Jharkhand Holidays 2018

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This page focuses on the list of holidays in Jharkhand for the year 2018. India, being a fervent and culturally diverse society, celebrates several festivals and thus, there are different holidays. Each state in India has local occasions depending on predominant linguistic and religious demographics.

List Of Holidays In Jharkhand – 2018

Holidays in India are clustered, as there are different festivals and categories involved. However, talking about a state like Jharkhand in specific, the calendar year features multiple holiday categories. But the major ones are bank holidays, national holidays, regional holidays, and public holidays. Before reading through the list of holidays in Jharkhand, here is a quick introduction to the city.

Jharkhand is a state located in the eastern region of India and was an important part of Bihar until 2000. Its capital is Ranchi and is one of the important trade hubs in India. Spread about an area of 30,778 sq. mi, Jharkhand is also enriched with different mineral resources like copper, coal, and iron. In fact, it is India’s biggest manufacturer of iron and copper ore.

List Of Bank Holidays In Jharkhand – 2018

Bank holidays are business days, during which loan organizations, savings institutions, and commercial banks are closed for the public. A bank holiday is more pertinent to physical bank locations and therefore, the online bank services are still operative. These types of holidays differ from one country to the other and are defined by certain rules. 

Unlike a stock market holiday, a bank holiday does not incorporate an early closure. Moreover, bank holidays do not occur for two working days consecutively, as this can cause a huge disruption in everyday financial flows and transactions.

Despite holidays, a majority of the net banking systems allow access to the customers. Some of the popular and common online services offered by banks even on holidays include fund transfers, withdrawals, bill payments, and deposits.

Note: The second and fourth Saturdays of every month is declared as a public holiday for all banks that are operating across India.