Bank Holidays 2021: There are different types of holidays and one such holiday is Bank Holidays in India and on this day all the banks observe holidays. There are different types of Bank holidays like National Holidays, these are observed across the nation and the other is state-specific which is observed in a specific state. In this space, we will be providing you the complete Bank Holiday List 2021. As per the decision made in 2015, every bank must announce a public holiday every 2nd and 4th Saturday of the month. However, online or net banking facilities, several banking transactions such as money transfers, bill payments, etc. will be available on bank holidays, just branches of banks will remain closed. Read the complete article to learn more about bank holidays in India and also find a state-wise bank holidays list for the financial year 2021.
The main significance of providing bank holidays is to give a work-life balance to all the bank employees. On the bank holidays, the bank customers will not be able to transact or deposit at any of the bank branches all over India.
Statewise Bank Holidays 2021 in India
Each state has its own specific events or festivals, depending on these RBI has released state-wise bank holiday lists. State governments decide specific holidays based on their regional and cultural significance. Click on the link of the state for which you are looking and you will be taken to the page of that particular state depicting its Bank Holidays 2021 in India.
List of Bank Holidays in India 2021Given below is the list of Bank holidays in India 2021:
Bank Holidays 2021
|1 January 2021||New Year|
|2 January 2021||New Year’s Celebration|
|3 January 2021||Sunday|
|9 January 2021||Second Saturday|
|10 January 2021||Sunday|
|12 January 2021||Birthday of Swami Vivekananda|
|14 January 2021||Makar Sakranti|
|17 January 2021||Sunday|
|20 January 2021||Guru Govind Singh Ji Birthday|
|23 January 2021||Fourth Saturday|
|24 January 2021||Sunday|
|26 January 2021||Republic Day|
31 January 2021
|Mar 29, 2021||Holi|
|Apr 02, 2021||Good Friday|
|Apr 25, 2021||Mahavir Jayanti|
|May 13, 2021||Eid al-Fitr|
|May 26, 2021||Buddha Purnima|
|Jul 31, 2021||Eid-al-Zuha|
|Aug 15, 2021||Independence Day|
|Aug 30, 2021||Janmashtami|
|Oct 02, 2021||Mahatma Gandhi Jayanti|
|Oct 15, 2021||Dussehra|
|Oct 30, 2021||Eid-e-Milad|
|Nov 4, 2021||Deepavali / Diwali|
|Nov 19, 2021||Guru Nanak Jayanti|
|Dec 25, 2021||
There are two types of Bank Holidays :
- National Holidays
- Government Holidays.
National Holidays refers to those holidays which are applicable all across the nation and India observes three national holidays that include:
1) Republic Day
2) Independence Day
3) Mahatma Gandhi Jayanti.
Government holidays can be further classified into State government bank holidays and Central Government bank holidays. State government bank holidays may differ amid Indian states whereas Central Government bank holidays are more commonly observed across the country. For ex- Lui-Ngai-Ni Day is a bank holiday in Manipur while Sonam Losar Day is a bank holiday in Sikkim, Similarly, there are many state bank holidays based on the states.
Also check; Best books to prepare for bank exams
State specified Bank Holidays are given below:
|Date||Name of Holiday||States Celebrated|
|2 January 2021||Guru Gobind Singh Jayanti||Haryana, Rajasthan|
|12 January 2021||Swami Vivekananda Jayanti||West Bengal|
|15 January 2021||Bhogi||Andhra Pradesh, Telangana|
|16 January 2021||Thiruvallavur Day||Tamil Nadu, Puducherry|
|Kanuma Pandunga||Andhra Pradesh|
|23 January 2021||Netaji Subhash Chandra Bose Jayanti||Assam, West Bengal, Tripura, Odisha|
|25 January 2021||Sonam Losar||Sikkim|
|Statehood Day||Himachal Pradesh|
|30 January 2021||Vasant Panchami||West Bengal, Tripura, Odisha, Haryana, Punjab|
|9 February 2021||Guru Ravidas Jayanti||Punjab, Haryana, Himachal Pradesh, Chandigarh|
|19 February 2021||Chhatrapati Shivaji Maharaj Jayanti||Maharashtra|
|20 February 2021||Statehood Day||Arunachal Pradesh|
|5 March 2021||Panchayatiraj Divas||Odisha|
|6 March 2021||Chapchar Kut||Mizoram|
|8 March 2021||Hazrat Ali’s birthday||Uttar Pradesh|
|22 March 2021||Bihar Diwas||Bihar|
|23 March 2021||S. Bhagat Singh’s Martyrdom Day||Punjab and Haryana|
|25 March 2021||Ugadi||Andhra Pradesh, Telangana, Karnataka, Maharashtra|
|1 April 2021||Odisha Day||Odisha|
|9 April 2021||Maundy Thursday||Kerala|
|11 April 2021||Easter Saturday||Nagaland|
|12 April 2021||Easter Sunday||Several states|
|13 April 2021||Bohag Bihu||Assam|
|Vaisakh||Haryana, Jharkhand, and Punjab|
|14 April 2021||Vishu||Kerala|
|Bohag Bihu||Arunachal Pradesh|
|Bengali New Year||West Bengal, Tripura|
|Puthandu||Tamil New Year|
|Ashoka’s birth anniversary||Bihar|
|15 April 2021||Himachal Day||Himachal Pradesh|
|25 April 2021||Maharshi Parasuram Jayanti||Several states|
|1 May 2021||Maharasthra Day||Maharashtra|
|8 May 2021||Guru Rabindranath Jayanti||West Bengal, Tripura|
|16 May 2021||State Day||Sikkim|
|20 May 2021||Shab-i-Qadr||Jammu and Kashmir|
|22 May 2021||Jumatul Bidah||Jammu and Kashmir|
|15 June 2021||Raja Sankranti||Odisha|
|23 June 2021||Ratha Yatra||Odisha|
|5 July 2021||Guru Purnima Festival||Many States|
|16 July 2021||Bonalu||Telangana|
|23 July 2021||Haryali Teej||Haryana, Punjab, Chandigarh|
|31 July 2021||Shaheed Udham Singh’s Martyrdom Day||Haryana and Punjab|
|15 August 2021||Independence Day||All over India|
|17 August 2021||Parsi New Year||Maharashtra and Gujarat|
|28 August 2021||Ramdev Jayanti||Rajasthan|
|28 August 2021||Ayyankali Jayanthi||Rajasthan|
|31 August 2021||Thiruvonam||Kerala|
|1 September 2021||Indra Jatra||Sikkim|
|2 September 2021||Sree Narayana Guru Jayanti||Kerala|
|31 October 2021||Lakshmi Puja||West Bengal, Tripura, Odisha|
|1 November 2021||Kannada Rajyotsava||Karnataka|
|Puducherry Liberation Day||Puducherry|
|20 November 2021||Chhath Puja||Jharkhand, Bihar|
|19 December 2021||Liberation Day||Goa|
RTGS and NEFT Holidays 2021
RTGS is an acronym used for Real-Time Gross Settlement whereas NEFT is an acronym used for National Electronic Funds Transfer. Both RTGS and NEFT allow people to transfer cash from one bank to another as per the RBI guidelines. The Reserve Bank of India maintains both NEFT and RTGS.
|Republic Day||26 January 2021||Tuesday|
|Good Friday||2 April 2021||Friday|
|Independence Day||15 August 2021||Sunday|
|Mahatma Gandhi Jayanti||2 October 2021||Saturday|
|Christmas||25 December 2021||Saturday|
Note: The services of RTGS and NEFT can be used by an individual 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 and not on the same day of transfer.
|What is MCLR?||Bank Cheques: Different Types of Cheques and its features||What Are NBFC And Their Functions|
How Bank holidays are decided in India?
The bank holidays are decided by the central government, the state government, and the Union territories in India considering multiple factors.
India is a nation with a variety of cultures and that is why we have another type of holiday as well along with the National holidays to keep the sentiments of all people from different nooks and corners together. Some holiday is decided by the state government based on the importance of that day for that particular state people and is not applicable anywhere else in the nation. Good Friday, Christmas, Diwali are Some of the central government holidays.
Features of Bank Holidays in India
a) Public or bank holidays differ from state to state. However, Bank holidays on 2nd and 4th Saturday remain uniform.
b) In case there are 5 Saturdays in the month, then the bank would work on the 5th Saturday and there will be no holiday.
c) some states even have holidays for the birth or death anniversary of a particular religious leader, while others may not. So, no uniformity is followed between all the states based on this.
d) If some public or bank holidays fall on a Monday or Friday, then you get a higher number of holidays if you avail leave of them together.
e) Government holidays does not necessarily mean that the bank would always remain closed and vice versa. Gazetted holidays, bank holidays, public holidays, and government holidays are ways to describe the different holidays in India and hence should not be confused.
f)Well, it is always a good idea to check the holidays in advance before you plan how to spend them. You can take a look at the list that we have given you. Make sure to bookmark the page.
Discover India During a Bank Holiday 2021
Banks holidays are the best way to know more about your country as you can go and visit new places and enjoy some time with your family and friends. You can also read various books, documentaries, which you read or see during a bank holiday in India.
There are several books written on Indian Heritage and culture by great authors. You can Google and read the review about them. Here are a few recommended books which you can try during a bank holiday in India.
You can also read online about a certain place and discover more about it by seeing a video on it on YouTube. This will enhance your knowledge about your nation and you can also plan a family trip to visit that place later on and you can lead the troop as well because you have gained enough knowledge about it.
Keep yourself fit
Yes! now you can give rest to all the excuses that you have been making for so long and can finally go to a gym or do yoga. Bank holidays can be a great time to give yourself some me-time. You can go jogging in the evening if not in the morning because now you are home. Try to eat healthy when you are at home. There is a lot of organization that conducts free yoga sessions for people, you can join them as well but make sure that you are doing something physical to keep yourself fit and healthy. Do not enjoy your bank holiday by sleeping or by just sitting on the couch. Make sure that you are doing something productive for yourself that is helping you to keep yourself fit and healthy.