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Bank Holidays In March: Banks To Remain Close For 4 Days In A Row Next Week

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In the midst of ongoing geopolitical tensions, Indian banking customers should be aware that they will be witnessing four consecutive bank holidays next week. These holidays, which include Holi and weekends, will result in Indian banks remaining closed in various regions of the nation. As a consequence, if you arrange a bank visit, keep in mind the bank's closing days to prevent any unnecessary bother. Bank holidays are classified by the Reserve Bank of India (RBI) into three categories: Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday and Banks' Closing of Accounts. All financial institutions across the nation, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, would be closed on holidays falling under these categories.

 
Bank Holidays In March: Banks To Remain Close For 4 Days In A Row Next Week

List of Bank Holidays In The Coming Week of March

Bank holidays differ from state to state depending on the holiday honored, hence on the occasion of Holika Dahan festival banks will remain shut in Dehradun, Kanpur, Lucknow and Ranchi on 17th March 2022 (Thursday).

Due to the Holi/Holi 2nd Day - Dhuleti/Doljatra festival, banks to remain shut in Ahmedabad, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Gangtok, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla and Srinagar on 18th March (Friday).

Due to the occasion of Holi/Yaosang 2nd Day, banks in Bhubaneswar (Odisha), Imphal, and Patna will be closed on March 19th (Saturday). Due to the weekend on March 20th (Sunday), all Indian banks will be closed across the country.

DateDayHoliday descriptionBanks to remain shut in
17.03.2022ThursdayHolika DahanDehradun, Kanpur, Lucknow and Ranchi
18.03.2022FridayHoli/Holi 2nd Day - Dhuleti/DoljatraAhmedabad, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Gangtok, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla and Srinagar
19.03.2022SaturdayHoli/Yaosang 2nd DayBhubaneswar (Odisha), Imphal, and Patna
20.03.2022SundayWeekendAll states

Banks will also be closed on the 22nd of March (Tuesday) in Patna due to Bihar Divas, and on the 26th of March 2022 (Saturday) in all states due to the fourth Saturday, and on the 27th of March (Sunday) due to weekend.

Read more about: bank holidays
Story first published: Sunday, March 13, 2022, 13:59 [IST]
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