List Of Bank Holidays In December 2021 – State-wise Public Holidays, Important Dates & Events in December 2021

Whenever you think about December, perhaps you think of merely Christmas. Since it’s one of the famous festivals celebrated across the World, December is often referred to as the “Christmas” month. Unlike November, December has fewer holidays. In general, each year from December 21, India experiences severe winters.

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December holds a few highly significant national and international holidays such as Christmas Eve, Christmas Day, Second Saturday, and a lot more. If you’re curious to know about the various bank holidays in December, you’ll love this article. By the end of the article, you’ll get a clear idea about the most significant dates and festivals in December.

Let’s get started!

Three-Holiday Acts by Reserve Bank of India

In general, all private and PSU banks function under the rules and regulations of the Reserve Bank of India. According to the RBI guidelines, the banks should be closed on the second and fourth Saturdays. In addition, banks also get holidays for national festivals, events, or other occasions.

Here are the various acts of RBI on bank holidays.

1. Holiday Under Negotiable Instruments Act – As per this act, the banks will be closed on public holidays. This is why it’s vital to finish the most significant work before the bank holidays.
2. Holiday Under Negotiable Instruments Act and Real-Time Gross Settlement Holiday – It’s also most commonly known as GTGS holidays, where the banks work on funds without netting.
3. Banks’ Closing of Accounts – This is the last bank holidays act that says the banks receive holidays to close the accounts.

Learn more about – Government Banks In India – Explore The List Of Government Banks

List of Bank Holidays in December 2021

India is the land of festivals and celebrations. Whether it’s early January, mid-June, or the end of December, the country celebrates one or other festivals each day. When we’re discussing the bank holidays in December 2021, different states have distinct festivals on the same dates or days.

Look at the table given below to get a clear idea about bank holidays in December. 

Date-wise Bank Holidays in December 2021

Date-wise Public Holidays in December 2021

State-wise Public Holidays in December 2021

Important Dates and Events in December 2021

Brief About Various Bank Holidays in December 2021

Do you want to know more about the various banks and public holidays in December? In this section, we’re going to discuss exactly the same. Keep reading.

Second Saturday and Fourth Saturday

Usually, every second and fourth Saturday, banks get holidays. The Reserve Bank of India Announced the bank holidays on the second and fourth Saturdays in 2015. However, the banks continuously operate on other Saturdays and are closed on all Sundays of a month.

Christmas Day

Christmas Day is celebrated to commemorate the birth of Jesus Christ. It’s celebrated each year on December 25 across the globe. It’s also most commonly known as the “Feast Day of Christ.” This is a religious festival and is widely celebrated by Christians. That’s why on this occasion everything remains closed from schools to banks.

Christmas Eve

Christmas Eve is celebrated just before Christmas Day, i.e., on December 24, 2021. Usually, this festival starts at night as Jesus Christ is believed to be born at midnight on December 25, 2021. On this occasion, people gather at Churches or homes to celebrate the birth of Jesus Christ. Christmas Eve comprises Midnight Mass(One of the most crucial traditions) where people give each other. Also, children and adults arrange and decorate Christmas Trees with beautiful decor items and lights.

New Year’s Eve

It’s no surprise to say that New Year’s Eve is one of the biggest festivals celebrated worldwide. According to the Gregorian Calendar, it’s celebrated every year on December 31, i.e., at the end of the year. On this day, people enjoy themselves with their family, friends, and neighbours till 12 am. In a few regions, people celebrate by firing crackers, screaming “Happy New Year”, enjoying pubs, clubs, or cutting cakes.

Key Takeaways

In December, banks get very few holidays for about three days. This year, they merely get two holidays for the second Saturday, the fourth Saturday, and Christmas day. Since Christmas day and the fourth Saturday fall under the same date, banks receive only two holidays rather than three. Now, let’s quickly recall the public and private holidays in December.

• Bank Holidays in December 2021 are Christmas Day, Second Saturday and Fourth Saturday.
• The public holidays in December include Nagaland State Formation Day, World’s Disabled or Handicapped Day, Goa Liberation Day, Tamu Losar, U Kiang Nangbah, and a lot more events.

Frequently Asked Questions

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