Festive Months bring a lot of Holidays for Banks, In march 2024 there are 14 days for which the bank will remain closed. These include Some public holidays, Regional Holidays and 2nd & 4th Saturdays and 4 Sundays. These holidays are determined by the Reserve Bank of India (RBI) and corresponding state governments.
Here is a consolidated guide for the March 2024 Holidays:
March 1 – Chapchar Kut in Mizoram
March 3 – Sunday
March 8 – Mahashivratri (except New Delhi, Bihar, Rajasthan, Tamil Nadu, Tripura, West Bengal, Mizoram, Assam, Manipur, Meghalaya, Sikkim, Nagaland, Itanagar, Goa)
March 9 – Second Saturday
March 10 – Sunday
March 17 – Sunday
March 22 – Bihar Diwas in Bihar
March 23 – Fourth Saturday
March 24 – Sunday
March 25 – Holi (except Karnataka, Odisha, Tamil Nadu, Manipur, Kerala, Nagaland, Bihar, Srinagar)
March 26 – Yaosang second day/Holi (Odisha, Manipur, Bihar)
March 27 – Holi (Bihar)
March 29 – Good Friday (except Tripura, Assam, Rajasthan, Jammu and Kashmir, Himachal Pradesh)
March 31 – Sunday
Online Banking
Nationwide access to online banking services will remain open despite bank closures. Individuals need to be aware of scheduled bank holidays to plan bank visits accordingly.
Determination of Bank Holidays
Bank Holidays are determined by RBI on various factors such as national/state holidays, cultural or religious observances, operational requirements, government announcements, and coordination with other banks. This holiday schedule is communicated by the RBI through its various channels like its website and notifications to banks and financial institutions.