Bank Holidays 2023 under NI Act: Karnataka 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 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.   

 A holiday was declared on 01.04.2023 for the closing of Accounts of Commercial Banks and Co-operative Banks only. If any of the Holidays for the festivals of the Muslim Fraternity notified above do not fall on the date notified, Muslim Fraternity in Government Service may be granted a holiday by the concerned authority on the date of observance in view of holidays already notified.

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above as per the State Gazette. 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 vide Gazette notification or the banks located in the State 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.