Bank Holidays 2023 in India
Both public and private sector banks stay closed on public and state- or country-specific holidays. Here’s a list of bank holidays in 2023 in India.
Bank Holidays 2023 in India
Here is the list of all the major bank holidays in India in 2023. For a more detailed regional-specific bank holiday list, please go the specific state holiday pages given here.
Date | Day | Holiday |
14 January 2023 | Saturday | Second Saturday |
26 January 2023 | Thursday | Republic Day |
28 January 2023 | Saturday | Fourth Saturday |
11 February 2023 | Saturday | Second Saturday |
25 February 2023 | Saturday | Fourth Saturday |
8 March 2023 | Wednesday | Holi |
11 March 2023 | Saturday | Second Saturday |
25 March 2023 | Saturday | Fourth Saturday |
30 March 2023 | Thursday | Ram Navami |
4 April 2023 | Tuesday | Mahavir Jayanti |
7 April 2023 | Friday | Good Friday |
8 April 2023 | Saturday | Second Saturday |
14 April 2023 | Friday | Dr Ambedkar Jayanti |
22 April 2023 | Saturday | Fourth Saturday |
22 April 2023 | Saturday | Id-ul-Fitr |
1 May 2023 | Monday | May Day/Labour Day |
5 May 2023 | Friday | Buddha Purnima |
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 | Muharram |
12 August 2023 | Saturday | Second Saturday |
15 August 2023 | Tuesday | Independence Day |
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 | Mahatma Gandhi’s Birthday |
14 October 2023 | Saturday | Second Saturday |
24 October 2023 | Tuesday | Dussehra |
28 October 2023 | Saturday | Fourth Saturday |
11 November 2023 | Saturday | Second Saturday |
25 November 2023 | Saturday | Fourth Saturday |
27 November 2023 | Monday | Guru Nanak’s Birthday |
9 December 2023 | Saturday | Second Saturday |
23 December 2023 | Saturday | Fourth Saturday |
25 December 2023 | Monday | Christmas Day |
Types of Bank Holidays 2023
Bank holidays are of two types: National Holidays and Government Holidays. India observes three national holidays that include 1) Republic Day 2) Independence Day and 3) Mahatma Gandhi Jayanti. National holidays are also known as Gazetted holidays. Banks and other types of financial institutions remain shut on national holidays.
Government holidays are further classified as state government bank holidays and Central Government bank holidays. State government bank holidays differ amid Indian states whereas Central Government bank holidays are commonly observed across the country. Maharashtra Day is a bank holiday in Maharashtra. Goa Liberation Day is a bank holiday in Goa, while Haryana Day is a bank holiday in Haryana.
Bank Holidays on the Second and Fourth Saturdays
In addition to the aforementioned bank holidays, banks also remain shut on the second and fourth Saturdays of each month. If a month has five Saturdays, the fifth Saturday will be a bank working day. Earlier banks used to work half a day on all Saturdays.
Date | Holiday |
14 January 2023 | Second Saturday |
28 January 2023 | Fourth Saturday |
11 February 2023 | Second Saturday |
25 February 2023 | Fourth Saturday |
11 March 2023 | Second Saturday |
25 March 2023 | Fourth Saturday |
8 April 2023 | Second Saturday |
22 April 2023 | Fourth Saturday |
13 May 2023 | Second Saturday |
27 May 2023 | Fourth Saturday |
10 June 2023 | Second Saturday |
24 June 2023 | Fourth Saturday |
8 July 2023 | Second Saturday |
22 July 2023 | Fourth Saturday |
12 August 2023 | Second Saturday |
26 August 2023 | Fourth Saturday |
9 September 2023 | Second Saturday |
23 September 2023 | Fourth Saturday |
14 October 2023 | Second Saturday |
28 October 2023 | Fourth Saturday |
11 November 2023 | Second Saturday |
25 November 2023 | Fourth Saturday |
9 December 2023 | Second Saturday |
23 December 2023 | Fourth Saturday |
FAQs on Bank Holidays 2023 in India
- On which days are the banks in India closed?Banks in India are closed on the national holidays, regional state holidays, and on second and fourth Saturdays of every month.
- How many bank holidays are there in a year?The number of bank holidays may differ from bank to bank and state to state. However, some of the fixed bank holidays that all banks have are the national holidays such as Independence Day and the second and fourth Saturdays of every month.
- Is New Year’s Day a public holiday for all banks in India?No, New Year’s Day is not a public holiday for all banks in India.
- Will the banks be closed on a weekday if one of the public holidays fall on a weekend?No, the banks will not be closed on a weekday if one of the public holidays fall on a weekend.
- Are all state holidays applicable to all the banks?No, all state holidays are not necessarily accepted as bank holiday