Bank Holidays 2023 in India

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

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Are all state holidays applicable to all the banks?No, all state holidays are not necessarily accepted as bank holiday
Updated: March 19, 2023 — 5:11 pm