Maruti Suzuki India Limited Leave Policy- Holiday list 2025

Maruti Suzuki India Limited India Leave Policy

Leave Type Duration
Annual Leave Up to 30 days (varies based on grade and tenure)
Sick Leave Up to 12 days
Maternity Leave 26 weeks
Paternity Leave 15 days
Adoption Leave 26 weeks
Leave during Notice Period Discouraged
Other Leaves Varies

Maruti Suzuki India Limited India Holiday list 2024

Date Day Holiday Name Notes
Jan 14 Sunday Makar Sankranti National Holiday
Jan 26 Friday Republic Day National Holiday
Feb 11 Sunday Guru Ravidas Jayanti Optional Holiday
Mar 4 Monday Maha Shivratri Optional Holiday
Mar 8 Friday International Women’s Day Optional Holiday
Mar 18 Monday Holi National Holiday
Mar 29 Friday Good Friday Optional Holiday
Apr 1 Monday Easter Monday Optional Holiday
Apr 10 Wednesday Eid-ul-Fitr National Holiday
Apr 14 Sunday Dr. Baba Saheb Ambedkar’s Birthday Optional Holiday
Apr 21 Sunday Mahavir Jayanti Optional Holiday
May 1 Wednesday Maharashtra Day (Observed in Maharashtra only) State Holiday
May 9 Thursday Rabindranath Tagore’s Birthday Optional Holiday
May 23 Thursday Buddha Purnima National Holiday
Jun 5 Wednesday World Environment Day Optional Holiday
Aug 15 Thursday Independence Day National Holiday
Sep 5 Wednesday Teachers’ Day Optional Holiday
Sep 9 Monday Ganesh Chaturthi (Observed in Maharashtra only) State Holiday
Oct 2 Wednesday Mahatma Gandhi’s Birthday National Holiday
Oct 24 Thursday Diwali (Govardhan Puja) National Holiday
Oct 25 Friday Diwali (Laxmi Puja) National Holiday
Oct 26 Saturday Bhai Dooj Optional Holiday
Nov 4 Monday Chhath Puja (Observed in Bihar, Jharkhand, Uttar Pradesh) Regional Holiday
Nov 14 Thursday Guru Nanak Dev Ji’s Birthday Optional Holiday
Dec 25 Wednesday Christmas Day Optional Holiday

Maruti Suzuki India Leave Policy โ€“ Detailed Employee Guide

Maruti Suzuki follows a transparent leave and holiday structure designed under the Factories Act and internal HR compliance.
This guide explains leave types, payroll impact, encashment, and how to verify the holiday calendar in the HRMS portal.

Types of Leaves Available

Employees are eligible for multiple leave types during the year. Each category has its own rules:

Type of Leave Purpose Eligibility/Usage
Casual Leave (CL) Short personal work or emergencies 7โ€“10 days per year (location-wise)
Sick Leave (SL) Health issues/medical recovery Medical proof may be needed beyond 2 days
Earned Leave (EL) Planned vacations/long breaks Credited annually; can be carried forward
Maternity Leave Expecting mothers Up to 26 weeks as per law
Paternity Leave New fathers 5โ€“7 days, as per policy
Special/Compensatory Off Worked on an official holiday Subject to manager approval/roster

Note: Exact entitlements can vary by plant/state and grade. Check HRMS for location-specific policy.

Salary & Payroll Impact of Leaves

  • All approved leaves are auto-adjusted in monthly payroll.
  • If balance is exhausted, absence is marked as Loss of Pay (LOP).
  • Attendance, overtime and encashment are processed through HRMS.
  • Download salary slips and leave summaries anytime from HRMS.

Leave Encashment Policy

Unused Earned Leave (EL) may be encashed at financial year-end or during full & final settlement.
Encashment is typically based on basic pay + dearness allowance and may be taxable under the Income Tax Act (Section 10(10AA)).

  • Encashment limits depend on grade and tenure.
  • Amount is credited via payroll and reflected in the payslip.
  • For calculation/tax queries, contact payroll/HR.

Leave Encashment Calculation โ€“ Example

Parameter Example Value Explanation
Basic Pay + DA (Monthly) โ‚น25,000 Eligible component used for encashment
Earned Leave Balance 15 days As per HRMS leave ledger
Daily Pay โ‚น833.33 โ‚น25,000 รท 30 days (illustrative)
Encashment Amount โ‚น12,500 15 ร— โ‚น833.33
TDS (Illustrative) โ‚น1,250 10% example; actual tax as per slab/rules
Net Payout (Payroll) โ‚น11,250 Credited with salary as per payroll cycle

Disclaimer: The above is an illustration. Actual formula, eligible components and tax treatment may vary by policy, grade, location and applicable laws.

Holiday List & HR Circulars

Each plant publishes an annual Holiday Calendar approved under statutory rules.
Common holidays include Republic Day, Independence Day, Gandhi Jayanti, Diwali, Holi, Eid, Christmas and regional festivals.
The official list is shared via HRMS and notice boards every year.

Payroll & Statutory Compliance

  • PF (Provident Fund) and ESI deductions as per eligibility.
  • Gratuity payable as per the Payment of Gratuity Act (service conditions apply).
  • Maternity Benefits as per the Maternity Benefit Amendment Act, 2017.
  • TDS deductions as per income tax slabs; submit proofs in HRMS during declaration window.

How to Check Holiday List & Apply Leave (HRMS)

  1. Login to the HRMS/ESS portal.
  2. Open Leave & Attendance and click Apply Leave.
  3. Select the correct leave type (CL/SL/EL) and date range.
  4. Upload supporting documents (medical/travel) if required.
  5. Open the Holiday Calendar tab to view plant-wise holidays.
  6. Track approval under My Leave Requests.

Tip: Plan ahead to avoid sandwich rule impact on weekly offs/holidays.

FAQs

Can Earned Leave be carried forward?

Yes. Carry forward is allowed up to a policy cap and differs by plant/grade. Check HRMS for your eligibility.

How is leave encashment calculated?

Based on eligible EL and payroll rules (generally basic pay + DA). Tax is applied as per income tax provisions.

Is the sandwich rule applicable?

Some plants apply the sandwich rule when weekly offs/holidays fall between leave days. Verify with plant HR and roster guidelines.

What is LOP and how does it affect salary?

LOP (Loss of Pay) occurs when leave balance is zero or leave is unapproved. The days are deducted in payroll processing.

Where can I see the latest holiday list?

HRMS Holiday Calendar section or the internal HR circular/notice board for your plant.

Quick Checklist (Before Applying)

  • Verify leave balance in HRMS.
  • Select the correct leave type and dates.
  • Attach required documents (medical/travel) if needed.
  • Check holiday calendar for your plant/location.
  • Confirm manager approval before payroll cut-off.


Leave a Comment