Bank Holidays List 2016 in India

Bank holidays in India depend on various festivals celebrated in India and many other important activities, which sometimes vary accordingly in different states. During the holidays, there are no bank transactions and the banks are closed for public. There are 17 national bank holidays in 2016 in India. These are observed by both government undertaking scheduled banks like SBI, Canara Bank, PNB, Corporation bank, Bank of Baroda, Allahabad Bank, Bank of India etc and scheduled private sector banks like ICICI bank, HDFC bank, Axis bank, IDBI bank, Kotak Mahindra bank to name a few. Some banks observe additional holidays in states and countrywide in addition to this as per state holidays. One or two holidays also vary from bank to Bank.

As per RBI guidelines, from September 1, 2015, all scheduled and non-scheduled banks: public, private, foreign, cooperative, regional rural and local area banks will observe public holiday on second and fourth saturday of the month. There will be full working day on Saturday’s other than second and fourth Saturdays.

Bank holidays in Delhi | Rajasthan | UP |  GujaratMaharashtra | Tamil Nadu | Karnataka | Madhya Pradesh | Andhra Pradesh | Telangana | West Bengal

List of main bank holidays in 2016 other than state holidays

Sr. No.Month in 2016Date in 2016DayHoliday Decscription
1January26TuesdayRepublic Day
2March25FridayGood Friday
3April20WednesdayMahavir Jayanti
4May21SaturdayBuddha Purnima
5July6WednesdayId-Ul-Fitr (Ramzan eid)
6August15MondayIndependence day
7September12MondayBakar eid
8October2SundayMahatma Gandhi Jayanti
9October11TuesdayDussehra
10October12WednesdayMoharram
11October30SundayDiwali: Laxmi Puja
12November14MondayGuru Nanak Jayanti
13December12MondayId-E-Milad
14December25SundayChristmas

In addition to the above banks will remain closed for public dealings on annual closing on 1st April 2016

3 comments to Bank Holidays List 2016

  • GS subramanyam

    Earlier the customer had Sunday bank facilities so that the people can deposit the money. Now a days the banks are encouraging for more expensive life by way of credit cards, debit cards etc.,
    Banks are not encouraging the small savings and middle income group. At least Saturdays the employees used to visit the bank but even Saturdays the bank will close. No way the banks are helpful to employees. At least repayment of loans the banks shall open on Sundays.

  • Amit Kumar

    There has been confusing reports on Bank holidays commencing from 1 April to 3 April 2015. A clear declaration on this needs to be issued. Added to this Ram Navami March 28 is also slated as holiday in some listings. March 29 being Sunday, utter confusion prevails regarding whether March 30 and March 31 will also be holidays. Pensioners feel the heat in the absence of clear notification with wide publicity to enable pensioners to withdraw their monthly requirement at least from the balance available on their account with the bank, pending posting of monthly pension for March 2015 due on 1 April 2015

  • There has been confusing reports on Bank holidays commencing from 1 April to 3 April 2015. A clear declaration on this needs to be issued. Added to this Ram Navami March 28 is also slated as holiday in some listings. March 29 being Sunday, utter confusion prevails regarding whether March 30 and March 31 will also be holidays. Pensioners feel the heat in the absence of clear notification with wide publicity to enable pensioners to withdraw their monthly requirement at least from the balance available on their account with the bank, pending posting of monthly pension for March 2015 due on 1 April 2015.

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