The border guarding force, also the country's second largest paramilitary with 2.40 lakh personnel in various ranks, celebrates the day every year mark its raising in 1965.
"In view of the sad demise of former Prime Minister I K Gujral, all functions including 47th BSF raising day parade, which is scheduled at BSF camp Chhawla (in south Delhi) on December 1, 2012 is postponed," a force said in a statement.
While Union Home Minister Sushilkumar Shinde was expected to take the salute at the parade, a host of top officials from the security establishment of the country were scheduled to take part in the celebrations of the force which guards two crucial Indian frontiers with Pakistan and Bangladesh.
A number of personnel from various formations and border locations of the force arrived in the national capital to take part in the annual celebrations.
A senior officer of the force said the event would be held sometime later.