Bank holidays in India, depend on the state one is residing, though there are Public Holidays in India that are applicable throughout the country. These include Republic Day (Jan 26), Independence Day (Aug 15) and Gandhi Jayanti (Oct 2). Apart from these there are important religious and festival holidays including Diwali, Dussehra, Christmas, Eidh, Guru Nanak Jayanthi, Good Friday, Ganesh Chaturthi, Budh Purnima etc.
|State List for Bank Holidays in India|
|Chhattisgarh||Dadra and Nagar Haveli||Daman and Diu|
|Haryana||Himachal Pradesh||Jammu and Kashmir|
|Uttar Pradesh||Uttarakhand||West Bengal|
|Date & Month||Day||Holiday|
Republic dayJanuary 26 is not only republic day it is also Purna Swaraj Day. In 1950 when India's constitution came into effect this date was chosen as it was the anniversary of Purna Swaraj Day, which was held on January 26, 1930. Republic day means means the constitution will give the power to the citizens to govern themselves by choosing their own government.
|February 24||Friday||Maha Shivaratri|
HoliIt was believed Hiranyakashipu a hard hearted and evil King decided to kill his own son as he refused to worship him. He asked his sister 'Holika', who was immune to fire, to sit on a pyre of fire with Prahalad in her lap. Actually they plan to burn Prahalad. But their plan did not go through as Prahalad who was reciting the name of Lord Vishnu throughout was safe, but Holika got burnt to ashes. The defeat of Holika signifies the burning of all that is bad. After this, Lord Vishnu killed Hiranyakashipu. It is actually the death of Holika that is associated with Holi.
|April 1||Saturday||Annual Closing of Bank Accounts|
|April 4||Tuesday||Shri Ram Navami|
Good FridayChristians all over the world Mourn Jesus Christ's crucifixion and death on Friday before Easter Sunday. Many church services are held in the afternoon, usually around noon or midday to 3 pm, to remember the hours when Jesus hung on the cross. Handmade Kites are often are flown in Bermuda on Good Friday to symbolize the cross that Jesus died on, as well as his ascending into heaven.
|May 1||Monday||May Day|
|May 10||Wednesday||Buddha Purnima|
RamzanAs per Muslim's Ramadan is a holy month and the ninth month of the Islamic calendar. Ramadan is a month of blessing marked by prayer, fasting, and charity.
Independence DayIndia got Independence on August 15, 1947. India's independence from Britain ended 200 years of British rule. Much of the efforts for this should be given to our Indian independence leaders Mohandas Karamchand Gandhi.
|August 25||Friday||Ganesh Chaturthi|
|September 2||Saturday||Eid al-Adha (Bakari Eid)|
|September 29||Friday||Maha Navami|
DussehraIn most of northern India and some parts of Maharashtra, Dussehra is celebrated to honor Lord Rama for the victory Ravana.
In West Bengal and the east of India, Durga Puja takes center stage of Dussehra festivities. They celebrate the victory of goddess Durga over the demon Mahishasura in Dvapara yuga. Ashok Vijaya Dashmi is celebrated by Dalit Buddhists as the day Emperor Ashoka converted to Buddhism.
|October 2||Monday||Mahatma Gandhi Jayanti|
DiwaliOn this day Rama returned to his people after 14 years of exile during which he fought and won a battle against Ravana.Hindu's light their houses to celebrate his victory over Demon King.
|November 4||Saturday||Guru Nanak Jayanti|
ChristmasChristmas marks the birth Jesus Christ. Christians remember that Jesus died for us and then came back to life. He was resurrected from the dead on Easter day
The various bank holidays in India and for that matter the public holidays are decided by the central government, the state government and the various union territories in India. The nation being a multi cultural and very diverse country also has many national and other bank holidays. Some of these are very local and they can be decided by the respective state governments. On the other hand some of them are very mandatory and it is not a prerogative of anybody as these are already the national holidays in India. Some of the central government holidays are Good Friday, Christmas, Diwali etc. There are various other central government holidays as well. If you are looking at some of the central government holidays you can know that by visiting the holiday list that we have given. In some states you would typically find more holidays then others. In some states two holidays are on the same day. For example, May 1 is also Maharashtra day and Labour day. This of course is very rare and does not happen very often.
There are various types of holidays that are declared in india. There are the restricted holidays and also the gazetted holidays. The later holidays are compulsory and have to be taken. There are many holidays in India that have to be holidays and are observed by all the states in the country. Following are the list of such holiday. On these days banks are closed for sure.
Republic Day (National Holiday)
Independence Day (National holiday)
Gandhi Jayanti (National Holiday)
Good Friday (A day when Jesus Christ died for the sins of all)
Christmas Day (December 25)
Guru Nanak's Birthday
Eid al-Adha (Bakrid)
The above have been largely considered keeping in mind the various festivals and the religious sentiments of the people. However, there are many other holidays that are restricted and not having a uniform holiday through the length and breadth of the country. There have been numerous thoughts that many holidays can lead to loss of productivity and thus reduce the output of the nation. The government has to hadle the issue with geat sensitivity, given the fact that it also involves the religious sentiments of the people of various states and religions. This is what makes ot a little complicated when declaring bank holidays in India. The government has not to hurt the sentiments of anyone.
National holidays are also called Gazetted holidays. The different states also have their own holidays for typical state holiday , like a foundation day. Bank holidays in India are also followed by states that celebrate a particular festival.
In India, bank holiday is a public holiday when banks and other financial institutions remain closed. While, not all public holidays are classified as Bank Holidays as it varies with state and region. Bank Holidays are declared under the Negotiable Instruments (NI) Act, 1881 by Central/State Governments/ Union Territory.
We often think that we should make the best of the bank holidays of 2017 in India. But, the question is how? There are many ways to do that. The best way would be to just chill and do nothing. We suggest this to be the best on a bank holidays, because it is your one opportunity to avoid the hustle and bustle of the crowd, like you do on a working day. It is also a good opportunity to just laze around doing nothing on a holiday. Or still better the best way would be to just take a book and spend your time reading it. In the end what we are suggesting is that there are many bank holidays 2017 in India. You have opportunities to spend them as you like, but what we are trying to say is just chill, when you have the time to do so. You deserve and should make the utmost of the public holidays in India. One thing that you should remember that all bank holidays in India are government holidays, but the latter may not necessarily be true. Of course, it is highly likely that the private sector may not follow the same pattern of bank holidays in India. These days most folks especially in the citys work on bank holidays, so there is virtually no use of these holidays for them. Life has become so busy that it is almost impossible sometimes to enjoy the holiday in peace.
There is a raging debate whether we should have bank holidays on the second and fourth Saturday's or get banks to work like before on all Saturday's, but as half a day. There has already been an endless debate on the subject and the fact of the matter is that bankers also deserve rest and the though to close banks and similar establishments on Saturdays is a welcome move. It must be noted that on all other Saturdays they are working incuding the fifth Saturday of the month. So, if in a particular month there are 5 Saturdays these would be working on the fifth. It is a good idea to have these holidays as it will help one to plan and prepare well in advance to take care of your banking requirements. If you are looking to visit by chance on the Saturdays mentioned above, make sure that you do not do so. The government only recently changed the guidelines regarding these. However, these holidays does not mean that government also follows the same pattern. In fact, these establishements are closed on every single Saturday of the month. Also, if one establishment has a holiday it does not mean that all of them follow suit. It changes from institution to institution. Even colleges and educational institutions tend to follow their own ways unless they are mandatory holidays. These days with individuals becoming exceedingly busy with their own work, it has bcome extremely busy to get holidays in all of the designated religious holidays. In some states some festivals are very auspicious and holy, while in others there maybe some others which are truly considered as Holy. In any case, there has been some effort to reduce the holidays, however, it may end up hurting some sentiments. So, in the end it is best left to the goverment to consider the same. At the moment, as we see there is very little scope of reducing the number of holidays. In fact, some states have gone on to only increase the nuber of bank holidays that are being given.
Planning well in advance for public holidays
Considering that India has a large population, especially in the cities, it is a good idea to plan well in advance for the holidays. The chances of being disappointed are very high if you plan your holidays at the last moment. This is especially true if you are planning to travel through the Indian railways. The chances are that you might not get train tickets. Bank Holidays in India in 2017 are quite a few. So, plan your trip well in advance to avoid being disappointed. When we mean plan your trip well in advance we mean that you should do your ticketing and things well in advance. Even travel and tours tend to get booked during the early part of the holidays. In a country Bank holidays in India means it is time for travel plans and the biggest problem here is that you have to get train tickets for the same. So, plan well in advance for your trip.
There is always a variation in the way bank and public holidays are determined. Just because a particular state is having a holiday, it does not mean that all states in the country would be having a public holiday. In fact, there would be a particular holiday that is typical to only one state, but it might not be so, in other states in India. This is because the culture is so diverse in India it is almost impossible to give holidays for one particular state and even for the other. In fact, there maybe some states where a particular leader was popular and hence a holiday. Similarly, for another holiday it maybe a holiday for a particular religious holiday, which has promoted the state government to declare a holiday in that state. In any case, when you get a public or a bank holiday, it is a good idea to enjoy it to the hilt. Goodreturns.in will try and also feature the various things that you can do when you have a holiday. At the same time we will also try and feature the various places which you can visit during the holidays. Generally speaking the schools would also have a holiday during the festivals. However, sometime again depending on the nature, you may or may not get leave. Office and office goers may also not get leave, even if there is a government holiday. Sometimes, it is better to check and see the list of bank holidays in India for 2017. We provide an excellent list and database. The national holidays are no doubt bank holidays and most companies in the country have to declare the same as a holiday. The government sector of course is always closed.
a) Public or bank holidays could differ from state to state. However, what is uniform is the holidays for banks, which are on the 2nd and 4th Saturdays of the month.
b) In case there are 5 Saturdays in the month, then the bank would work on this 5th Saturday.
c) There would be some states that have holidays for the birth or death anniversary of a particular religious leader, while others may not. So, there is no uniformity that is followed between all the states.
d) There could be some public or bank holidays that fall on a Monday or Friday, which means you get a higher number of holidays if you avail leave of them together.
e) Government holidays does not mean that the bank would always remain closed and vice versa. Gazetted holidays, bank holidays, public holidays and government holidays are ways to describe the different holidays in India.
f) These days it is a good idea to check the holidays in advance before you plan how to spend them. What we suggest is that you take a look at the list that we have given. Do not forget to bookmark the page. We have a detailed list that incorporates all of them.
In India Public holidays and bank holidays assume great significance. The reason for the same are plenty. Take a look at some of the reasons:
1) Bank holidays are used as a day to complete pending work.
2) A time when you can visit friends and relatives, especially a long standing relative, whom we have not visited for a long time.
3) A day when you can take your family members and have a good leisure time.
4) It is also a festive time, when there are holidays. Some of course spend their time in cleaning their houses and generally catch up with reading a book or doing things that give them the pleasure.
There are many ways you can celebrate the many bank holidays and public holidays that we get in India. Take the case of Christmas, which each year comes on December 25th. Individuals may bake a turkey, prepare Christmas sweets well in advance, place a crib outside their house, and sing Christmas Carols by singing in the viscnity. A great way to celebrate the festival. Diwali is another day we celeberate the festival in a great way. People burn fire crackers, while others suggest not to do so. It is also similar to Christmas in terms of making and distributing sweets. Among the other noted festivals that we have is also the Eidh Festival celeberated by the Muslims. During the festive holidays, there are a host of things that you can do. If you have the option of celeberating it would be good, or else you can spend time on a holiday. You can take the many tour packages that are on offer and go off to a far off place. Remember, public holidays are a time for fun and frolic saw do enjoy it to the very utmost. Indians are warm loving people with a very great diversity, where one individual from a particular religion tends to even celeberate festival from another religion as well. There are many other religious festivals that are thus celeberated to mark the various festivals in India. If you are not celebrating a particular festival, it is best that you spend time in some outdoor activity to stay fit.
Honestly speaking there is no difference between the state holidays, public holidays and bank holidays in India. All are one and the same. in fact, one holiday is embbeded in the other and there is absolutely difference. It is just that each individual uses each term very vaguely and you can use either of the terms. For example a religious holiday in India can also be a public holiday and a bank holiday. On the other hand all three can be a holiday at the same time. In Indian Bank Holidays are basically used as a term to specify that the bank would be closed. Does this mean that all of the private companies and corporations in the country would be closed. Not necessarily so. For example, there are certain religious festivals in India, which are also public holidays in the country and also bank holidays in the country. However, just because a particular holiday is a bank holiday, there may not nececssarily be a closure of private companies. What we can say with some certainty that in most of the cases you would find that the government offices are closed. If the government offices are closed we can to some extent say that it is a public holiday. With the fast emergence of the private sectot and the important role that it is playing in nation building not many individuals are having holidays on all of the days. Some private companies are giving restricted holidays and not all holidays are given as offs. However, if you are working in a government enterprise you can consider yourself a little more lucky than others for the numbers of holidays.
This is a very difficult question to answer and there are a number of reasons for the same. The first and the foremost is that there could be an increase in the public holidays, depending on the state that you are in. For example, there are many states that add fresh holidays due to a personality that the government feels should be honoured or a festival that needs to be honoured keeping in mind sentiments of the people. At the moment as we know there are two Saturday's that banks have holidays and that is the second and the fourth saturdays. The others are earmarked as working Saturdays for the banks. If there are five Saturday's in a month then all five of these would be working. One thing we wish to state is that there are plenty of public holidays in India and one need not worry on that account. There are also many holidays that would be typical for a particular state. For example, Uttar Pradesh, might have a public holiday that might be typical to that state and not be celebrated else where. So, it all depends on where you stay as well. The more government holidays there are the merrier it would be. If you want to spend you bank holidays in India, there are many things you could do, buy above all, you might just like a relaxed time. How, why and where is something that you would have to decide yourself.
Religious holidays in India are bank holidays, at least the large ones. So, the various religious holidays like Christmas and Good Friday for the Christians, Eidh for the Muslims and Diwali for the Hindus are celebrated. There have been calls in the past to reduce the number of religious holidays in India, however, that is unlikely to happen. It is important to respect the sentiments of one and all, which is why these were granted as holidays in the past. Also, these bank holidays enable you spend some time in fellowshipping with your near and dear ones. In fact, Indians are known to fervently celebrate their religious holidays with zeal, gutso and deterrmination. In fact, there has been no increase as such in the number of religious holidays, which are public holidays in the country. Here it is also important to state that while one state in India may have designated one religious festival as a holiday another might designate another one. However, some of the big major religious festivals find holidays in all the state of the country. So go ahead and have a good time with your family whether it is a religious holiday, a public holiday or a government holiday, enjoy it to the hilt.
Essentially the bank holidays in India can be divided into two categories. The first and the foremost is the religious holidays and the next is the national holidays in india. Both of these categories account for the total holidays in the state. While there are few national holidays, there are a lot of festival and religious holidays in the country. Now among these we have holidays that are restricted to particular states, while others may not have the same set of holidays. It is therefore very important to check the list of bank holidays in India before making any plans. The more the number of holidays the better it is for people, though it tends to impact and affect business. However, these days there are many other holidays that could arise on an unxpected basis. These would include the sudden hartals and bundhs that could result in a holiday. By and large holidays are good thing for those looking to spend time with family and friends. If you have plans just take a look at our list of bank holidays at goodreturns.in. It will help you make good plans.
There are plenty of things to do and ways to spend your bank holidays in India. Among these include taking a trip to different parts of India. In fact, you do not have to look for places beyond India to spend your holidays. There are so many things to do especially here itself, that you are spoilt for choice. Remember, that the things that you can do here, you cannot do anywhere across the world. Such is the diversity of this great country that you would be spoilty for choice to spend your public holidays here. You can go to some of the beaches in the country that span some states like Goa, Mumbai etc. You can visit some of the most beautiful hill stations in the country, including those in the Southern parts, including places like Kodaikanal, Ooty etc. You can also visit some of the many hill stations and valleys in the north, including the likes of Nainital, Kullu, Manali etc. You can go slightly offtrack for a safari as well. India offers so much to do during the public and bank holidays, that you would really not have the time to complete your trip. This is because the bank holidays in India are never clubbed together. So, it is better to plan your holidays well in advance so that you can ake the best of it.
There are a whole lot of Indian Holidays 2017. The popular ones of course are the ones where the entire country gets a bank holiday. We have given you a complete list of bank holidays for your perusal and consideration. In some states the list of holidays is much larger then some others. You need to take a look at the holidays in India list before you plan an outing with your family. Also, you have the opportunity to club these with some of the weekends to ensure that you have good and long holiday and do not lose our on the accumulated holidays.
There are many bank holidays in India, but there are national holidays in India, which see almost a complete shutdown of everything including the corporates and businesses. Some festivals may or may not be a bank holiday in India. It all depends on the state you are residing in. In some states the larger festivals are bank holidays in India, while other may not. So, in short whether a state has a bank holiday or not, largely depends on the type of festival. As mentioned earlier the national holidays are bank holidays for sure. So, there are no defined bank holidays for some public or festival holidays. In India bank holidays largely depend on the state you are in. So, some holidays will be more than the others, while others would be pretty less. In fact, there is no uniformity in bank holidays and it is only the national holidays that are sure holidays across the length and breadth of India.
It is very important to plan your bank holiday well in advanace for a number of reasons. The first is that you do not have to face the rush and be disappointed. What we mean by that is if you have planned a trip during a bank holiday in India, and if the hotels are completely booked during the government holiday, you would be a disappointed person. It is therefore very important that you plan your holidays well in advance. Apart from this the other important thing to remember is the fact that you need to get in touch with friends and acquaintences well in advance to plan to spend the bank holidays in a very efficient manner. So, keep these things in mind, before planning your holiday. These days there are a number of websites that will offer you assistance in planning your trip. You can do all your bookings online during the holidays.
There are many things to do on public holidays in India. Individuals go out and watch a movie. There is also a great wholesome time that is spent with family members. Depending on the state that you are in, you can visit some of the places of interest on a bank holiday in India. For example, spending time in public places like parks, is a common thing during the government holidays in India. The country is very unique and offers a whole lot of things to do during the holidays. Some individuals prefer spending time with the family and friends on these days. It really depends on your own priorities and ways of thinking as to what you want to do on a bank holiday in India. Take a look at the list of public holidays before you plan or do anything in the country.
There is also a scope to club together some of the public holidays in India in 2017. What we mean by this is that if you have a government holiday falling on a Friday, you can go for a long weekend trip for Friday, Saturday and Sunday holiday. You can take family and friends and club together the private and the pulic holidays that you see. For that you need to do adequate planning and check the calendar well in advance. This year in 2017, there are many such holidays that can be clubbed together, so watch out for these holidays. The best way to enjoy the public holidays is to join them together with other holidays in India. Whether you club your holidays or not, just go ahead and take leaves, it would help you spend a good time with family and friends. we have highlighted a list of holidays that also come on a onday and a Friday as well so you ca take note of the same. Every year, there is a high possibility that these would be on at least some or the other days in the country.
When you are on a bank holiday in India, there are a number of things that you could do. The first and the foremost is that you should do the following:
1) Visit a religious place. Spend some time in the holidays visiting a religious place to have good holidays. This will ensure that you are in tune with God. Why only that you can visit an old age home or engage in many social and charitable deeds.
2) On the public holidays in India, you can visit that relative that you have not visited in a long time.
3) You can visit a place of public interest. There are many places that you can visit. Among these are the long lasting place where you felt that you needed to visit. Also, it is a good time to spend with family and friends or simply sit reading a novel at home. In short there are plenty of things to do and you just need to take a call on what needs to be done.
4) Lastly what we recommend that you do not do is to waste your time in front of the mobile phone or the television. You need to give your eys good rest at least during the bank and the public holidays in India.
In case you have the time, the best thing would be to read a novel and spend time reading a novel. In fact, it is time when you stay away from the television and the internet and spend some time reading, which could do you a world of good. In fact, since you are away from work it is a good idea to stay away from your machine and also spend time exercising. Those who wish to spend some time during the public holiday could also spend time pampering themself with a good head massage, to just calm down the head. This is especially because in this day and time, we are so busy with our own things that we fail to pamper ourselves during the holiday. We had initially also suggested reading a novel because we simply wanted individuals to get some relief for their eyes on the government holiday, because all through the other days, folks are busy glued to their laptops, which is not the best thing to do even on a holiday. All in all, there are plenty of things that you could do and follow on a bank holiday in India. The one thing that you must keep in mind is that holidays in India are meant to chill and you should truly enjoy the same to the hilt. The best and the most ideal way would also be to spend some more time with your loved ones like the family and children. One can look at a short vacation as well and we will highlight the ways you can spend the government holidays in India and the places you can visit for the purpose.
There are nearly 92 bank holidays in India every year. So for investors in the stock market, a question pop up is that a holiday for the stock market as well. Actually, there are set of holidays for the stock market as well which may or may not be bank holidays in India.
There are 13 market holidays in which there are three basic gazetted holidays. Republic Day, Independence Day and Gandhi Jayanthi. These three holidays are not the only holiday for NSE and BSE. But it is a government holiday in India. On this day no bank, Educational institutions or government offices in India will work.
Of the ten remaining market holidays, eight of them are festival holidays those are for Mahashivratri, Holi, Ram Navami, Good Friday, Id-Ul-Fitr, Ganesh Chaturthi, Diwali, Christmas. These all holidays are not bank holidays in India. As few holidays are bank working days. The reason behind this is few festival holidays are not public holidays in few states, such as Ganesh Chaturthi is not a bank holiday in Punjab.
Two remaining market holidays are Dr. Baba Saheb Ambedkar Jayanti and Maharashtra Day. In these two holidays Dr. Baba Saheb Ambedkar Jayanti is a national holiday in India whereas on Maharashtra Day excluding Maharashtra, Banks will be working in all the states and cities in India.
The Big question which strikes us during a bank holiday in India is how to do a money transaction. In this modern era most of the things one can do without visiting Bank. We have a lot of options such as Mobile Banking, Internet Banking and much more. Of all these, the easiest method is using an ATM. Do you know one can do more than 16 things in an ATM.
Check out top five things here:
1. First and the most important aspect is the withdrawal of money. Yes, there is a limit for withdrawal but in few situations that helps a lot.
2. Using an ATM one can do donations to charities and temples such as Tirupati, Palani, Ramakrishna Mission, Kashi Vishwanath, etc. This facility is provided by SBI, ICICI, HDFC and few top banks.
3. Balance Enquiry - One Can check their bank balance by using ATM. This service is provided by every single bank. So one can check their Bank Balance of their respective accounts on a bank holiday in India
4. Mini Statement - Mini statement means a statement in which you can check the last ten transactions you did. Even this facility is provided by all the banks.
5. Mobile Recharge - This facility is started very recently before this facility was not there. One can recharge their mobile by using ATM. This facility is not provided by all the banks. Most of the top banks such as SBI, ICICI, HDFC have this facility. So one can use this facility if required.
In order to be well prepared it is better to check the bank holidays in India, so that you do not face shortage of cash on the public holidays. We have provided a list of bank holidays in india and one can check the same.