Bank Holidays List For 2023 In India

As per the Reserve Bank of India's calendar, every private and public sector bank will remain closed on National and Government holidays. Again, Government bank holidays in India are categorised as State and Central Government holidays. Moreover, the Negotiable Instruments Act, of 1881, proposes off days on banks' closing accounts and real-time gross settlement holidays. 

Apart from these, there are weekly holidays on Sundays and alternative Saturdays. Usually, the second and fourth Saturdays are counted as bank holidays. Scroll down for the complete list of bank holidays in 2023!

Bank Holidays List in January 2023

Here is the holiday list for January 2023:

• 1 January Sunday – New Year’s Day 
• 23 January Monday – Netaji Subhash Chandra Bose Jayanti 
• 26 January Thursday – Republic Day 

Bank Holidays List in February 2023

Following is the holiday list for February 2023:

• 5 February Sunday – Guru Ravidas Jayanti
• 18 February Saturday – Maha Shivratri

Bank Holidays List In March 2023

Take a look at the holiday list for March 2023:

• 8 March Wednesday – Holi
• 22 March Wednesday – Ugadi
• 30 March Thursday – Ram Navami

Bank Holidays List In April 2023

Check out the holiday list for April 2023:

• 4 April Tuesday – Mahavir Jayanti
• 7 April Friday – Good Friday
• 14 April Friday – Ambedkar Jayanti
• 22 April Saturday – Eid-Ul-Fitr

Bank Holidays List In May 2023

Know the holiday list for May 2023:

• 1 May Monday – May Day / Labour Day
• 5 May Friday – Buddha Purnima

Bank Holidays List in June 2023

Note down the holiday list for June 2023:

• 29 June Thursday – Bakri Eid / Eid Al adha

Bank Holidays List In July 2023

Here is the holiday list for July 2023:

• 29 July Saturday – Muharram

Bank Holidays List In August 2023

Take a look at the holiday list for August 2023:

• 15 August Tuesday – Independence Day
• 16 August Wednesday – Parsi New Year
• 31 August Thursday – Raksha Bandhan

Bank Holidays List In September 2023

Following is the holiday list for September:

• 7 September Thursday – Janmashtami
• 19 September Tuesday – Ganesh Chaturthi
• 28 September Thursday – Eid-e-Milad

Bank Holidays List In October 2023

Take a look at the holiday list for October 2023:

• 2 October Monday – Gandhi Jayanti
• 21 October Saturday – Maha Saptami
• 22 October Sunday – Maha Ashtami
• 23 October Monday – Maha Nabami
• 24 October Tuesday – Vijaya Dashami

Bank Holidays List In November 2023

Check out the holiday lists for November 2023:

• 12 November Sunday – Diwali
• 13 November Monday – Deepavali Holiday
• 15 November Wednesday – Bhai Dooj
• 27 November Monday – Guru Nanak Jayanti

Bank Holidays List In December 2023

Here is the holiday list for December 2023:

• 25 December Monday – Christmas Day

List of Second & Fourth Saturdays 

• 14 January – Second Saturday
• 28 January – Fourth Saturday
• 11 February – Second Saturday
• 25 February – Fourth Saturday
• 11 March – Second Saturday
• 25 March – Fourth Saturday
• 8 April – Second Saturday
• 22 April – Fourth Saturday
• 13 May – Second Saturday
• 27 May – Fourth Saturday
• 10 June – Second Saturday
• 24 June – Fourth Saturday
• 8 July – Second Saturday
• 22 July – Fourth Saturday
• 12 August – Second Saturday
• 26 August – Fourth Saturday
• 9 September – Second Saturday
• 23 September – Fourth Saturday
• 14 October – Second Saturday
• 28 October – Fourth Saturday
• 11 November – Second Saturday
• 25 November – Fourth Saturday
• 9 December – Second Saturday
• 23 December – Fourth Saturday

Conclusion

The cultural and regional diversity of India brings in vibrant festivals across the country throughout the year. Apart from the three national holidays, i.e., Republic Day, Independence Day, and Mahatma Gandhi Jayanti, we also have holidays to celebrate cultural festivals. Banks remain closed on the respective bank holidays as mentioned above in the bank holiday list 2023.

Frequently Asked Questions

Does NEFT work on bank holidays?

The Reserve Bank of India conducts NEFT transactions. Thus, it does not work on those days when RBI remains closed.

Is 1 April a bank holiday?

1 of April marks the yearly closing of bank accounts. Thus, it is obtained as a holiday for banks every year. In 2023, the 1 April is on Friday. Thus, there's a long weekend, considering Ugadi on 2 April 2023, Saturday, and 3 April 2023 being Sunday.

Which Saturday is a bank holiday?

Banks remain closed on the second and fourth Saturdays across the country, irrespective of states and union territories.

Is Dhanteras a bank holiday?

There’s a regional bank holiday on Dhanteras. Banks across the country do not remain closed on Dhanteras.

Is Mahashivratri a bank holiday?

Banks remain closed on Mahashivratri. However, this year the occasion is on 18 February 2023, which is a Saturday. Thus, banks will remain closed on the third Saturday of February as well. Technically, banks are closed on all Saturdays in February 2023.