Banking News

Bank Holidays 2018 declared by Karnataka Government


karnatakabankholiday(Calendar of Public Holidays in Karnataka under NI Acts)

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory.  In other States and Union territories where it is not a holiday, banks remain opened and allow normal banking transaction    similar to any other working days.

All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule is applicable to all commercial and co-operative banks operating in entire India).

List of Holidays

Sr.No Date Day Occasion/Festival Date
1 15.01.2018 Monday UTTARYANA PUNYAKALA/SANKRANTI FESTIVAL
2 26.01.2018 Friday REPUBLIC DAY
3 13.02.2018 Tuesday MAHASHIVARATRI
4 29.03.2018 Thursday MAHAVEERA  JAYANTHI
5 30.03.2018 Friday GOOD FRIDAY
6 18.04.2018 Wednesday BASAVA JAYANTHI
7 01.05.2018 Tuesday MAY DAY
8 16.06.2018 Saturday KUTUBA-E-RAMZAN (IDUL FITR)
9 15.08.2018 Wednesday INDEPENDENCE DAY
10 22.08.2018 Wednesday BAKRID (ID-UL-AZHA)
11 13.09.2018 Thursday VARASIDDHI VINAYAKA VRATA
12 21.09.2018 Friday LAST DAY OF MOHARAM
13 02.10.2018 Tuesday MAHATMA GANDHI JAYANTHI
14 08.10.2018 Monday MAHALAYA AMVASYE
15 18.10.2018 Thursday MAHA NAVAMI/AYUDHA POOJA
16 19.10.2018 Friday VIJAYA DASAMI/DASARA
17 24.10.2018 Wednesday MAHARSHI VALMIKI JAYANTHI
18 01.11.2018 Thursday KANNADA RAJYOTHSAVA
19 06.11.2018 Tuesday NARAKA CHATURDASHI
20 08.11.2018 Thursday BALI PADYAMI/DEEPAVALI
21 21..11.2018 Wednesday IDD MILAD
22 26.11.2018 Monday KANAKADASA JAYANTHI
23 25.12.2018 Tuesday CHRISTMAS

 

Local Holiday declared for Kodagu District only on account of Huthri Festival on 24.08.2018 Saturday

Following festivals occur on 2nd saturday or Sunday (Not declared as Holiday)

Ugadi 18.03.2018 Sunday

Annual closing of Bank accounts Sunday

Dr,B.R.Ambedkar’s Birthday 2nd  Saturday

If any of the holidays for the festivals of Muslim fraternity notified above does not fall on the date notified, the holiday date may be altered by the concerned government or the community fraternity in government service may be granted special  holidays on the date observable.

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above. In spite of this, it is possible that any changes in holiday dates, mistake, errors, ambiguity, inconsistency, discrepancy or doubts may inadvertently creep up. The readers are therefore requested to be guided by the holiday list announced by the banks of respective states/UT or by the IBA for correct and as authentic information. Author or anyone connected directly or indirectly to this website accepts no responsibility whatsoever and will not be liable for any losses, claims or damages which may arise because of the contents of this write up.

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