Payments default settlement cycle (T+2)

Assume settlement schedule for a payment is T+3
settlement holiday example

Note: Bank holidays aren’t counted as working days.

# Date Holiday Name
101/04/2026Annual Bank Closing
202/04/2026Ram Navami
303/04/2026Mahavir Jayanti
410/04/2026Good Friday
514/04/2026Dr. B.R. Ambedkar Jayanti / Tamil New Year / Bihu
601/05/2026May Day (Labour Day)
725/05/2026Buddha Purnima
817/06/2026Bakrid (Eid al-Adha)
929/07/2026Muharram
1015/08/2026Independence Day
1128/08/2026Janmashtami
1205/09/2026Milad-un-Nabi
1302/10/2026Mahatma Gandhi Jayanti
1420/10/2026Dussehra (Vijaya Dashami)
1509/11/2026Diwali (Deepavali)
1610/11/2026Govardhan Puja
1711/11/2026Bhai Dooj
1827/11/2026Guru Nanak Jayanti
1925/12/2026Christmas Day
2001/01/2027New Year Day
2126/01/2027Republic Day
2216/03/2027Holi
2329/03/2027Ramzan Id (Eid-ul-Fitr)