Bank holidays 2023 under NI Act: Assam State

The Government of Assam declared the following holidays for the year 2023 under section 25 of the NI Act 1881. These holidays are applicable exclusively to the banks located within the State of Assam administration [Ref: e.file.No. 221561/1 dated 28.11.2022]

 (a) There will be no Public Transaction in the Nationalized Banks on the following days.

1st April 2023 – Saturday – Annual Closing of Bank Accounts

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 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.