The list of Bank Holiday
The days of bank holidays observed In India depend on the respective state government. However, in most cases, the state government almost follows the list of Bank Holidays followed by the central government. This list of bank holiday is issued by the Department of Personnel and Training. The central government holiday list is released in June each year. Let us read more on the March-April bank holidays.
Banks in India, both public and private sector, remain closed on all public holidays, national holidays, and the second and the fourth Saturdays of the month. In April 2021, banks will remain closed on the occasion of Ram Navami, Mahavir Jayanti, Good Friday, and Ambedkar Jayanti. In addition to these holidays, bank holidays vary from state to state.
The holidays which are announced by the Central Government apply to all the banks across India while the holidays that are announced by the State Governments apply to the banks of that particular state. For example, Maharashtra Day is a bank holiday in the state of Maharashtra while all other banks across the country will remain open. Himachal Day is a bank holiday in the state of Himachal Pradesh while the banks in other states will remain open. Let’s look at a list of March April bank holidays.
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Bank Holidays in March 2021
Bank Holidays in April 2021
Bank Holidays in April Statewise - Check out Bank April Holidays 2021
List of Gazetted Holidays 2021
Gazetted holidays are observed by schools, banks, and other organizations (both private as well as public.)
Restricted Holidays 2021
These are optional holidays and it depends on an individual employee whether he or she wants to take the holiday or not.
List of Bank Holidays 2022
Bank Holidays in January 2022
Republic Day – 26 January 2022 – Wednesday
Bank Holidays in February 2022
No Bank Holidays in February 2022
Bank Holidays in March 2022
Maha Shivratri – 01 March 2022 – Tuesday
Holi – 18 March 2022 – Friday
Bank Holidays in April 2022
Mahavir Jayanti – 14 April 2022 – Thursday
Good Friday – 15 April 2022 – Friday
Bank Holidays in May 2022
Id-ul-Fitr – 03 May 2022 – Tuesday
Budha Purnima – 16 May 2022 – Monday
Bank Holidays in June 2022
No Bank Holidays in June 2022
Bank Holidays in July 2022
Id-ul-Zuha (Bakrid) – 10 July 2022 – Sunday
Bank Holidays in August 2022
Muharram – 09 August 2022 – Tuesday
Independence Day – 15 August 2022 – Monday
Janmashtami – 19 August 2022 – Friday
Bank Holidays in September 2022
No Bank Holidays in September 2022
Bank Holidays in October 2022
Mahatma Gandhi’s Birthday – 02 October 2022 – Sunday
Dussehra – 05 October 2022 – Wednesday
Milad-un-Nabi or Id-e-Milad – 09 October 2022 – Sunday
Diwali (Deepavali) – 24 October 2022 – Monday
Bank Holidays in November 2022
Guru Nanak’s Birthday – 08 November 2022 – Tuesday
Bank Holidays in December 2022
Christmas Day – 25 December 2022 – Sunday
FAQs on Bank Holidays in April
1. What Is a Bank Holiday?
A bank holiday is a business day on which the financial institutions are closed. Since many online banking services continue to operate on all days, bank holidays are relevant for the physical branch locations. The dates for bank holidays are days when most financial institutions such as stock exchanges, brokerage firms, and traders also have a holiday.
In India, all banks are closed on public holidays. There are certain state-specific bank holidays on which banks in a particular state have a holiday and some country-wide bank holidays where banks throughout the country are non-operational. All-India holidays are Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Festivals like Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday are also considered bank holidays. The second and fourth Saturdays of every month are also bank holidays.
2. Is Ambedkar Jayanti a bank holiday?
Ambedkar Jayanti bank holiday is observed country-wide. Ambedkar Jayanti or Bhim Jayanti is observed on 14 April to commemorate the memory of B. R. Ambedkar. It marks the birthday of Dr. Babasaheb Ambedkar who was born on 14 April 1891. Dr. Babasaheb Ambedkar Jayanti is a public holiday in more than 25 states and union territories of India, including Andhra Pradesh, Madhya Pradesh, Gujarat, Bihar, Chandigarh, Goa, Ladakh, Haryana, Uttar Pradesh, Himachal Pradesh, Chhattisgarh, Jammu and Kashmir, Jharkhand, Telangana, Karnataka, Kerala, Maharashtra, Odisha, Pondicherry, Punjab, Rajasthan, Sikkim, Tamil Nadu, Uttarakhand, West Bengal, etc.
In 2021, Ambedkar Jayanti was a bank holiday in most states except a few cities where the banks were operating. These cities were Bhopal, Aizawl, New Delhi, Chandigarh, Raipur, Shimla, as well as Shillong. This directive was issued by the RBI. The bank holidays are notified by the RBI under the Negotiable Instruments Act.
3. What dates will be bank holidays in April 2022?
The dates for bank holidays in April 2022 are:
Mahavir Jayanti – 14 April 2022 – Thursday
Good Friday – 15 April 2022 – Friday
4. Why is Babu Jagjivan Ram’s birthday considered a bank holiday?
Babu Jagjivan Ram Jayanti is celebrated on the 5th of April every year and it is a regional holiday considered very important in the states of Telangana and Andhra Pradesh. The holiday marks the birth anniversary of Babu Jagjivan Ram who was born on 5 April 1908. He was a notable Indian activist and a politician who fought for the rights of the oppressed classes including the scheduled castes.
