With the current financial year (2021-22) ending on March 31 and the new financial year (2022-23) beginning tomorrow (April 1), there are some major changes that will come into force. As these changes are directly related to money and banks,? all bank customers should be aware of the bank holidays in April 2022 so they can plan their bank visits accordingly.
With the new financial year beginning, there's a whole new set of bank holidays in India in April 2022 to look forward to. You need to know all the bank holidays across various states in India not just to know when to avoid visiting the bank but also to plan long, weekend getaways.
Most Indian banksĄ¯ functions are regulated by the Reserve Bank of India, banking schedules and holidays are also governed by the Reserve Bank of India (RBI) regulations. Public sector banks and private sector banks both are not working on Sunday and second and fourth Saturdays.
Bank holidays in India come in a variety of flavours -- it's a mix of mandated holidays by the banking sector, plus a whole set of festive and commemorative holidays authorised by various states. In April 2022 banks remain closed for 15 days.
On April 1, banks will remain shut because of the yearly closing of bank accounts across the country, except Aizawl, Chandigarh, Shillong, and Shimla.
On April 2 banks will be closed in? Karnataka, Maharashtra, Tamil Nadu, Telangana, Manipur, Jammu, Goa, and Jammu & Kashmir due to Gudi Padwa, Ugadi Festival, Telugu New Year's Day, Sajibu Nongmapanba (Cheiraoba).
On April 3, banks will observe weekend holidays across the country.
On April 4, banks will remain closed in Jharkhand on account of Sarhul.
On April 5, banks will remain closed in Telangana on account of Babu Jagjivan RamĄ¯s Birthday.
On April 9 banks will remain closed across the country because of the second Saturday.
On April 10, banks will observe weekend holidays across the country.
On April 14, banks will remain closed in most places across the country on the occasion of Dr. Babasaheb Ambedkar Jayanti, Mahavir Jayanti, Baisakhi, Vaisakhi and Tamil New YearĄ¯s Day
On April 15, banks will remain closed in most places across the country on the occasion of Good Friday, Bengali New YearĄ¯s Day and Himachal Day.
On April 16, banks will remain closed in the Guwahati region due to the Bohag Bihu celebration.
On April 17, banks will observe weekend holidays across the country.
On the occasion of Garia Puja, banks that are located in Agartala will be shut.
On April 23, banks will remain closed across the country because of the fourth Saturday.
On April 24, banks will observe weekend holidays across the country.
On the occasion of Shab-I-Qadr/Jumat-ul-Vida Banks in Jammu and Srinagar region will be closed.