BANK HOLIDAYS IN INDIA 2019

List of Bank Holidays in India 2019

This is a page for bank holidays in India for the calendar year 2019. Bank holiday dates may be changed if there is an official notification. Keep checking the bank holidays periodically.

Types of Bank Holidays 2019

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.

RTGS and NEFT Holidays 2019

RTGS stands for Real Time Gross Settlement whereas NEFT stands for National Electronic Funds Transfer. Both RTGS and NEFT allow people to transfer cash from one bank to another. The Reserve Bank of India maintains both NEFT and RTGS.

Note: The services of RTGS and NEFT can be used on other types of bank holidays. If an individual transfers money on a bank holiday, money gets credited to the receiver’s account but the sender may get the receipt on the following bank working day.

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.



Destinations in India that help you planning a relaxing holidays

Brief Description of Bank Holidays 2019

Makar Sankrati/Pongal: Banks will remain off on account of Makar Sankrati/Pongal that falls on 14 January 2019.

Republic Day: Republic Day is a gazetted holiday in India and the day celebrates the formation of the Constitution of India. Like government offices, the banks will also remain shut. In the national capital, military are organised. Schools and colleges also organise cultural events.

Maha Shivaratri: Maha Shivaratri is a bank holiday observed in many parts of India. It is a yearly major festival for the Hindus, who celebrate the night of God Shiva.



Holi: Holi, which is also called the festival of colors, symbolises the arrival of harvest. People play colors. While some states celebrate Holi on the 20th March, the festival is also observed on the 21st of March in 2019.

Ugadi: Ugadi is a bank holiday 2019. Andhra Pradesh, Karnataka and Telangana celebrate Ugadi as the commencement of the New Year. It called Gudi Padwa in Maharashtra. The festival is historically important for the Hindus across India.

Ram Navami/Ambedkar Jayanti: Both Ram Navami and Ambedkar Jayanti fall on 14 April in 2019. On account of these two festivals, a bank holiday is observed in several states. While Ram Navami celebrates the birth of Lord Rama, Ambedkar Jayanti celebrates the birth of Dr. B R Ambedkar, who was the creator of the Constitution of India.

Mahaveer Jayanti: Mahaveer Jayanti is a Jain festival, which honors the birth of Mahaveer, who was the last Tirthankara. It falls in March or April.

Good Friday: Good Friday is a major festival falling in the month of April 2019. The day is observed in many states across the country during the Holy Week.

Vaisakhi: Vaisakhi is observed by the Sikhs and the Hindus and falls either on 13 or 14 of April every year. The day commemorates the New Year for the Sikhs.



May Day: May Day is an international Workers’ Day. The day falls on 1 May each year and has been promoted by the overseas labor movement.

Sant Guru Kabir Jayanti: Sant Guru Kabir Jayanti is a bank holiday 2019 in Chhattisgarh, Himachal Pradesh and Punjab.

Maharana Pratap Jayanti: As it name indicates, the birth of Maharana Pratap is celebrated in April 2019. It is celebrated in a few states in India.

Bakrid/Eid al Adha Holiday: Bakrid/Eid al Adha Holiday is a famous Islamic festival celebrated in a majority of states. Like government offices, banks will not remain open on Bakrid/Eid al Adha.

Independence Day: Needless to mention, Independence Day celebrates the independence of the country from the United Kingdom (UK). It is a bank holiday across India.

Janmashtami: Janmashtami celebrates the birth of Lord Krishna. Many states in India observe this festival every year.



Gandhi Jayanti: Gandhi Jayanti is a national festival. The entire India celebrates the birthday of Mahatma Gandhi, who is also addressed as the Father of the Nation.

Diwali: Diwali is celebrated by the Hindus. The festival is observed on the 26th, 27th and 28th of October in 2019 in various parts of India.

Christmas Day: On account of Christmas, it is a bank holiday on 25 December this year. The Christians celebrate the birth of Jesus Christ.