National Holidays

Gazetted holidays observed nationwide

There are three gazetted holidays (or national holidays) that India observes when banks and all financial institutions remain closed.

• Republic Day
• Independence Day
• Mahatma Gandhi Jayanti

Government Holidays

Central and state government holidays

There are two types of government holidays: state government holidays and central government holidays. While central government holidays like Makar Sankranti, Good Friday, Eid al-Fitr, Holi, Diwali, Dussehra, and Christmas are observed nationwide, state holidays depend on the state in which the bank is located.

Central Government Holidays

RTGS and NEFT Holidays in India 2025

Electronic payment systems availability

RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) are electronic payment systems for interbank fund transfers. Managed by the regulatory authority, both services have been available 24/7 since 14 December 2020.

Bank Holidays on Second and Fourth Saturdays in India 2025

Weekend banking schedule explained

Banks are closed on the second and fourth Saturdays of every month in addition to the above-mentioned bank holidays. The fifth Saturday of a month with five Saturdays is a working day for banks. In the past, banks would only open for a half-day on Saturdays.

India's banking network consists of several forms of banks. Right from commercial banks, cooperative banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), and Local Area Banks (LABs), all these banks follow national and government holidays according to the regulatory authority calendar. They also implement other regional holidays depending on the state in which they are operating. Apart from these, banks are also closed during the second and fourth Saturdays of each month.