Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The following holidays declared under the NI Act are applicable exclusively to the banks located within the administration area of Karnataka State. 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.
List of holidays for 2024 in Karnataka State under section 25 of NI Act 1881
Sr.No | Date | Day | Occasion/Festival Date |
01 | 15.01.2024 | Monday | UTTARAYANA PUNYA KALA/MAKARA SANKRANTHI |
02 | 26.01.2024 | Friday | REPUBLIC DAY |
03 | 08.03.2024 | Friday | MAHASHIVARATHRI |
04 | 29.03.2024 | Friday | GOOD FRIDAY |
05 | 01.04.2024 | Monday | ANNUAL CLOSING OF BANK ACCOUNTS |
06 | 09.04.2024 | Tuesday | UGADI FESTIVAL |
07 | 0.04.2024 | Wednesday | RAMZAN |
08 | 01.05.2024 | Wednesday | MAY DAY/LABOUR DAY |
09 | 10.05.2024 | Friday | BASAVA JAYANTHI/(Akshaya Thritiya) |
10 | 17.06.2024 | Monday | BAKRID |
11 | 17.07.2024 | Wednesday | MOHARRAM LAST DAY |
12 | 15.08.2024 | Thursday | INDEPENDENCE DAY |
13 | 07.09.2024 | Saturday | VARA SIDDHI VINAYAKA CHATURTHI/GANESHA CHATURTHI |
14 | 16.09.2024 | Monday | EID MILAD |
15 | 02.10.2024 | Wednesday | MAHATMA GANDHI BIRTHDAY/MAHALAYA AMAVASYE |
16 | 31.10.2024 | Thursday | NARAKA CHATURDASHI |
17 | 01.11.2024 | Friday | KANNADA RAJYOTHSAVA/ (Deepawali) |
18 | 02.11.2024 | Saturday | BALIPADYAMI |
18 | 18.11.2024 | Monday | KANAKADASA JAYANTHI |
19 | 25.12.2024 | Wednesday | CHRISTMAS |
* Holiday declared on 01.04.2024 for the closing of Accounts of Commercial Banks and Co-operative Banks only. All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. The following Holidays which fall on these days are not included in the list.
14.04.2024 | Sunday* | DR.B.R.AMBEDKAR JAYANTHII |
21.04.2024 | Sunday* | MAHAVIR JAYANTHI |
12.10.2024 | 2nd Saturday* | AYUDHA PUJE/MAHA NAVAMI |
13.10.2024 | Sunday* | VIJAYA DASHAMI |
If any of the Holidays for the festivals of the Muslim Fraternity notified above does 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 that may arise because of the contents of this write-up.
Accounting is a multifaceted discipline. It caters to the diverse informational needs of stakeholders within…
As the name says ‘computerised accounting’ is the use of computers, software, and hardware to…
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission…
The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis…
The term "accounting treatment" represents the prescribed manner or method in which an accountant records…
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…