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Bank Holidays in Maharashtra 2016

  • January - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
      Second Saturday Bank Holiday
    • 10
    • 11
    • 12
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
      Fourth Saturday Bank Holiday
    • 24
    • 25
    • 26
      Republic Day
    • 27
    • 28
    • 29
    • 30
    • 31
  • February - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
    • 12
    • 13
      Second Saturday Bank Holiday
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
      Chhatrapati Shivaji Maharaj Jayanti
    • 20
    • 21
    • 22
    • 23
    • 24
    • 25
    • 26
    • 27
      Fourth Saturday Bank Holiday
    • 28
    • 29
  • March - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
      Mahashivratri
    • 8
    • 9
    • 10
    • 11
    • 12
      Second Saturday Bank Holiday
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
      Holi (Second Day)
    • 25
      Good Friday
    • 26
      Fourth Saturday Bank Holiday
    • 27
    • 28
    • 29
    • 30
    • 31
  • April - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
      Annual Closing of Bank Account
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
      Gudi Padwa
    • 9
      Second Saturday Bank Holiday
    • 10
    • 11
    • 12
    • 13
    • 14
      Dr. Babasaheb Ambedkar Jayanti
    • 15
      Ram Navmi
    • 16
    • 17
    • 18
    • 19
      Mahavir Jayanti
    • 20
    • 21
    • 22
    • 23
      Fourth Saturday Bank Holiday
    • 24
    • 25
    • 26
    • 27
    • 28
    • 29
    • 30
  • May - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
      Maharashtra Din
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
    • 12
    • 13
    • 14
      Second Saturday Bank Holiday
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
      Buddha Pournima
    • 22
    • 23
    • 24
    • 25
    • 26
    • 27
    • 28
      Fourth Saturday Bank Holiday
    • 29
    • 30
    • 31
  • June - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
      Second Saturday Bank Holiday
    • 12
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
    • 25
      Fourth Saturday Bank Holiday
    • 26
    • 27
    • 28
    • 29
    • 30
  • July - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
      Id-ul-fitr (Ramzan Id)
    • 7
    • 8
    • 9
      Second Saturday Bank Holiday
    • 10
    • 11
    • 12
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
      Fourth Saturday Bank Holiday
    • 24
    • 25
    • 26
    • 27
    • 28
    • 29
    • 30
    • 31
  • August - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
    • 12
    • 13
      Second Saturday Bank Holiday
    • 14
    • 15
      Independence Day
    • 16
    • 17
      Parsi New Year
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
    • 25
    • 26
    • 27
      Fourth Saturday Bank Holiday
    • 28
    • 29
    • 30
    • 31
  • September - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
      Ganesh Chaturthi
    • 6
    • 7
    • 8
    • 9
    • 10
      Second Saturday Bank Holiday
    • 11
    • 12
    • 13
      Id-ul-Adha (Bakrid)
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
      Fourth Saturday Bank Holiday
    • 25
    • 26
    • 27
    • 28
    • 29
    • 30
  • October - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
      Mahatma Gandhi Jayanti
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
      Second Saturday Bank Holiday
    • 9
    • 10
    • 11
      Dasara
    • 12
      Moharum
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
      Fourth Saturday Bank Holiday
    • 23
    • 24
    • 25
    • 26
    • 27
    • 28
    • 29
    • 30
      Diwali (Laxmi Pujan)
    • 31
      Diwali (Balipratipada)
  • November - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
    • 12
      Second Saturday Bank Holiday
    • 13
    • 14
      Guru Nanak Jayanti
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
    • 25
    • 26
      Fourth Saturday Bank Holiday
    • 27
    • 28
    • 29
    • 30
  • December - 2016

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
      Second Saturday Bank Holiday
    • 11
    • 12
      Id-E-Milad
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
    • 24
      Fourth Saturday Bank Holiday
    • 25
      Christmas
    • 26
    • 27
    • 28
    • 29
    • 30
    • 31

List of Bank Holidays in Maharashtra 2016

Date & Month Day Holiday
January 9 Saturday Second Saturday Bank Holiday
January 23 Saturday Fourth Saturday Bank Holiday
January 26 Tuesday Republic Day
February 13 Saturday Second Saturday Bank Holiday
February 19 Friday Chhatrapati Shivaji Maharaj Jayanti
February 27 Saturday Fourth Saturday Bank Holiday
March 7 Monday Mahashivratri
March 12 Saturday Second Saturday Bank Holiday
March 24 Thursday Holi (Second Day)
March 25 Friday Good Friday
March 26 Saturday Fourth Saturday Bank Holiday
April 1 Friday Annual Closing of Bank Account
April 8 Friday Gudi Padwa
April 9 Saturday Second Saturday Bank Holiday
April 14 Thursday Dr. Babasaheb Ambedkar Jayanti
April 15 Friday Ram Navmi
April 19 Tuesday Mahavir Jayanti
April 23 Saturday Fourth Saturday Bank Holiday
May 1 Sunday Maharashtra Din
May 14 Saturday Second Saturday Bank Holiday
May 21 Saturday Buddha Pournima
May 28 Saturday Fourth Saturday Bank Holiday
June 11 Saturday Second Saturday Bank Holiday
June 25 Saturday Fourth Saturday Bank Holiday
July 6 Wednesday Id-ul-fitr (Ramzan Id)
July 9 Saturday Second Saturday Bank Holiday
July 23 Saturday Fourth Saturday Bank Holiday
August 13 Saturday Second Saturday Bank Holiday
August 15 Monday Independence Day
August 17 Wednesday Parsi New Year
August 27 Saturday Fourth Saturday Bank Holiday
September 5 Monday Ganesh Chaturthi
September 10 Saturday Second Saturday Bank Holiday
September 13 Tuesday Id-ul-Adha (Bakrid)
September 24 Saturday Fourth Saturday Bank Holiday
October 2 Sunday Mahatma Gandhi Jayanti
October 8 Saturday Second Saturday Bank Holiday
October 11 Tuesday Dasara
October 12 Wednesday Moharum
October 22 Saturday Fourth Saturday Bank Holiday
October 30 Sunday Diwali (Laxmi Pujan)
October 31 Monday Diwali (Balipratipada)
November 12 Saturday Second Saturday Bank Holiday
November 14 Monday Guru Nanak Jayanti
November 26 Saturday Fourth Saturday Bank Holiday
December 10 Saturday Second Saturday Bank Holiday
December 12 Monday Id-E-Milad
December 24 Saturday Fourth Saturday Bank Holiday
December 25 Sunday Christmas
Note: The 2'nd Saturday and 4'th Saturday of every month as public holiday for banks in India.

Month Wise Bank Holiday in Maharashtra

January February March
April May June
July August September
October November December

Bank Holidays in Maharashtra

Bank Holidays In Maharashtra

Maharashtra is on the western coast of India and is the third largest state of India by land. Mumbai is the capital city of the state as well as it serves as the financial capital of the country. Maharashtra came into existence since 1960 and declared Marathi as the official language. However, languages like Hindi, Gujarati, Kannada and Bhojpuri is also spoken widely by locals. There are many things to encounter for visitors during their bank holidays in Maharashtra as varied culture and landscapes are visible in different parts of the state.

Maharashtra, the state that contributes most to the GDP of India is the home of various unicorns and industrialists. It’s no surprise that the capital, Mumbai City is called the financial capital of India.

The state is home to some of India’s biggest cities and business houses that also help in generating income, and jobs, and attracts the workforce across India. Like almost every state of India Maharashtra is different in every aspect.

The bank holidays in Maharashtra also reflect its diverse and rich culture. The majority of the people in the state follow Hinduism along with other culturally different groups like Islam, Sikh, and Buddhism. The bank and publish holidays are scheduled as per the diversity of the people’s beliefs.

There are some national holidays, which are celebrated across the country and so in Maharashtra. However, taking Maharashtra’s culture I account there are bank holidays that are only celebrated in the state such as Gudi Padwa on March 28 of every year by the native Maharashtrian. Cities like Nasik, Pune, and Nagpur are well known for their rich culture and emerging cities of the state and the country.

List of Bank Holidays in Maharashtra

Although, bank holidays in Maharashtra are not only scheduled based on the culture and religion but also on the name of the State’s honourable personalities. Chhatrapati Shivaji Maharaj and Dr Bhimrao Ambedkar are the two most followed personalities in Maharashtra. Altogether there would be around 47 bank holidays in Maharashtra in, which also includes the 2nd and 4th Saturdays of each month. 

*Note- 2nd and 4th Saturdays of every month are bank holidays

Total Bank holidays in Maharashtra

The total bank holidays in Maharashtra, excluding public holidays of Sunday are 46, which includes second and fourth Saturdays. Holidays like Independence day, Republic Day, Gandhi Jayanti and Ambedkar Jayanti are central government declared holidays. Like other states, Maharashtra also offers multiple holidays to let locals enjoy, celebrate and remember the importance of the historic and cultural occasion. Holidays like Chattrapati Shivaji Maharaj Jayanti, Eid, Gudi Padwa, Mahavir jayanti and off course Maharashtra Day are declared as bank holidays in Maharashtra.

Maharashtra, the highest tax-collecting state of India is also the home of the financial sector of the country. The state is blessed with various sectors, and industries such as Bollywood, Tata, Reliance, and various other big business houses. The bank holidays in the state play an important part in the economy of the state and country for obvious reasons.

Mumbai being the state capital is also the financial capital and the financial hub of major financial institutions of the country and state contributes to the economy.

Maharashtra is a state with rich culture and great Spirit. The landscape in the state is diverse, which makes its environment diverse. From the western Konkan region near the Arabian Sea to eastern Vidarbha situated in central India is quite different. Being a Hindu majority with Marathi culture the state is home to some of the biggest celebrated festivals such as Ganesh Chathurthi and Gudi Padva, a deep-rooted Marashtrain festival to mark traditional New Year. The Kumbh mela, which is held every four years in India in 4 different cities Nashik, Allahabad (Now Prayagraj), Ujjain, and Haridwar. Nashik is one of the biggest cities of Maharashtra along with Mumbai, Pune, and Nagpur. 

Fairs in Maharashtra

Maharashtra is a land of cultural heritage and tradition. The state has a diverse form of landscape and environment which makes it even more vibrant and colourful. The people of Maharashtra are known to celebrate all the festivals and fairs with great enthusiasm and spontaneity. The sacred Kumb Mela at Nashik which is celebrated once every 12 years is considered the most important religious fair in the state. A massive number of people who follow Hinduism will bathe on the banks of the sacred river Godavari.

The important festivities related to Kumb Mela in Nashik include bathing in the river Godavari and visit the Trimakeshwar Shiva Temple and Ram Kund.

Kumbh Mela is held at four locations in India and they are Allahabad, Ujjain, Nashik and Haridwar. As per mythological stories, during Samudramanthan, when gods and demons were vying for Amrita, Lord Vishnu dropped a few drops of Amrita while transporting it in a Kumbha which refers to a pot.

The above-mentioned four sites received the drops of immortality and hence Kumbha mela fair is held every three years, switching between the four different locations. Usually, the planetary positions will decide on the occurrence of Kumbh mela.

How Bank Holidays In Maharashtra Are Scheduled?

Not every bank holiday in Maharashtra is a public holiday or a national holiday. There are a few holidays, which are national holidays and there are a few bank holidays in Maharashtra which are holidays for Maharashtra state only.

As we all know, Indians are following different religions like Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism and much more.

In Maharashtra, more than 75 per cent of the population are followers of Hinduism and the remaining 25 per cent population follows other religions. So the number of Hindu festival days is more when compared to any other religious state holiday.

Even there are few bank holidays in Maharashtra which is declared as a holiday by the state government in memorial of the leaders of the particular state. The leaders such as those who helped in state formation or freedom fighters etc. 

If we take a bank holiday in Maharashtra specifically, Gudi padwa which is on March 28 Tuesday this year. It is not a holiday all over India. This is a holiday in Maharashtra and a few other states. The same festival is celebrated on march 29 in other states such as Andhra Pradesh, Karnataka and etc.

So it is quite clear that depending on the population and religious followers bank holidays from state to state are different.

Places to visit around Mumbai during long weekends?

This year there are plenty of long weekends to enjoy bank holidays in Mumbai and Maharashtra. So you have holidays that are clubbed together with a Friday or Monday as discussed above.

These national holidays in Mumbai can be planned accordingly.

Here are the 5 best options enjoy the long weekend this year.

1) Matheran
2) Lonavala
3) Alibag
4) Kamshet
5) Kashid


1) Matheran - Matheran is a hill station in Raigad District of Maharashtra State which nearly 60 km's away from the Mumbai. Though it is just 60kms away it is untouched by the busy city life. This is a trekking place so there ideal time to visit, so one can visit here for any of the long weekends. It is advisable to visit here in March. In march, there is a long weekend during Holi where Holi is on Monday which is a public holiday in Mumbai.

2) Lonavala - This a popular hill station in Maharashtra which is closer to Mumbai. Lonavala is nearly 90 km's away from Mumbai and there is no specific season to visit. So one can visit anytime in the year. It is advisable to visit in may. As this year may day is on Monday and may day is a national holiday in Mumbai.

3) Alibag - 100 km's away from mumbai, This is a popular getaway on long weekends in mumbai. Best time to visit here is November to march and one can plan accordingly in December in December there are two long weekends one is for Eid-e-Milad which is on Friday and a public holiday in mumbai. The Other is for Christmas which is on Monday and a national holiday in Mumbai.

4) Kamshet - Kamshet is a hill station in the Western Ghats of India, Kamshet is one of the most places in India for paragliding and flying schools. Excluding rainy season one can visit here anytime. So one can plan according.

5) Kashid - Beach town of Maharashtra famous for white sand and blue sea.

Kashid is 130 km's away from and Best season to visit here is summer. So one can plan accordingly.

Holiday on May 1 for Maharashtra Day

In Maharashtra, May 1, is celebrated as Maharashtra day or Maharashtra divas. On this day in 1960, the state was divided from Bombay. It is worth watching the parade at Shivaji park on this day. Alcohol sale is not allowed on this day. If you are in Mumbai you should watch the parade st the park. All government establishments are closed on this day. 

Is all the bank holidays in Maharashtra, public holidays in India?

No, not all bank holidays in Maharashtra are public holidays in India. There will be few regional holidays and few holidays which are holidays only for banks.
Those holidays are as follows.

First, we have taken second and fourth Saturdays into consideration. There are few corporate companies and businesses which gives holiday on every Saturday. But when it comes to government offices and educational institutions,iIt is not a public holiday in Maharashtra on fourth Saturday for government offices and educational institutions., it is a working day.

Up to 2015, Banks used to have holiday for second Saturdays and the remaining Saturdays were half-days. But from September 2015, it was declared by the central government that second and fourth Saturdays are holidays and remaining Saturdays is full day working days.

The other holiday which only banks have is Annual Closing of Bank Accounts day which is on April 1st of every year. Technically this day is not a holiday for bank employees as well. On this day banks will be working, But customers are not allowed to visit the bank and do transactions. Excluding banking by visiting the bank all forms of bankings are possible on this day.

So bank holidays in Maharashtra are quite a few.

Will NEFT work on Bank Holidays in Maharashtra?

There is a different set of bank holidays for NEFT (National Electronic Funds Transfer) and RTGS (Real-time gross settlement) which is released by the RBI (Reserve Bank of India)
every year and one can visit RBI website to have a look at these holidays. These holidays will be different every year. The reason for this is, few festivals which are RTGS holidays don't come on the same date every year. As the festival dates are decided as per their respective religious calendar and the dates differ from the Georgian calendar we generally use. Those bank holidays in Maharashtra are:

1) Republic Day
2) Annual Closing of Banks
3) Good Friday
4) Dr. B. R. Ambedkar Jayanti
5) Ramadan/ Id-Ul-Fitr
6) Independence Day
7) Id-Ul-Zuha (Bakri Id)
8) Dussehra/ Vijaya Dasami
9) Mahatma Gandhi Jayanti
10) Christmas

1) Republic Day - As Republic Day comes on the same date every year. So January 26 is RTGS holiday every year. This day is a Gazetted Holiday in Maharashtra.

2) Annual Closing of Banks - Annual Closing of Banks comes on the same date every year. So it is clear that April 1st is RTGS holiday every year.

3) Good Friday - Good Friday date is decided as per some guidelines in Christianity so date changes every year. So RTGS holiday is on the different date every year.

4) Dr. B. R. Ambedkar Jayanti - Dr. B. R. Ambedkar Jayanti is on April 14th. So on this, it is a RTGS holiday every year.

5) Ramadan/ Id-Ul-Fitr - Ramadan is celebrated as per the Islamic calendar and the date changes every year. This RTGS holiday is on a different date every year.

6) Independence Day - Every year August 15th is a RTGS holiday. This day is a Gazetted Holiday in Maharashtra.

7) Id-Ul-Zuha (Bakri Id) - Id-Ul-Zuha is celebrated as per the Islamic calendar and the date changes every year. This RTGS holiday is on a different date every year.

8) Dussehra - Dussehra is celebrated as per Hindu calendar. This RTGS holiday comes on a different date every year.

9) Mahatma Gandhi Jayanti - Every year October 2 is a RTGS holiday. This day is a Gazetted Bank Holiday in Maharashtra.

10) Christmas - Christmas date is decided as per some guidelines in Christianity so date changes every year. So RTGS holiday is on the different date every year.

Visit one of these resorts on a bank holiday in Maharashtra

There will be a lot of hectic work it will be tough to find some peace of mind in the city. So, than doing something on a bank holiday in Maharashtra locally, you can visit a resort. There are few fabulous resorts in Maharashtra which you may find enjoyable to visit.

The Machan Resort - When planning a holiday the first thing comes to your mind is to leave the city premises and go somewhere there are a lot of trees and more of nature. Machan Resort is located in Lonavala. In Machan Resort, you will be getting three options, one is Forest Machan, Heritage Machan, and the last one is Canopy Machan. You can select which kind of resort you want to stay at.

Della Resorts - Della Resort is also one of the best resorts to visit. Della resort will be apt for those who seek adventure. At Della resorts you can play various games which are there such as flying fox, bungee jumping, paintball, zorbing, etc. This resort is located in Kunegaon. This will also be a great option to visit.

The Dukes Retreat - Dukes Retreat is a hill top resort located on the edge of a hill that is 500 feet above the ground.

You visit this resort to see the breath taking sceneries and some tranquilizing attractions. There are many more resorts around which you can visit on a bank holiday in Maharashtra.

Ganesh Chaturthi celebration in Maharashtra

In India, each state has its culture and traditions of its own including Maharashtra. Though few festival is celebrated due to the same reason all over India the way, the the festival is celebrated is different from state to state. Ganesh Chaturthi is one of the festivals which is celebrated all over India. But in Maharashtra, this festival is celebrated uniquely.

Ganesh Chathurthi is celebrated in almost every state and city in India. This festival is a bank holiday in Maharashtra and also in the other parts of India. But the way Ganesh Chaturthi celebrated in Maharashtra is a little different. This festival is celebrated with great grandeur. This is an eleven-day festival and this day starts with the installation of beautifully sculpted Ganesh idols. Though it is an eleven-day festival bank holiday in Maharashtra is only on the first day. Ganesh idols are placed in large pandals with some colorfully decorated, depicting religious and cultural themes.

As the festival day is a bank holiday in Maharashtra, people do visits to friends and family to offer prayers and join the celebrations. On the eleventh or final day is a farewell to Ganesha, People take the idols in a parade with music and dance to do immersion in the sea or the lake nearby.

Tips for Healthy Lifestyle during Bank Holidays in Maharashtra

Health conscious people can indulge in improvising their lifestyle during bank holidays.

Indulging in the serenity of nature: One can spend time by enjoying the beauty of greenery.

The fresh air, nature's greenery will soothe the mind and brings calmness and refreshes both body and mind.

Exercise: Practising Yoga or any exercises will increase the physical fitness of the individual. It also helps to keep the diseases at bay.

Cooking: Preparing home made food is another great idea to improve healthy life style during bank holidays. As one gets more time to cook variety of dishes and even to experiment new dishes. Eating freshly cooked home food not only improvises health but also saves money which is spent otherwise on outside food. 

Which month have highest bank holidays and which has lowest bank holidays in Maharashtra?

The month which has the highest number of bank holidays in Maharashtra is April and the month which have the lowest number of bank holidays is July.

Every year in April including Sunday's second and fourth Saturday there will be four more bank holidays those are Annual Closing of Bank Accounts, Shri Ram Navami, Good Friday, and Dr. B.R.Ambedkar Jayanthi. As we all know that few festivals such as good Friday and Shri Rama Navami are as per their religious calendar. But mostly these two public holidays in Maharashtra comes in April. Constituting all these holidays banks will be closed for nearly nine days in this thirty days Month.

Also one of the main reason for having the most number of bank holidays in Maharashtra in April is there are two days in the month which are mandatory bank holidays in Maharashtra those two days are Annual Closing of Bank Accounts day and B.R Ambedkar Jayanthi.

The month in which there are very fewer bank holidays is July because excluding Sunday second Saturday and fourth Saturday there is no other bank holiday in the month of July.

The number of holidays may actcually differ every month and you should keep a watch for the holidays on these days.

Why second and fourth Saturday is a bank holiday in Maharashtra?

From September 2015, it is a bank holiday in Maharashtra on the second and fourth Saturday of every month. So normally we have four Saturdays in every month of which two Saturdays banks will be closed. if there are five Saturdays in a month then the bank will be working on the fifth Saturday.

Before September 2015, it was a holiday on second Saturdays and remaining Saturdays were half days. There was a raging debate on which is the best option to have banks working half days on Saturdays or keeping second and fourth Saturday as holiday and remaining two days as full day working.

If we see clearly holidays on second and fourth Saturdays is better because anyhow banks will be closed on second Saturdays and working a half day on remaining days, which is not so flexible for the customers. If a customer is a little late to the bank or if the bank is crowded the chance for the transaction may miss. But if the bank is open for full day then there will be chances high to do a transaction. If the month have five saturdays then the bank will be full day working for three days in that specfic month.

Technology is taking over these days. Almost we can do everything online. Even we have ATM option. If we take ATM option into consideration one can check the balance, mini-statement, money-transfer, Check status, Donations etc. Almost everything we can do at an ATM. Though second and fourth saturdays are bank holidays in Maharashtra or not it dosen't matter because of the technology.

In all cases look for the list of bank holidays, before you go about planning for the bank holidays in Maharashtra.

Gudi Padwa: An Important bank Holiday In Maharashtra

Gudi Padwa which is also called Ugadi in the south Indian states is a major festival in Maharashtra. This day is a bank holiday in Maharashtra. Here are a few facts about Gudi Padwa that you may find Interesting.

Gudi Padwa is the new year's day as per the Hindu Calendar. The first month of the Hindu Calendar is Chaitra month. Gudi Padwa is the first day of this month. This is a public holiday in Maharashtra, so most of the offices and businesses will be closed on this day.

Gudi Padwa is called by different names in different parts of India. Samvatsar Padvo, Yugadi, Ugadi, Cheti Chand and etc. This festival is celebrated in a different way in different parts of India. In Manipur, on this day people prepare a variety of cuisines and later climb a nearby hillock by end of the day.

Most of the Indian population is dependent on Agriculture. Gudi Padwa is one of the festivals famous for harvesting as this festival marks the end of one season and the beginning of a new one.

Maharashtra's hero Chhatrapati Shivaji, was the person who started the Gudi Padwa celebrations. He started a tradition of raising the Gudi and then on has been followed by every Marathi household to welcome the New Year.

On this day Konkanis make a special dish called Kanangachi Kheer which is a sweet made of sweet potato, coconut milk, jaggery, and rice. It is good that the government of Maharashtra has declared a bank holiday in Maharashtra on this day.

Things to remember before bank holidays in Maharashtra

There are a few things that you should do ahead of the bank holidays in Maharashtra. Among these include not keeping pending work ahead of these holidays. In fact, if you want to have things like huge cash withdrawals you should do it way ahead of the bank holidays in India. This would hold you in good stead just in case you do not want some emergency cash. However, with the demonization, it is advisable not to store large amounts of cash at home. Maharashtra's holiday list is almost the same as that of most other states. In fact, it is not advisable to give a large number of public holidays in India, largely on account of the fact that it could well result in disruption of the usual work that one does. So, one need not demand a holiday at all times and in every possible way as this would lead to an economic loss for the country. In any case visit and check the list of bank holidays in Maharashtra at goodreturns.in

Popular cities in Maharashtra

Pune, Nagpur, Nashik and Solapur are some of the major cities of Maharashtra. In fact, a significant amount of savings in various financial instruments comes from the state. It is believed that 7 per cent of the transactions into the stock market emanate from the state. The state also attracts a significant amount of Foreign Direct Investment into India.

 Maharashtra also has a strong presence in agriculture. Almost half the population is engaged in agriculture. It has important cash crops such as sugarcane, vegetables, spices etc.

Best Mobile Wallet to use during a Bank Holiday in Maharashtra

Mobile Wallet is a payment service operated under financial regulations and performed from or via a mobile device.

The usage of this service is a prepaid method where first we need to recharge the wallet using a credit card, debit Card or net Banking, after which we can use the money in the wallet to make payments. After Demonetization, the number of people who use mobile Wallet has increased. So the services regularly given by the mobile wallet companies also increased. The services provided by these mobile wallets are also useful during a bank holiday in Maharashtra.

A few services which will be very helpful during a bank holiday in Maharashtra are:

Utility Bills - We can pay Utility bills such as electricity bills during a bank holiday in Maharashtra. The method is also very simple. All you need is to enter your consumer number then it will automatically show up the details such as the bill amount. All you need to have is sufficient funds in your wallet.

Municipal Payments - Usually one cannot make municipal payments such as property tax and water bills during a public holiday in Maharashtra. By using a mobile wallet, we can make such payments, and the process is similar to the electricity bill payment process. Not only these there are many services which you can avail such as water bill DTH Recharge and much more. So, go ahead and use the same, so you do not have disruptive bank holidays in Maharashtra.

Few recommended books to read on general holidays in Maharashtra

There are some bank holidays in Maharashtra every year. There are many ways to use these holidays of which spending with a book is an option. Some reasons prove a book is better than watching Television. Here are a few advantages of reading books.

Reading books helps you to increase your creativity. If we take a novel as an example. Everybody portrays the characters and environment in a novel differently depending upon their thinking which helps in increasing creativity.

Reading is peaceful. While reading a book, nobody needs to make noise or listen to any sound. This release of stress helps you to refresh yourself.

You can read books anywhere including in places with no cell signal, electricity, wifi, or satellite transmission. You can carry a book anywhere and read which is not possible with other electronic devices.

There are many more advantages which you will get such as no one will get disturbed because of you. So it is advisable to spend with books during a bank holiday in Maharashtra.

Selecting a book depends on your taste and mind. There are a lot of novels and books written by great authors. There are books with genres such as philosophy, fiction, non-fiction, and much more. It depends completely on you. Which one do you want to go for?

Parsi New Year in Maharashtra

Parsi New year is called as Iranian New Year, Nowruz, Persian New Year, etc. this day is observed as a bank holiday in Maharashtra. Not only Maharashtra Nowruz is celebrated in a lot of other countries such as Iran, China, Afghanistan, Russia, Syrian and much more.

Parsi New year is Being celebrated for over past Three thousand years. It marks the first day of the first month of Iranian calendar. This festival has been celebrated by people from different communities from past thousands of years. This festival is a secular holiday.

On this bank holiday in Maharashtra, People do house cleaning, Purchase new clothes and specifically Iran's wear hyacinth and the tulip on this day and also adores their houses with stars, butterflies, birds, fishes, etc.

They also decorate the doors and windows with garlands of roses and jasmines and make rangoli.

The celebrations start a day before Nowruz in the evening. Though it is not a bank holiday in Maharashtra people making bonfires and jumps over them which is Persian tradition. Also, sings their traditional songs. Like this, there were some festivals which are celebrated in a grand manner though it is a bank holiday in Maharashtra or not.

Plan for a secondary income during a bank holiday in Maharashtra

This is an era where everything is online. There are a lot of YouTubers and bloggers who are earning in lakhs monthly by using their creative skills. Few bloggers travel and take few good photos and upload pictures on their blogs and few write about different places and their experiences there.

Few individuals like to dance. There are few youtube channels on which weekly the YouTuber will upload their performances dancing for few new or old dance numbers, and if the number of viewers or subscribers reach a particular point, youtube will start paying them for displaying advertisement on their youtube channel or a specific video. Not only dance there are a number of famous YouTubers who are showcasing their passion and talent using youtube as a platform and earning money as well. All it needs is that your video to trend on youtube.

There are few youtube channels in which they upload cookery videos or some craft works etc. You can use a bank holiday in Maharashtra in this way. By doing such, you can showcase your passion as well as earn some money additional to your regular income.

Food Offered in Maharashtra

The food like the culture in Maharashtra, expresses the diversity through varied flavours of delicacies offered across the state.

Pav Bhaji and Vada Pav are the most sought out dishes that people can consume anywhere and any time. Missal Pav and ragada pattice are another street food items that can be enjoyed in all seasons. Poha and Sabudana Khichdi are popular breakfast snacks while shrikhand, modak and puran poli are sweet dishes made during certain religious occassions. Pitla Bhakhari is an authentic dish prepared by locals which is known to contain much of the proteins and vitamins for the human body. When visiting during ban holidays in Maharashtra's coastal regions, fishes like Bombil, Paplet, Hilsa and Salmon are offered, mashed and marinated with a rasa containing varied spices, chillies, condiments etc.

Places to Visit in Maharashtra

The vast state has numerous places and activities to experience depending on the tourist and their expectations. Hills stations like Matheran, Lonavala, Mahabaleshwar and Igatpuri are close to Mumbai offering a break from the busy city life. There is no specific time for visiting the state as it has mild winters as well as summers to enjoy the spectacular natural beauty. It is recommended to visit the Sahyadri ranges during monsoon bank holidays in Maharashtra to experience the awesome greenery, coated on the mountainous regions. Religious visitors can opt for pilgrim tours to Ashtavinayak temple, Pandharpur, Shirdi and Kolhapur where thousands of devotees visit all around the year.

Bank Holidays Impact On Maharashtra Culture And Economy

Maharashtra, a prominent Indian state, not only stands out for its cultural richness but also plays a vital role in the country's economy. The state observes several bank holidays, which are intricately tied to its cultural festivities and have a noteworthy impact on its economic activities.

These holidays are not just moments for relaxation and celebration; they are reflective of the state's socio-economic fabric. Understanding the role of bank holidays in Maharashtra's cultural and economic landscape provides an insight into how traditional practices and financial systems are interwoven.

The tapestry of Maharashtra's culture is vividly displayed through its myriad of festivals, many of which lead to designated bank holidays. These holidays include popular national festivals such as Diwali, Independence Day, and Republic Day, as well as regional celebrations like Gudi Padwa, Maharashtra Day, and Ganesh Chaturthi. Each festival carries its historical and cultural legacy, allowing citizens to immerse themselves in the state's heritage and traditions. On these days, banks and financial institutions close their doors, giving employees the opportunity to partake in the festivities with family and friends.

While bank holidays provide a cultural breather, they also hold economic implications for Maharashtra. These days off can lead to a temporary halt in financial transactions and banking operations, affecting cash flow and business dealings. Yet, they also contribute to the economy in indirect ways. Festivals boost demand for goods and services, thus stimulating sectors like retail, hospitality, and tourism. Moreover, bank holidays can result in increased spending as people shop for clothes, gifts, and festive items, infusing cash into the local economy.

Bank holidays in Maharashtra exemplify how tradition and modernity coexist. They allow the financial industry to acknowledge the state's cultural roots while taking a brief pause from the relentless pace of economic activities. In this way, bank holidays serve as a reminder of the importance of maintaining a balance between work and cultural life. They also highlight the need for financial institutions to adapt to regional customs, thereby fostering a sense of community and belonging among their employees and customers.

In conclusion, the bank holidays of Maharashtra are a testament to the state's vibrant culture and its dynamic economy.

They remind us that financial systems do not operate in isolation but are an integral part of society's broader cultural framework. As Maharashtra continues to grow economically, it is crucial to preserve these holidays as a means of honoring cultural identity while also recognizing their economic benefits. By doing so, the state ensures that its development is inclusive and respectful of its rich cultural heritage, thus fostering a well-rounded societal progress.

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