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Bank Holidays in India - 2016 

 

( State Wise Lists of Indian Bank Holidays  2016 or Public Holidays )


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Click here for Bank Holidays in India - 2017


         BANK HOLIDAYS  AS NOTIFIED  BY  IBA / RBI under Negotiable Instruments Act  for THE YEAR 2016 FOR DIFFERENT STATES IN INDIA - State Wise Links Are Given Below.  These are also called 'Gazetted  Holidays under NI Act'

 

Click Below on the Name of the State for Which You Wish to View Holidays As Declared by Respective States and Notified by IBA / RBI (These are also called Public Holidays by most of the states)

 

Sl No.

 Name of the State (Bank Holidays India 2016)

1*

Andaman & Nicobar Island

2*

Arunachal Pradesh

3

Andhra Pradesh

4*

Assam

5

Bihar

6*

Chandigarh

7

Chattisgarh

8

a) Daman & Diu

b) Dadra & Nagar Haveli

9

Delhi  

10

Goa

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11

Gujarat

12

Haryana

13

Himachal Pradesh

14

Jammu & Kashmir

15

Jharkhand

16

Karnataka

17

Kerala

18*

Lakshwadeep

19

Madhya Pradesh

20

Maharashtra

21

Manipur

22*

Meghalaya

23*

Mizoram

24*

Nagaland

25

Odisha

26

Puducherry

(a) Karaikal Region

(b)Yanam Region

(c) Mahe-Region

27

Punjab

28

Rajasthan

29*

Sikkim

30

Tamil Nadu

31 Telangana

32

Tripura

33

Uttar Pradesh

34

Uttarakhand

35

West Bengal

 

* For these States, IBA is yet to issue the circular for holidays under NI Act and thus these will be uploaded as and when the information is available

 

PS : We have tried to update the details as far as possible from authentic sources.   However, there may be changes / discrepancy in the list on account of various issues and thus readers are advised to check with their respective banks for final list of holidays.

 

Most of the State governments consider the holidays declared for Banks under N I Act  to be"Public Holidays".

 

IBA has notified that ‘Public Holiday’ declared by Central/State Governments/ Union Territory, includes ‘Sundays’ as indicated under the explanation to Section 25 of the Negotiable Instruments Act.    Branches of banks working on Sundays observe their weekly-off on any other day of the week as decided by the Bank and notified to members of staff and public.  Therefore, all Sundays will be working days for Sunday working branches, except those Sundays declared as holidays by the Central/ State Government/ Union Territory for a specified festival/occasion in a particular year, under the Negotiable Instruments Act.

 

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Click Here For Holidays for Central Government Employees in India   Gazetted Central Govt  Holidays 2016

 

 

RTGS Holidays 2016 by RBI

 

S No

Date

Occasion

1

26th January 2016 (Tuesday)

Republic Day

2 25th March 2016 (Friday)

Good Friday

3

1st April 2016 (Friday)

Annual closing of banks

4

15th August 2016 (Monday)

Independence Day

5

11th October 2016 (Tuesday)

Dussehra / Vijaya Dasami

6

12th October 2016 (Wednesday)

Moharram

 

 

 

Who is Supposed to Declare A Holiday under the Negotiable Instruments Act, 1881?

 

In terms of Section 25 of the Negotiable Instruments Act, 1881, the expression "public holiday" includes Sunday and any other day declared by the Central Government by notification in the Official Gazette to be a public holiday. However, this power has been delegated by the Central Government to State Governments vide the Government of India, Ministry of Home Affairs' Notification No. 20-25-56-Pub-I dated 8 June, 1957. While delegating the power to declare public holidays within concerned States under Section 25 of the Negotiable Instruments Act, 1881, the Central Government has stipulated that the delegation is subject to the condition that the Central Government may itself exercise the said function, should it deem fit to do so. This implies that when Central Government itself has notified a day as "public holiday" under Section 25 of the Negotiable Instruments Act, 1881, there is no need for banks to wait for the State Government notification.