Bank holidays in April 2023 India: Customers are advised to plan their bank work in advance as April has a lot of bank holidays this year. Banks will be closed for a total of 15 days in the month, including weekends. Banks will remain closed on the second and fourth Saturdays as well as all Sundays, while banks are open on the first and third Saturdays.
All banks will be closed on April 1 to allow customers to close their accounts. Banks are closed in all states except Mizoram, Chandigarh, Himachal Pradesh and Meghalaya. In April this year, banks will be closed on occasions such as Mahavir Jayanti, Good Friday, Ambedkar Jayanti, Id-Ul Fitr and Baisakhi.
It is always a good idea to check the Reserve Bank of India's holiday calendar before planning any bank related work. The RBI classifies bank holidays into three categories of Banks Closing of Accounts, Holiday under the Negotiable Instruments Act and Holidays under Negotiable Instruments and Real-Time Gross Settlement Holidays.
Mobile and net banking will be functional even though bank branches will remain closed on these days. Also, WATCH | Hindustan Zinc, SBI Cards, IGL, and more: Stocks that will trade ex-dividend this week.