New Delhi: Except in a few regions, all commercial and public banks in India will be closed on April 1, which is Friday. But why is the 1st of April a holiday? This is due to the Reserve Bank of India's annual notification of bank account closures, which are reserved for bank workers each year. In the month of April, all commercial and public sector banks have up to 15 holidays.
Not only that, but some parts of India will have a long weekend in April, with banks and other financial institutions closing for up to four days in a row to commemorate Ambedkar Jayanti, Good Friday, Bohag Bihu, and a weekend leave. This month, Hyderabad will have the most bank holidays, with nine, compared to only five in Shimla.
Every year, the Reserve Bank of India, or RBI, compiles a list of bank holidays. 'Holiday under the Negotiable Instruments Act,' 'Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holiday,' and 'Banks' Closing of Accounts' are among the leaves on this list. There are 15 bank holidays this month, according to that list, due to various celebrations in various locations.
It's also worth noting that different states have distinct bank holidays on different times. In April, there are nine holidays scheduled, with the remainder being weekend leaves. On notified RBI holidays, all public sector, private sector, foreign banks, cooperative banks, and regional banks remain closed.
Check the list of bank holidays from April 1:
April 1: Yearly Closing of Bank Account — All over India except Aizawl, Chandigarh, Shillong, and Shimla.
April 2: Gudi Padwa/Ugadi Festival/1st Navratra/Telugu New Year’s Day/Sajibu Nongmapanba (Cheiraoba) — Karnataka, Maharashtra, Tamil Nadu, Telangana, Manipur, Jammu, Goa, and Jammu & Kashmir
April 4: Sarhul — Jharkhand
April 5: Babu Jagjivan Ram’s Birthday- Telangana
April 14: Dr. Babasaheb Ambedkar Jayanti/Mahavir Jayanti/Baisakhi/Vaisakhi/Tamil New Year’s Day/Cheiraoba/Biju Festival/Bohag Bihu — All over India except Meghlaya and Himachal Pradesh
April 15: Good Friday/Bengali New Year’s Day (Nababarsha)/Himachal Day/Vishu/Bohag Bihu — All over India except Rajasthan, Jammu, and Srinagar
April 16: Bohag Bihu — Assam
April 21: Garia Puja — Tripura
April 29: Shab-I-Qadr/Jumat-ul-Vida — Jammu and Kashmir
List of Weekend Leaves
April 3: Sunday
April 9: Second Saturday
April 10: Sunday
April 17: Sunday
April 23: Fourth Saturday
April 24: Sunday
So, if you work for a bank, you should check with your local branch to see what bank holidays are observed in your area, as bank holidays differ from state to state depending on the occasion. This will save you time and ensure that you can do any task smoothly and without difficulty.
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