Bank holidays in India are declared to be public holidays under explanation to section 25 of the Negotiable Instrument Act (NI 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 opened and allow normal banking transactions similar to any other working days.
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 co-operative banks operating in entire India). Every year 1st of April banks are closed in India for the purpose of the annual closing of accounts.
Click the name of the State from the below list to know the public holidays for banks in that specific state for the year 2020.
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 Gazette or the banks located in the state of Gujarat or by the IBA for correct and as 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.