List of Bank Holidays in Punjab 2023

By : Neha Dhyani

Updated : Mar 9, 2023, 21:20

Bank holidays in Punjab 2023 include gazetted holidays such as Republic Day, Independence Day and Gandhi Jayanti, in addition to other public and regional occasions. Punjab is a north Indian state with Chandigarh as the state's capital. The bank holidays in Punjab are set by the state government following the directions of the Reserve Bank of India.

Punjab is a state that is rich in culture and the main language spoken is Punjabi. We have shared the details of some of the most significant holidays in the state, along with the complete list of bank holidays in Punjab here.

Bank Holidays in Punjab 2023

Some of the bank holidays in Punjab are mandated by the Reserve Bank of India for all the private and public sector banks. These include gazetted holidays and days of religious importance. Besides this, there are also many regional bank holidays in Punjab.

The Reserve Bank of India also sets some other fixed bank holidays in Punjab. We have shared the list of all the fixed bank holidays in the state of Punjab here.

Bank Holidays in Punjab

Date

Second Saturday

14 January, 11 February, 11 March, 8 April, 13 May, 10 June, 8 July, 12 August, 9 September, 7 October, 11 November, 9 December

Fourth Saturday

28 January, 25 February, 11 March, 22 April, 27 May, 24 June, 22 July, 26 August, 23 September, 21 October, 25 November, 23 December

List of Bank Holidays in Punjab

We have shared the list of bank holidays in Punjab 2023, along with details of the date and day here.

Date & Month

Day

Bank Holidays in Punjab 2023

Type of Holiday

January 2

Thursday

Guru Gobind Singh Jayanti

Religious

January 26

Thursday

Republic Day

Public

January 26

Thursday

Vasant Panchami

Religious

March 8

Wednesday

Holi

Religious

March 30

Thursday

Ram Navami

Religious

April 1

Saturday

Closing of Bank Accounts

Official

April 4

Tuesday

Mahavir Jayanti

Religious

April 7

Friday

Good Friday

Religious

April 14

Friday

Ambedkar Jayanti

Public

April 14

Friday

Vaisakhi

Religious

April 22

Saturday

Idul Fitr

Religious

May 1

Monday

Labour Day

International

May 5

Friday

Buddha Purnima

Religious

May 23

Tuesday

Martyrdom Day of Guru Arjun Dev

Regional

June 4

Sunday

Sant Guru Kabir Jayanti

Regional

June 29

Thursday

Bakrid / Eid al Adha

Religious

July 29

Saturday

Muharram

Religious

August 15

Tuesday

Independence Day

Public

September 7

Thursday

Janmashtami

Religious

September 28

Thursday

S. Bhagat Singh Ji Jayanti

Regional

October 2

Monday

Gandhi Jayanti

Public

October 24

Tuesday

Vijaya Dashami

Religious

October 28

Saturday

Maharishi Valmiki Jayanti

Regional

November 4

Saturday

Parkash Utsav Sri Guru Granth Sahib Ji

Regional

November 12

Sunday

Diwali

Religious

November 17

Friday

Chhath Puja

Religious

November 24

Friday

Sri Guru Teg Bahadur Ji's Martyrdom Day

Regional

November 27

Monday

Guru Nanak Jayanti

Religious

December 25

Monday

Christmas Day

Religious

Bank Holidays in Punjab - Details

The list of bank holidays in Punjab 2023 consists of many days of regional importance. We have shared the details of the most significant regional bank holidays in Punjab here.

Vaisakhi (April 14)

Every year on April 13 or 14, this regional Indian festival (also known as Baisakhi) is celebrated in Punjab and other north Indian states. This day is observed as a bank holiday in Punjab and is one of the most significant days for Sikhs. Vaisakhi is enthusiastically celebrated by millions of Sikhs in India and throughout the world.

Sri Guru Arjun Dev Ji's Martyrdom Day (May 23)

On May 23, the third month in the Sikh/Hindu calendar, Sri Guru Arjun Dev Ji's Martyrdom Day is observed. It is a regionally declared bank holiday in Punjab 2023. This day commemorates the day on which Guru Arjan Dev, one of the Sikh gurus, was martyred. People honor the guru and pay him their respects on this day.

Sri Guru Teg Bahadur Ji's Martyrdom Day (November 24)

Guru Teg Bahadur was the ninth of the Sikh religion's ten Gurus. The martyrdom day of Shri Guru Tegh Bahadur Ji is a restricted bank holiday in Punjab. On this day, Guru Teg Bahadur was executed publicly by the Mughal Emperor Aurangzeb in Delhi. He was executed because he refused to accept Aurangzeb's authority. Therefore, this day is observed as a bank holiday in Punjab in his memory.

Guru Nanak Jayanti (November 27)

Guru Nanak Sahib's birthday occurs on Kartik Puranmashi, the full moon day of the month Kartik, which occurs in November according to the western calendar. This festival praises Guru Nanak Sahib, the first Sikh Guru and the founder of Sikhism. The day of Guru Nanak Jayanti is observed as one of the bank holidays in Punjab every year.

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FAQs on Bank Holidays in Punjab

Q1. How many bank holidays in Punjab are there in 2023?

There are many bank holidays in Punjab in 2023, including Guru Gobind Singh Jayanti, Republic Day, Holi, Good Friday, Ambedkar Jayanti, Ram Navami, Idul Fitr, Vijaya Dashmi, Diwali, Janmashtami, Independence Day, Guru Nanak Jayanti, Gandhi Jayanti and Christmas Day.

Q2. Is April 14 a bank holiday in Punjab in 2023?

Yes, April 14 will be a bank holiday in Punjab in 2023. This day will be celebrated as Vaisakhi. This is a spring harvest festival observed majorly in Punjab and various other regions in India. On this day, the Sikh community of Punjab hold kirtans, and community fairs, and distributes food to the needy.

Q3. Which are the important bank holidays in Punjab?

Some of the important bank holidays in Punjab include Guru Nanak Jayanti, the Martyrdom Day of Guru Arjun Dev, Guru Teg Bahadur Martyrdom Day, Vaisakhi, etc. These days hold immense significance for Punjabis residing in and outside Punjab. Therefore, these days are observed as bank holidays in Punjab.

Q4. How many national bank holidays are there in Punjab?

There are only three national bank holidays in Punjab, set by the Reserve Bank of India. The national bank holidays in Punjab include Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2).

Q5. Why is November 27 a bank holiday in Punjab 2023?

November 27, 2023, will be observed as one of the bank holidays in Punjab. This day is celebrated as Guru Nanak Jayanti, which commemorates the birth of Guru Nanak Dev, a prominent Sikh guru. Therefore, all public and private banks will remain closed on November 27.

Q6. Are Saturdays bank holidays in Punjab?

Yes, some Saturdays are observed as bank holidays in Punjab. The premier banking institution of India, the Reserve Bank of India dictates that only the second and fourth Saturdays of the month are bank holidays in Punjab. However, all fifth Saturdays of the month (if any) are observed as working days.

Q7. Where can I find the list of 2023 bank holidays in Punjab?

You can find the list of bank holidays in Punjab 2023 here. This list will help you conveniently plan your bank visits throughout the different months of the year in 2023. Along with the list of bank holidays in Punjab, we have also shared details about some of the most significant regional bank holidays in the state.