Bank Holidays in India in 2022

Holidays

There are several significant bank holidays in 2022 that you should be aware of. While some of these bank holidays are national holidays, there are some state-specific holidays for which banks stay shut in certain states. Banks are also closed across the country on account of various notable festivals. 

Here, you will find a complete list of bank holidays in 2022. 

Indian Bank Holidays in 2022

The private and public banks of India will remain shut on the occasion of national, public and state-specific holidays. The following tabular representation shows all major bank holidays of 2022. 

Types of Bank Holidays

In India, bank holidays are categorized into national holidays and government holidays. There are three national holidays, Republic Day (January 26), Gandhi Jayanti (October 2) and Independence Day (August 15). Banks across the nation remain closed on these three national holidays.

Government holidays, on the other hand, are classified into central government holidays and state government holidays. While central government holidays are observed throughout the nation, state government holidays will vary from one state to another. For example, Goa Liberation Day is a bank holiday in Goa, and Utkal Divas is a bank holiday in Odisha.

Bank Holidays on Saturdays in 2022

As per the norm, banks in India stay closed every second and fourth Saturday of the month. In case there are five Saturdays in a specific month, then the last Saturday is considered a working day. 

So, in addition to the above-mentioned holidays, here are Saturdays that would be a bank holiday.

A Brief Overview of Bank Holidays in 2022

Let’s take a look at some of the major bank holidays in 2022.

1. Pongal/ Makar Sankranti

Banks across the country will remain closed on January 14 2022, in observance of Pongal and Makar Sankranti.

2. Republic Day

Republic Day is one of the national holidays of the country, which marks the anniversary of the formation of the Indian Constitution. All banks stay closed on this day.

3. Maha Shivratri

Maha Shivratri is one of the most notable Hindu festivals celebrated in the country. It is also a significant bank holiday that is observed in different parts of India.

4. Ugadi

Also known as the Telugu New Year, Ugadi is celebrated with much fervour and grandeur in southern India. Andhra Pradesh, Telangana and Karnataka celebrate this day as Telugu New Year. In Maharashtra, this festival is known as Gudi Padwa. 

5. Holi

Holi is one of the most popular festivals in India. It is celebrated on different dates across different states. However, this day is a bank holiday in most parts of the country.

6. Mahaveer Jayanti

Mahaveer Jayanti is a notable festival among the Jain community. The Jain community celebrates this day to pay homage and reverence to the birth anniversary of Mahaveer, the last Tirthankara. It usually falls in the month of April.

7. Ambedkar Jayanti

 Dr B.R. Ambedkar was one of the creators of the Indian Constitution. Banks stay closed on April 14 each year in several states in honour of Ambedkar Jayanti.

8. Good Friday

 One of the major Christian festivals, Good Friday, falls during the month of April. It is a bank holiday in various states that observe this festival.

9. Sant Guru Kabir Jayanti

 The birth anniversary of Sant Guru Kabir is a bank holiday in states such as Himachal Pradesh, Punjab and Chhattisgarh. 

10. May Day

Also known as International Workers’ Day, May Day is a bank holiday. May Day falls on May 1 of each year.

11. Vaisakhi

Vaisakhi marks the New Year for Sikhs. It is a revered festival in many states, including Punjab, Tripura, Assam and West Bengal. This festival usually takes place on April 13 or April 14.

12. Eid-al-Adha

Eid-al-Adha or Bakrid is a notable Islamic festival celebrated across many states. Banks and government offices stay closed on the occasion of Bakrid.

13. Independence Day

One of the three national holidays, Independence Day is a bank holiday throughout all states.

14. Gandhi Jayanti

Gandhi Jayanti is another major bank holiday. Banks and government offices remain closed on the occasion of the birth anniversary of Mahatma Gandhi.

15. Diwali

Diwali, the festival of lights, is a major bank holiday across the country. It is usually celebrated after Navratri. 

16. Christmas

December 25 is a bank holiday on the event of Christmas Day. It is a public holiday in various states. 

Final Word

As mentioned, bank holidays differ across different states. So, it might happen that branches of a particular bank might remain closed on a state holiday, while branches in another state stay functional on the same day. Make sure to check the list of state-specific holidays in addition to the major national bank holidays. 

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