Bank Holiday Saturday 2023 | Bank Holiday

Bank Holiday Saturday 2023 - Bank Holiday

The Reserve Bank of India announced in 2015 that Bank holiday saturday for all Indian banks, both public and private, would be closed on the second and fourth Saturdays of each month. On other Saturdays, banks will be open all day. Additionally, national holidays and Sundays are observed as closed days by banks.

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Bank Holiday Saturday 2023 - Bank Holiday

If it’s Saturday or Sunday today and you’re unsure whether your bank branch is open, check the list Bank holiday saturday .

DateHoliday
14 January 2023Second Saturday
28 January 2023Fourth Saturday
11 February 2023Second Saturday
25 February 2023Fourth Saturday
11 March 2023Second Saturday
25 March 2023Fourth Saturday
8 April 2023Second Saturday
22 April 2023Fourth Saturday
13 May 2023Second Saturday
27 May 2023Fourth Saturday
10 June 2023Second Saturday
24 June 2023Fourth Saturday
8 July 2023Second Saturday
22 July 2023Fourth Saturday
12 August 2023Second Saturday
26 August 2023Fourth Saturday
9 September 2023Second Saturday
23 September 2023Fourth Saturday
14 October 2023Second Saturday
28 October 2023Fourth Saturday
11 November 2023Second Saturday
25 November 2023Fourth Saturday
9 December 2023Second Saturday
23 December 2023Fourth Saturday

Q&As Regarding Bank holiday saturday 2023

Are all Indian states and union territories subject to the Saturday bank holidays?

Yes, all private sector and public sector banks in India will observe the same Saturday bank holidays throughout the country’s states and union territories. The second and fourth Saturdays of each month are always used for this.

Who determines the bank holidays and do they apply to all of India’s various banks?

The Reserve Bank of India determines the bank holidays. All banks, including cooperative, rural, and regional banks as well as private and public sector banks, are subject to the holidays on the second and fourth Saturdays of each month. In India, it also applies to both scheduled and unscheduled banks.

Are internet banking services accessible and usable on the second and fourth Saturdays, when banks are closed?

Internet banking services are available on second and fourth Saturdays, except for RTGS transactions.

When banks are closed on the second and fourth Saturdays, will ATMs still be accessible?

Yes, even on the second and fourth Saturdays when banks are closed, ATMs will remain open.

Which Bank Holiday Saturday

Yes, all Sundays in a month—including those following the second and fourth Saturday holidays—are observed as bank holidays.

Saturday banking services will be available in 2023.

Even on Saturdays, users can use banking services and conduct both financial and non-financial transactions. Users have access to the following banking services around-the-clock, every day of the year (including holidays):

  • Unified Payments Interface (UPI)
  • IMPS (Immediate Payment Service)
  • National Electronic Fund Transfer (NEFT)
  • RTGS (Real-Time Gross Settlement System)

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