayGOOD FRIDAY
722.04.2023SaturdayID-UZ-FITR(RAMZAN)
829.06.2023ThursdayID-UZ-ZUHA/BAKRID
915.08.2023TuesdayINDEPENDENCE DAY
1007.09.2023ThursdayJANAMASHTAMI
1102.10.2023MondayMAHATMA GANDHI JAYANTI
1124.10.2023TuesdayDUSSEHRA
1327.11.2023MondayGURUNANAK JI JAYANTI(Parkash gurpurab)
1425.12.2023MondayCHRISTMAS

April 1, all Sundays, and the 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 the entire India).

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

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Surendra Naik

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