Bank Holidays in March 2024, List of Holidays in March

Bank Holidays in March 2024

India celebrates a number of different banking holidays all year round. These celebrations include interesting ceremonies, state-specific festivals, and national holidays. Under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks’ Closing of Accounts, the Reserve Bank of India (RBI) defines specific holidays. During certain specified holidays, banks close and no in-person banking services are offered. But even during the holidays, managing finances is now easier thanks to modern digital banking options.

Online banking platforms, mobile apps, and digital payment methods like UPI, IMPS, and net banking remain accessible, enabling users to perform various financial tasks seamlessly. In addition to the holidays prescribed by the RBI, each state in India has its own set of regional festivals and holidays. These state-specific holidays vary across different regions, adding further diversity to the banking holiday calendar. Please note that banks in India are also closed on second and fourth Saturdays of each month, along with Sundays, as part of the regular weekly holidays.

Please note that banking holiday schedules may be subject to changes or additions. It is always advisable to cross-check with official announcements and notifications from the Reserve Bank of India and your respective state governments for any updates or revisions to the holiday calendar. In order to help you plan ahead, we provide a comprehensive list of banking holidays in India for the year. This list covers holidays in all states and union territories, ensuring you have the necessary information to manage your financial activities effectively. Be it for payments, online transactions, or planning your banking activities, our banking holiday guide will assist you in staying updated and organized throughout the year.

Holidays in March 2024

India features a variety of bank types, including commercial banks, cooperative banks, regional rural banks (RRB), small finance banks (SMB), local area banks (LAB), and the Central Bank of India, often known as the Reserve Bank of India, or RBI.

The RBI sets the national and government holidays that all of these banks observe. In addition, the state in which their branches are located determines which holidays are regional. In addition, on the second and fourth Saturdays of each month, banks are closed.

Here is the list of all the major bank holidays in India in 2024. For a more detailed regional-specific bank holiday list, please go to the specific state holiday pages given here.