Bank Holidays in Jammu and Kashmir 2023

Bank holidays in Jammu and Kashmir 2023 include gazetted, regional, and religious holidays. Jammu and Kashmir is a union territory in the northernmost part of India. It became so after the enforcement of the Jammu and Kashmir Reorganisation Act, 2019. There are many bank holidays in Jammu and Kashmir, and we have listed all of them here.

Various public holidays are observed and celebrated in the territory and the private and public banking institutions remain closed on some of them. We have shared the list of bank holidays in Jammu and Kashmir 2023 here.

Bank Holidays in Jammu and Kashmir 2023

The bank holidays in Jammu and Kashmir include national and regional celebrations, as well as the second and fourth Saturday of each month. Different types of bank holidays denote different significance. Here, we have shared the details about some of the Jammu and Kashmir bank holidays:

• Gazetted Holidays - The holidays that are declared as public events by the government of India are gazetted holidays. These include Republic Day, Independence Day and Gandhi Jayanti.
• Religious Holidays - Special occasions for people of different faiths are observed as bank holidays in Jammu and Kashmir.
• Regional Holidays - Some days are observed as Jammu and Kashmir bank holidays but are not holidays in other states of India.

Fixed Bank Holidays in Jammu and Kashmir

Some days are observed as fixed bank holidays in Jammu and Kashmir. This is because the Reserve Bank of India has declared some days of each month as bank holidays for all public as well as private banks. The fixed bank holidays in Jammu and Kashmir include the following:

• Second Saturday of every month.
• Fourth Saturday of every month.
• All Sundays of all months.

List of Bank Holidays in Jammu and Kashmir 2022

We have shared the list of all the Bank Holidays in Jammu and Kashmir 2023 here:

Bank Holidays in Jammu and Kashmir 2023 - Details

After going through the list of Jammu and Kashmir bank holidays, you might want to know more about the significance of the holidays. So, we have shared the details about some of the regional bank holidays in Jammu and Kashmir 2023 here:

Shab-i-Qadr (7 April)

• This regional bank holiday in Jammu and Kashmir include Shab-i-Qadr.
• This day commemorates the day when the verses of the Quran were first revealed to the Prophet Muhammad.
• This day is an important day of offering prayers for the muslims.

Jumat-ul-Wida (21 April)

• Jumat-ul-Wida is one of the most important regional Jammu and Kashmir bank holidays.
• It is to be celebrated on 21 April this year, on the final day of Ramadan.

Accession Day (26 October)

• The Accession Day of Jammu and Kashmir is observed annually on October 26 and is one of the significant state bank holidays in Jammu and Kashmir.
• On this day, Maharaja Hari Singh signed the Instrument of Accession to join the Dominion of India.

FAQs on Bank Holidays in Jammu and Kashmir

Q1. What are the bank holidays in Jammu and Kashmir in 2023?

Bank Holidays in Jammu and Kashmir in 2023 include Republic Day (26 Jan), Holi (8 Mar), Ram Navmi (30 Mar), Ambedkar Jayanti (14 Apr), Independence Day (15 Aug), Idul Fitr, Janmashtami, Vijaya Dashmi, Diwali, Guru Nanak Jayanti, Christmas, Accession Day, etc.

Q2. How many gazetted bank holidays are there in Jammu and Kashmir?

Like all other Indian states, there are three gazetted bank holidays in Jammu and Kashmir. These holidays include Republic Day, Independence Day, and Gandhi Jayanti. The gazetted holidays are reserved by the Reserve Bank of India for all the private and public banks in India.

Q3. Is Saturday a bank holiday in Jammu and Kashmir?

As per the guidelines set by the Reserve Bank of India, some Saturdays are observed as bank holidays in Jammu and Kashmir. Here are the list of Saturdays observed as bank holidays in Jammu and Kashmir:

• Every second Saturday of the month.
• Every fourth Saturday of the month.

Q4. Why is 21 April a bank holiday in Jammu and Kashmir?

April 21 will be observed as a bank holiday in Jammu and Kashmir 2023 because that day will be celebrated as Jumat-ul-Wida. This day is observed on the last day of Ramadan by Muslims. Jumat-ul-Wida is one of the most important regional bank holidays in Jammu and Kashmir.

Q5. Where can I find the list of bank holidays in Jammu and Kashmir?

You can get the list of bank holidays in Jammu and Kashmir here. Find out the dates on which the public and private banks in the union territory of Jammu and Kashmir will remain closed in 2023 in the list shared here. You can also find out about the significance of the bank holidays in J&K here.

Q6. Which is one of the most significant bank holidays in Jammu and Kashmir?

Accession Day is one of the most significant state Bank Holidays in Jammu and Kashmir. On this day, Maharaja Hari Singh signed the Instrument of Accession to join the Dominion of India. So, Accession Day is considered as an important occasion and is therefore observed as a bank holiday in Jammu and Kashmir.