Banks will be shut for 14 days in March 2024 including state-wise holidays for festivals like Holi, Yaosang, and Good Friday alongside regular second/fourth weekend leaves. While some holidays are pan-India under RBI’s guidance, a few are regional including Chapchar Kut, Mahashivratri, Bihar Diwas.
14 Bank Holidays in March Between Festivals, Weekend Rest Days
Scheduled commercial banks across public and private sector entities will remain closed for a total of 14 days across March 2024 in line with Reserve Bank of India (RBI) guidelines on holiday observance. This factors usual weekend leaves.
Some days see nationwide closure while a few are restricted to certain states as per state declarations coinciding with local festivities. Days lost on Holi celebrations also add to count.
Holi Holidays Vary Across States
Among prominent March 2024 bank holidays coming under 3 RBI classifications of Negotiable Instruments Act, RTGS Calendar, and Bank Closing of Accounts are:
- Bank Holidays in March 2024 full list
- Chapchar Kut: March 1
- Mahashivratri (Maha vad-13)/Sivarathri: March 8
- Bihar Divas: March 22
- Bank Holidays on Holi 2024
- Holi (Second Day) – Dhuleti/Dol Jatra/Dhulandi: March 25
- Yaosang 2nd Day/Holi: March 26
- Holi: March 27
- Good Friday: March 29
While bank ops cease pan-India on Good Friday and Holi-related observances see partial closures, other regional curtailments are limited to states celebrating respective events like Bihar Diwas.
14 total holidays include festival leaves, weekends
Customers are advised planning bank activity around the 2 fortnight aligned with listed RBI dates and avoiding weekends plus state-level festivities where applicable for continuity of essential services like cash withdrawals. Check full list of state wise bank holidays here.
