What is a Settlement Holiday?

Settlement holiday means when stocks markets are open but settlement of your trades do not take place as per the usual T+1 cycle, because either the depositaries (NSDL and CDSL) are closed or the banks are closed on respective day.

In simple words, Settlement Holidays occurs due to bank holidays or for any other reason when the depositories are closed. A settlement holiday causes one day’s delay for your shares to get deposited in your Demat account. Hence, it adds an extra working day in settling your Demat account.

How will this impact your trades?  Take below as a example of settlement holiday

Let’s assume that, 16th August 2025 is settlement holiday, due to Parsi New Year.

  • No settlement will take place on 16th August
  • Transaction which was scheduled for settlement on 16th August will be automatically rescheduled for the next Trading Day.
  • Profit earned from Equity or Derivatives market on 14th August, will not be available for trading or withdrawal purposes on 16th August.

Clearing Holiday List for 2025

WeekdayDateHolidayExchanges
Wednesday19 Feb 2025Chhatrapati Shivaji Maharaj JayantiNSE BSE MCX
Wednesday26 Feb 2025MahashivratriNSE BSE MCX
Friday14 Mar 2025HoliNSE BSE MCX
Monday31 Mar 2025Id-Ul-Fitr (Ramadan Eid)NSE BSE MCX
Tuesday01 Apr 2025Annual Bank ClosingNSE BSE MCX
Thursday10 Apr 2025Shri Mahavir JayantiNSE BSE MCX
Monday14 Apr 2025Dr. Baba Saheb Ambedkar JayantiNSE BSE MCX
Friday18 Apr 2025Good FridayNSE BSE MCX
Thursday01 May 2025Maharashtra DayNSE BSE MCX
Monday12 May 2025Buddha PournimaNSE BSE MCX
Friday15 Aug 2025Independence Day / Parsi New YearNSE BSE MCX
Wednesday27 Aug 2025Shri Ganesh ChaturthiNSE BSE MCX
Friday05 Sep 2025Id-E-MiladNSE BSE MCX
Thursday02 Oct 2025Mahatma Gandhi Jayanti/DussehraNSE BSE MCX
Tuesday21 Oct 2025Diwali Laxmi PujanNSE BSE MCX
Wednesday22 Oct 2025BalipratipadaNSE BSE MCX
Wednesday05 Nov 2025Prakash Gurpurb Sri Guru Nanak DevNSE BSE MCX
Thursday25 Dec 2025ChristmasNSE BSE MCX

Settlement Holidays List of 2025

WeekdayDateHoliday
Saturday01 Feb 2025Union budget daySETTLEMENT
Wednesday19 Feb 2025Chhatrapati Shivaji Maharaj JayantiSETTLEMENT
Wednesday26 Feb 2025MahashivratriSETTLEMENT
Friday14 Mar 2025HoliSETTLEMENT
Monday31 Mar 2025Id-Ul-Fitr (Ramadan Eid)SETTLEMENT
Tuesday01 Apr 2025Annual Bank ClosingSETTLEMENT
Thursday10 Apr 2025Shri Mahavir JayantiSETTLEMENT
Monday14 Apr 2025Dr. Baba Saheb Ambedkar JayantiSETTLEMENT
Friday18 Apr 2025Good FridaySETTLEMENT
Thursday01 May 2025Maharashtra DaySETTLEMENT
Monday12 May 2025Buddha PournimaSETTLEMENT
Friday15 Aug 2025Independence Day / Parsi New YearSETTLEMENT
Wednesday27 Aug 2025Shri Ganesh ChaturthiSETTLEMENT
Friday05 Sep 2025Id-E-MiladSETTLEMENT
Thursday02 Oct 2025Mahatma Gandhi Jayanti/DussehraSETTLEMENT
Tuesday21 Oct 2025Diwali Laxmi PujanSETTLEMENT
Wednesday22 Oct 2025BalipratipadaSETTLEMENT
Wednesday05 Nov 2025Prakash Gurpurb Sri Guru Nanak DevSETTLEMENT
Thursday25 Dec 2025ChristmasSETTLEMENT

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