Banking News

Bank Holidays 2018 declared by Punjab Government

Bank Holidays 2018 declared by Punjab Government

(Calendar of Public Holidays in Punjab 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 26.01.2018 Friday REPUBLIC DAY
2 31.01.2018 Wednesday Guru Ravidas’s Birth day
3 02.03.2018 Friday HOLI
4 25.03.2018 Sunday RAM NAVAMI
6 16.06.2018 Saturday Id-Ul-FITR
7 17.06.2018 Sunday Martyrdom day  of Guru Arjun devji
8 15.08.2018 Wednesday INDEPENDENCE DAY
9 22.08.2018 Wednesday BAKRID
10 03.09.2018 Monday JANMASHTAMI
11 02.10.2018 Tuesday MAHATMA GANDHI JAYANTHI
12 19.10.2018 Friday DUSSERA/VIJAYA DASHAMI
13 24.10.2018 Wednesday Birthday day of Maharshi Valmiki Ji
15 07.11.2018 Wednesday DIWALI
16 23.11.2018 Friday Parkash gurpurab GURUNANAK JI JAYANTI
17 25.12.2018 Tuesday CHRISTMAS

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.


(3) Comments

  1. Amandeep Singh

    With due respect, plz. always credit the pension of all pensioners before 4 or 5 days of the month closing, even in march also. Because majority of pensioner depends on their pensions. --Thanks

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