Bank Holiday List 2019

Banks remain non-operational on the second and fourth Saturday of every month and all Sundays. Additionally, Reserve Bank of India (RBI) has a list of public and state-specific holidays when banks remain shut.

Bank holidays in India are classified as National holidays or State/ Central government holidays. Republic Day, Independence Day and Gandhi Jayanti are the only three National holidays. All other holidays are state specific. Here is a comprehensive list of holidays as outlined by the RBI for 2019.

Bank holiday list 2019

In addition to the three National Holidays mentioned above, Good Friday (19th April) and Christmas (25th December), are the only five days when National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions will not be possible.NEFT/RTGS/IMPS Payments:

On all other days, customers can digitally transact via NEFT from 8 am to 6:30 pm, RTGS from 8 am to 4:30 pm and via IMPS 24/7. 

While there is no minimum or maximum amount needed to use NEFT service, the maximum amount per transaction is limited to Rs 50,000. It takes about 2 hours to process.

Via IMPS, you can transact up to Rs 2 lakh per transaction. It is processed immediately.

RTGS transfers also happen immediately, but the minimum amount required is Rs 2 lakh, and the maximum is Rs 10 lakh per transaction.

Please check with your bank to confirm the timings and applicability of holidays for smooth transactions.

^{Last updated: 1-March-2019}