In India, a bank holiday is considered to be a public holiday. But, all public holidays cannot be considered to be as bank holidays. All the bank holidays are declared by Central / and Governments / Union Territories under NI (Negotiable Instruments) Act. Each and every bank shall follow the guidelines issued by The Reserve Bank of India (RBI) with respect to the list of bank holidays released by them every year.

Each and every state in India in the significance of its cultural and religious diversity has local festivals and therefore the list of all the bank holidays differs from one state to another. Also, almost all the Banks remain closed every 2nd and 4th Saturday and all Sunday of every month.

To know more about Delhi bank holidays 2023, let’s check the list of bank holidays released by the Reserve Bank of India.

Date	Day	Holiday Description
26^th January 2023	Thursday	Republic Day
8^th March 2023	Wednesday	Holi/Holi 2nd Day – Dhuleti/Yaosang 2nd Day
1^st April 2023	Saturday	To enable Banks to close their yearly accounts
4^th April 2023	Tuesday	Mahavir Jayanti
7^th April 2023	Friday	Good Friday
22^nd April 2023	Saturday	Ramzan Eid (Eid-Ul-Fitr)
5^th May 2023	Friday	Buddha Purnima
29^th June 2023	Thursday	Bakri Eid (Eid-Ul-Adha)
29th July 2023	Saturday	Muharram (Tajiya)
15^th August 2023	Tuesday	Independence Day
28^th September 2023	Thursday	Eid-E-Milad/Eid-e-Meeladunnabi – (Prophet Mohammad’s Birthday) (Bara Vafat)
2^nd October 2023	Monday	Mahatma Gandhi Jayanti
24^th October 2023	Friday	Dussehra/Dusshera (Vijaya Dashmi)/Durga Puja
27^th November 2023	Monday	Guru Nanak Jayanti/Karthika Purnima
25^th December 2023	Monday	Christmas

List of Bank Holidays on Saturdays in Delhi

Date	Event
14^th January 2023	2^nd Saturday
28^th January 2023	4^th Saturday
11^th February 2023	2^nd Saturday
25^th February 2023	4^th Saturday
11^th March 2023	2^nd Saturday
25^th March 2023	4^th Saturday
1^st April 2023	To enable Banks to close their yearly accounts
8^th April 2023	2^nd Saturday
22^nd April 2023	4^th Saturday
13^th May 2023	2^nd Saturday
27^th May 2023	4^th Saturday
10^th June 2023	2^nd Saturday
24^th June 2023	4^th Saturday
8^th July 2023	2^nd Saturday
22^nd July 2023	4^th Saturday
29^th July 2023	Bakri Eid (Eid-Ul-Adha)
12^th August 2023	2^nd Saturday
26^th August 2023	4^th Saturday
9^th September 2023	2^nd Saturday
23^rd September 2023	4^th Saturday
14^th October 2023	2^nd Saturday
21^st October 2023	4^th Saturday
11^th November 2023	2^nd Saturday
25^th November 2023	4^th Saturday
9^th December 2023	2^nd Saturday
23^rd December 2023	4^th Saturday

Banking facilities available on Bank Holidays

Below mentioned are the services that can be availed of on bank holidays:

Mobile Banking & Net Banking services
ATM services
Cheque Drop facility at ATM or at drop boxes
National Electronic Funds Transfer (NEFT)
Unified Payments Interface (UPI)
Real Time Gross Settlement (RTGS)
Immediate Payment Service (IMPS)

Nowadays, an account holder is not required to visit a bank branch to carry out any banking transactions, as he/ she can easily avail of all the banking services conveniently sitting at home with the help of the internet without even wondering about the bank timings as these services are available 24*7 to the customers. The banking hours of almost every bank differ and also, the working hours of the same bank may differ branch-wise. Let us take examples of some banks to understand the bank timings in a better way.

Before visiting a bank, an account holder should know about the actual operating hours of a bank. Below mentioned are the Indian overseas bank timings that depend on the location of the branch.

Day	Timings
IOB Bank Timings from Monday to Friday	10:00 am to 04:00 pm
IOB Bank Timings on Sunday	Bank Closed
IOB Bank Timings on Second and Fourth Saturday	Bank Closed
IOB Bank Timings on First, Third and Fifth Saturday	10:00 am to 04:00 pm

IOB Bank Lunch timings

IOB Bank lunch hour differs from branch to branch as private bank employees go for lunch breaks in shifts so that customers don’t have to wait for Lunch time to get over.

So, because of this each and every customer can have access to banking services at any branch from 10:00 a.m. to 04:00 p.m. which provides customers an advantage of all the banking services within IOB working hours.

IOB Bank RTGS/ NEFT Timings

With the help of NEFT & RTGS, transferring funds from one bank to another bank has been made easier. Account holders can have access to this service using IOB net banking platform or the mobile banking application. Also, customers can visit the IOB Bank branch for the same.

Type of Fund Transfer	IOB Bank Timings
NEFT	08:00 a.m. to 07:00 p.m.
RTGS	08:00 a.m. to 04:30 p.m.

Similarly, let us now understand the bank timings in a better way with the help of taking an example of Kotak Bank Timings:

Day	Timings
Kotak Bank Timings from Monday to Friday	09:30 am to 04:30 pm
Kotak Bank Timings on Sunday	Bank Closed
Kotak Bank Timings on Second and Fourth Saturday	Bank Closed
Kotak Bank Timings on First, Third and Fifth Saturday	09:30 am to 04:30 pm

Kotak Bank Lunch timings

Kotak Bank’s lunch hour differs from branch to branch as private bank employees go for lunch breaks in shifts so that customers don’t have to wait for Lunch time to get over. The lunch timings of the Kotak Bank are from 01:00 p.m. to 03:00 p.m.

Kotak Bank RTGS/ NEFT Timings

With the help of NEFT & RTGS, transferring funds from one bank to another bank has been made easier. Account holders can have access to this service using Kotak Bank net banking platform or the mobile banking application. Also, customers can visit the Kotak Bank branch for the same.