Bank Holidays 2019:- State & Month Wise List of Upcoming Bank Holidays

Bank Holidays 2019 | Upcoming Bank Holidays Calendar 2019

In today’s post, I am going to tell you about the list of bank holidays for 2019.

National holidays are called bank holidays. Yes, these were the days when the bank remains closed for work.

Many of us curiously ask are banks open tomorrow? Today bank holiday or not or is today a bank holiday right! There are a series of question that comes in our mind when talking about bank holidays coming up.

Bank holiday in India; depend on the state one is residing, though there are public holidays in India that are applicable throughout the country.

These include republic day 26^th January, Independence Day August 15, and Gandhi Jayanti Oct 2.

Apart from these, there are important religious and festivals holidays such as Diwali, Dushera, Christmas, Eid, Guru Nanak Jayanti, Good Friday, Ganesh Chaturthi, Budh Poornima etc when the bank remain closed.

State Wise Bank Holidays List

Bank Holidays in India 2019

Types of Bank holidays 2019

Bank holidays are of two kinds: National holiday and Government holidays. India observes three national holidays that consist of

• Republic day
• Independence day
• Mahatma Gandhi Jayanti

National holidays are also referred to as gazetted holidays. Banks and other kinds of financial institute’s remains shut on the national holidays.

Government holidays are further classified as state government or central government holidays

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.

Bank Holidays List	Date	Day
Republic Day	26 January 2019	Saturday
Good Friday	19 April 2019	Friday
Independence Day	15 August 2019	Thursday
Mahatma Gandhi Jayanti	2 October 2019	Wednesday
Christmas	25 December 2019	Wednesday

Q. How bank holidays in India are decided?

The various bank holidays in India are determined by the central government, state government, and the various union territories in India.

India is a nation manifold culture and with the diverse country also has many national and bank holidays.

Some of these are very local that can be determined by the respective state government.

On the other hand, if we look some of them are very mandatory.

A few of the central government bank holidays are Good Friday, Christmas, and Diwali etc.

In certain states, there are more bank holidays coming up than others. For example, May 1 is also a Maharashtra day and Labor Day.

This is of course very rare and does not happen frequently.

Various Types of Bank and Public Holidays in India

There are various types of holidays that are decided in India. There are restricted holidays and also the gazetted holidays.

There are many holidays in India and are observed by all the states of the country.

Following are the list of such holidays. On these day bank are closed for sure

• Republic Day (National Holiday)
• Independence Day (National holiday)
• Gandhi Jayanti (National Holiday) Good Friday (A day when Jesus Christ was crucified)
• Christmas Day (December 25)
• Mahavir Jayanti
• Buddha Purnima
• Dussehra
• Diwali (Deepavali)
• Guru Nanak’s Birthday
• Eid ul-Fitr Eid al-Adha (Bakrid)
• Muharram

National Holidays 2019

National holidays are also known as gazetted holidays. The different states have their own holiday like a foundation day; bank holidays in India are seen by followed by states that celebrate a particular festival.

In India, the bank holiday is a public holiday when the bank and other financial institute’s remains closed.

While not all bank holidays are classified as bank holidays as it varies with state and region

Bank holidays are declared under the negotiable instrument NI act, 1881 by central/state government /union territory

Q. Is the second and fourth Saturday is a bank holiday?

There is already an ongoing debate whether we should have the bank holiday on all Saturdays or a half day in a particular month if there are five Saturday.

There has already been an endless debate on the subject and fact of the matters that banker also deserves a rest.

These Bank holidays will help one to plan and prepare well in advance to take care of banking requirements.

The government has recently altered the guidelines regarding this.

Also, if one establishment has a Bank holiday it does not mean that all of them follow suit. It changes from institution to institution. Even colleges and educational institutions tend to follow their own ways unless they are mandatory holidays.

All-India holidays include Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Festivals like Diwali, Christmas, Eidh, Guru Nanak Jayanthi, Good Friday, and so on are also bank holidays. Further, second and fourth Saturdays of the month are holidays.

Features of the bank holiday in India

Below listed are a few reasons

1. Public or bank holiday could differ from state to state. However, what is uniform is the holidays for banks, which are 2^nd or 4^th Saturdays of the month
2. Bank holidays on Saturday:- In case there are 5 Saturday in the month, then the bank would work on this 5^th.
3. There could be some public or bank holidays that fall on a Monday or Friday, which means you get a higher number of Bank holidays.
4. Government holidays do not mean that the bank would always remain close and vice versa.
5. It is advised, to plan the holiday in advance

Bank Holidays in India 2019 and Its significance

In India, public holidays and bank holidays assume great significance.

• Bank holidays are used to complete the pending work
• You can plan a trip or outing on a holiday with friends, family or colleagues.

How to spend a bank holiday in India wisely

There are many things you can do on bank holidays. You can plan a fun activity with your family, friends, friends, and neighbor.

You can plan for a park or zoo trip out with friends and colleagues.

Let us now have a brief description of bank holidays 2019

Brief Description of Bank holidays 2019

Bank Holidays January 2019

Makar Sankranti/Pongal: Banks will remain off on account of Makar Sankranti/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, the military is organized. Schools and colleges also organize cultural events.

• Swami Vivekananda Jayanti:- 12 January 2019
• Guru Gobind Singh Jayanti:- 13 January 2019

Bank Holidays February 2019

• Vasant Panchami:- 10 February 2019

Bank Holidays March 2019

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, symbolizes 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.

Bank Holidays April 2019

Ugadi: Ugadi is a bank holiday in 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.

Bank Holidays May 2019

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.

Bank Holidays June 2019

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

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

Bank Holidays July 2019

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.

Bank Holidays August 2019

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.

Bank Holidays September 2019

• Ganesh Chaturthi Holiday:- 02 September 2019
• Ramdev Jayanti:- 08 September 2019

Bank Holidays October 2019

Gandhi Jayanti: Gandhi Jayanti is a national festival. 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.

Bank Holidays November 2019

• Eid e Milad
• Guru Nanak Jayanti

Bank Holidays December 2019

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

In India, we have federal regional government holidays. The bank holidays in India vary from bank to bank.

Final words

Dear readers,

I hope you had a wonderful time reading about the list of bank holidays in 2019.

Now, you are well acquainted regarding when the bank holidays of this month.

If you like it, please share it among friends and community. Write to us, if you have any queries or suggestion for us.

Thanks for reading and have a wonderful day!