Bank Holidays in India in 2022
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.
| Date | Day | Occasion |
| January 1 2022 | Saturday | New Year’s Day |
| January 14 2022 | Friday | Makar Sankranti/ Pongal |
| January 26 2022 | Wednesday | Republic Day |
| February 5 2022 | Saturday | Vasant Panchami |
| March 1 2022 | Tuesday | Maha Shivratri |
| March 19 2022 | Saturday | Holi |
| April 10 2022 | Sunday | Ram Navami |
| April 13 2022 | Wednesday | Ugadi |
| April 14 2022 | Thursday | Ambedkar Jayanti |
| April 15 2022 | Friday | Good Friday |
| May 1 2022 | Sunday | May Day |
| May 2 2022 | Monday | Maharshi Parasuram Jayanti |
| May 3 2022 | Tuesday | Idul Fitr |
| May 16 2022 | Monday | Buddha Purnima |
| June 14 2022 | Tuesday | Sant Guru Kabir Jayanti |
| July 10 2022 | Sunday | Bakrid |
| August 9 2022 | Tuesday | Muharram |
| August 12 2022 | Friday | Raksha Bandhan |
| August 15 2022 | Monday | Independence Day |
| August 16 2022 | Tuesday | Parsi New Year |
| August 19 2022 | Friday | Janmashtami |
| August 31 2022 | Wednesday | Ganesh Chaturthi |
| September 25 2022 | Sunday | Mahalaya/ Amavasye |
| October 2 2022 | Sunday | Gandhi Jayanti |
| October 3 2022 | Monday | Maha Ashtami |
| October 4 2022 | Tuesday | Maha Navami |
| October 5 2022 | Wednesday | Vijaya Dashami |
| October 9 2022 | Sunday | Eid-e-Milad |
| October 24 2022 | Monday | Diwali |
| October 25 2022 | Tuesday | Diwali |
| October 26 2022 | Wednesday | Deepavali Holiday |
| October 27 2022 | Thursday | Bhai Dooj |
| November 8 2022 | Tuesday | Guru Nanak Jayanti |
| December 25 2022 | Sunday | Christmas Day |
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.
| Saturday | Date |
| 2nd Saturday | January 8 |
| 4th Saturday | January 22 |
| 2nd Saturday | February 12 |
| 4th Saturday | February 26 |
| 2nd Saturday | March 12 |
| 4th Saturday | March 26 |
| 2nd Saturday | April 9 |
| 4th Saturday | April 23 |
| 2nd Saturday | May 14 |
| 4th Saturday | May 28 |
| 2nd Saturday | June 11 |
| 4th Saturday | June 25 |
| 2nd Saturday | July 9 |
| 4th Saturday | July 23 |
| 2nd Saturday | August 13 |
| 4th Saturday | August 27 |
| 2nd Saturday | September 10 |
| 4th Saturday | September 24 |
| 2nd Saturday | October 8 |
| 4th Saturday | October 22 |
| 2nd Saturday | November 12 |
| 4th Saturday | November 26 |
| 2nd Saturday | December 10 |
| 4th Saturday | December 24 |
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.
Frequently Asked Questions
Ans: There is no such fixed number of bank holidays in a year. The number of holidays will vary from state to state. However, there are some holidays during which banks across all states remain closed. These holidays include national holidays, major festivals, and every second and fourth Saturday.
Ans: No, banks do not remain shut on a weekday in case a holiday falls on the weekend. Banks will operate normally on the working days throughout the week regardless of any holiday on the weekend.
Ans: Banks in India stay closed every Sunday, the second and fourth Saturday of each month. Fifth Saturdays are working days. In addition, banks remain closed on national holidays, state holidays and central government holidays.
Ans: Yes, according to the Reserve Bank of India, there will be four holidays for banks across different regions in the second week of January. Banks will stay shut in Aizawl on January 11 for Missionary Day, in Kolkata on January 12 for Swami Vivekananda Jayanti and on January 14 and 15 across many states for Pongal or Makar Sankranti.
Ans: If you make a transfer through NEFT or RTGS on a bank holiday, the money will be credited to the receiver’s account, but note that you may receive the receipt on the next working day.
Before you go…
- Looking for instant 🚀 personal loans 24*7 anywhere, anytime? Get personal loans up to ₹20 lakh starting at 9.9% p.a. Install the Navi app now!!
- Or, maybe you’re looking to buy that house you’ve been eyeing 🏠 and you need a loan of up to ₹5 crore. Install the Navi app now and get instant in-principle approval right away! Interest rates starting at 8.74% p.a.
- How about an affordable health insurance policy👨⚕️ starting at a monthly premium of just ₹235? Install the Navi app now and get your policy in under 2 minutes.
- Instead, want to put your savings into action and kick-start your investment journey 💸 But don’t have time to do research. Invest now with Navi Nifty 50 Index Fund, sit back, and earn from the top 50 companies.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
