Banking News

Bank Holidays 2018 declared by Madhya Pradesh Government

Bank Holidays 2018 declared by Madhya Pradesh Government


(List of Public Holidays in Madhya Pradesh under sec 25 of 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 26.01.2018 Friday REPUBLIC DAY
2 14.02.2018 Wednesday MAHASHIVARATRI
3 02.03.2018 Friday HOLI
4 29.03.2018 Thursday MAHAVEERA  JAYANTHI
5 30.03.2018 Friday GOOD FRIDAY
6 01.04.2018 Sunday Banks’ Annual Closing of Accounts
7 14.04.2018 Saturday DR.BABASAHEB AMBEDKAR JAYANTI/Vaisaki
8 30.04.2018 Monday BUDDHA PURNIMA
9 16.06.2018 Saturday RAMZAN (IDUL FITR)
10 15.08.2018 Wednesday INDEPENDENCE DAY
11 22.08.2018 Wednesday BAKRID (ID-UL-ZUHA)
12 03.09.2018  Monday JANMA ASTHAMI
13 21.09.2018 Friday  MOHARUM
14 02.10.2018 Tuesday MAHATMA GANDHI JAYANTHI
15 19.10.2018  Friday DUSSERA/Vijaya Dashami
18 07.11.2018 Wednesday DIWALI
20 21..11.2018 Wednesday IDD –E-MILAD
21 23.11.2018 Friday GURUNANAK JAYANTI
22 25.12.2018 Tuesday CHRISTMAS


Following festivals /occasion occur on Sunday (Not declared as Holiday)

GUDI  PADVA on 18.03.2018 Sunday

RAM NAVAMI  on 25.03.2018

RAKSHA BANDAN on 26.08.2018

Annual closing of Bank accounts on 01.04.2018 Sunday

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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