Bank Holidays 2023
What are Bank Holidays?
Bank holidays in India refer to specific days
when banks and financial institutions suspend regular business operations.
Transactions involving accounts, loans, and other financial activities are
temporarily halted on these days, affecting the general public.
The Reserve Bank of India (RBI), the central banking institution, designates bank holidays in India. This list is typically prepared annually, considering various factors such as national and regional holidays, festivals, and public events.
Classification of Bank Holidays
Bank holidays in India can be broadly classified into the following categories:
1.
Public Holidays: These are government-recognized holidays observed nationwide.
Examples include Independence Day, Republic Day, Gandhi Jayanti, and Christmas.
2.
Festival Holidays: Based on major religious or cultural festivals celebrated
across different states, like Diwali, Eid, Christmas, Holi, and Durga Puja.
3.
Regional Holidays: Specific to certain states or regions, related to the
observance of a particular regional event, festival, or occasion.
4.
Gazetted Holidays: Official public holidays announced by the government through
the official gazette, observed nationwide.
5.
Restricted Holidays: Employees have the option to choose specific holidays from
a list of restricted holidays, in addition to mandatory holidays. The number of
restricted holidays varies depending on the state or organization.
It's
essential to note that on these holidays, routine transactions are suspended.
However, essential services such as ATM facilities and online banking may still
be available. Moreover, operations related to foreign exchange and critical
services like check clearance for the stock market may continue even on bank
holidays.
Bank Holidays in January 2023
The
list of Bank holidays in India in January 2023 is as follows:
|
Month and Date |
Name |
Day |
|
14 January 2023 |
Saturday |
Second Saturday |
|
26 January 2023 |
Thursday |
|
|
28 January 2023 |
Saturday |
Fourth Saturday |
Bank Holidays in February 2023
The
list of Bank holidays in India in February 2023 is as follows:
|
Month and Date |
Name |
Day |
|
11 February 2023 |
Saturday |
Second Saturday |
|
25 February 2023 |
Saturday |
Fourth Saturday |
Bank Holidays in March 2023
The
list of Bank holidays in India in March 2023 is as follows:
|
Month and Date |
Name |
Day |
|
8 March 2023 |
Wednesday |
|
|
11 March 2023 |
Saturday |
Second Saturday |
|
25 March 2023 |
Saturday |
Fourth Saturday |
|
30 March 2023 |
Thursday |
Bank Holidays in April 2023
The
list of Bank holidays in India in April 2023 is as follows:
|
Month and Date |
Name |
Day |
|
4 April 2023 |
Tuesday |
|
|
7 April 2023 |
Friday |
|
|
8 April 2023 |
Saturday |
Second
Saturday |
|
14 April 2023 |
Friday |
|
|
22 April 2023 |
Saturday |
Fourth
Saturday |
|
22 April 2023 |
Saturday |
Bank Holidays in May 2023
The
list of Bank holidays in India in May 2023 is as follows:
|
Month and Date |
Name |
Day |
|
1 May 2023 |
Monday |
May Day/Labour Day |
|
5 May 2023 |
Friday |
|
|
13 May 2023 |
Saturday |
Second Saturday |
|
27 May 2023 |
Saturday |
Fourth Saturday |
Bank Holidays in June 2023
The
list of Bank holidays in India in June 2023 is as follows:
|
Month and Date |
Name |
Day |
|
10 June 2023 |
Saturday |
Second Saturday |
|
24 June 2023 |
Saturday |
Fourth Saturday |
|
29 June 2023 |
Thursday |
Bakrid/Id-ul-Zuha |
Bank Holidays in July 2023
The
list of Bank holidays in India in July 2023 is as follows:
|
Month and Date |
Name |
Day |
|
8 July 2023 |
Saturday |
Second Saturday |
|
22 July 2023 |
Saturday |
Fourth Saturday |
|
29 July 2023 |
Saturday |
Bank Holidays in August 2023
The
list of Bank holidays in India in August 2023 is as follows:
|
Month and Date |
Name |
Day |
|
12 August 2023 |
Saturday |
Second Saturday |
|
15 August 2023 |
Tuesday |
|
|
26 August 2023 |
Saturday |
Fourth Saturday |
Bank Holidays in September 2023
The
list of Bank holidays in India in September 2023 is as follows:
|
Month and Date |
Name |
Day |
|
7 September 2023 |
Thursday |
Janmashtami (Vaishnva) |
|
9 September 2023 |
Saturday |
Second
Saturday |
|
23 September 2023 |
Saturday |
Fourth
Saturday |
|
28 September 2023 |
Thursday |
Milad-un-Nabi
or Id-e-Milad |
Bank Holidays in October 2023
The
list of Bank holidays in India in October 2023 is as follows:
|
Month and Date |
Name |
Day |
|
2 October 2023 |
Monday |
|
|
14 October 2023 |
Saturday |
Second
Saturday |
|
24 October 2023 |
Tuesday |
|
|
28 October 2023 |
Saturday |
Fourth
Saturday |
Bank Holidays in November 2023
The
list of Bank holidays in India in November 2023 is as follows:
|
Month and Date |
Name |
Day |
|
11 November 2023 |
Saturday |
Second
Saturday |
|
25 November 2023 |
Saturday |
Fourth
Saturday |
|
27 November 2023 |
Monday |
Bank Holidays in December 2023
The
list of Bank holidays in India in December 2023 is as follows:
|
Month and Date |
Name |
Day |
|
9 December 2023 |
Saturday |
Second Saturday |
|
23 December 2023 |
Saturday |
Fourth Saturday |
|
25 December 2023 |
Monday |
Complete List of Bank Holidays in 2023
|
Date |
Day |
Holiday |
|
14 January 2023 |
Saturday |
Second Saturday |
|
26 January 2023 |
Thursday |
|
|
28 January 2023 |
Saturday |
Fourth Saturday |
|
11 February 2023 |
Saturday |
Second Saturday |
|
25 February 2023 |
Saturday |
Fourth Saturday |
|
8 March 2023 |
Wednesday |
|
|
11 March 2023 |
Saturday |
Second Saturday |
|
25 March 2023 |
Saturday |
Fourth Saturday |
|
30 March 2023 |
Thursday |
|
|
4 April 2023 |
Tuesday |
|
|
7 April 2023 |
Friday |
|
|
8 April 2023 |
Saturday |
Second Saturday |
|
14 April 2023 |
Friday |
|
|
22 April 2023 |
Saturday |
Fourth Saturday |
|
22 April 2023 |
Saturday |
|
|
1 May 2023 |
Monday |
May Day/Labour Day |
|
5 May 2023 |
Friday |
|
|
13 May 2023 |
Saturday |
Second Saturday |
|
27 May 2023 |
Saturday |
Fourth Saturday |
|
10 June 2023 |
Saturday |
Second Saturday |
|
24 June 2023 |
Saturday |
Fourth Saturday |
|
29 June 2023 |
Thursday |
Bakrid/Id-ul-Zuha |
|
8 July 2023 |
Saturday |
Second Saturday |
|
22 July 2023 |
Saturday |
Fourth Saturday |
|
29 July 2023 |
Saturday |
|
|
12 August 2023 |
Saturday |
Second Saturday |
|
15 August 2023 |
Tuesday |
|
|
26 August 2023 |
Saturday |
Fourth Saturday |
|
7 September 2023 |
Thursday |
Janmashtami (Vaishnva) |
|
9 September 2023 |
Saturday |
Second Saturday |
|
23 September 2023 |
Saturday |
Fourth Saturday |
|
28 September 2023 |
Thursday |
Milad-un-Nabi or Id-e-Milad |
|
2 October 2023 |
Monday |
|
|
14 October 2023 |
Saturday |
Second Saturday |
|
24 October 2023 |
Tuesday |
|
|
28 October 2023 |
Saturday |
Fourth Saturday |
|
11 November 2023 |
Saturday |
Second Saturday |
|
25 November 2023 |
Saturday |
Fourth Saturday |
|
27 November 2023 |
Monday |
|
|
9 December 2023 |
Saturday |
Second Saturday |
|
23 December 2023 |
Saturday |
Fourth Saturday |
|
25 December 2023 |
Monday |
Bank Holidays Delhi in 2023
Following is a list of Bank Holidays in Delhi for 2023
|
Date |
Day |
Holiday |
|
26 January 2023 |
Thursday |
Republic Day |
|
8 March 2023 |
Wednesday |
Holi/Holi 2nd Day – Dhuleti/Yaosang 2nd Day |
|
1 April 2023 |
Saturday |
To enable Banks to close their yearly accounts |
|
4 April 2023 |
Tuesday |
Mahavir Jayanti |
|
7 April 2023 |
Friday |
Good Friday |
|
22 April 2023 |
Saturday |
Ramzan Eid (Eid-Ul-Fitr) |
|
5 May 2023 |
Friday |
Buddha Purnima |
|
29 June 2023 |
Thursday |
Bakri Eid (Eid-Ul-Adha) |
|
29 July 2023 |
Saturday |
Muharram (Tajiya) |
|
15 August 2023 |
Tuesday |
Independence Day |
|
28 September 2023 |
Thursday |
Eid-E-Milad/Eid-e-Meeladunnabi – (Prophet
Mohammad’s Birthday) (Bara Vafat) |
|
2 October 2023 |
Monday |
Mahatma Gandhi Jayanti |
|
24 October 2023 |
Friday |
Dussehra/Dusshera (Vijaya Dashmi)/Durga Puja |
|
27 November 2023 |
Monday |
Guru Nanak Jayanti/Karthika Purnima |
|
25 December 2023 |
Monday |
Christmas |
All 2nd and 4th Saturday and Sundays are bank holidays in Delhi