Bank Holidays in March 2024: Banks to remain closed on these 14 days. check full list here

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Bank Holidays in March 2024: Banks to remain closed on these 14 days. check full list here


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Image Source : PTI/FILE PHOTO Bank Holidays in March 2024: People in a queue in the financial institution.

As March 2024 approaches, it is time to mark your calendars as banks throughout India are gearing up to remain closed for at the very least 14 days. These closures embody a mixture of public holidays, regional observances, and common closures on second and fourth Saturdays, together with all Sundays. The scheduling of these holidays is overseen by the RBI and respective state governments.

Key dates to bear in mind

Nationwide observances

  • March 1: Chapchar Kut (Mizoram)

  • March 8: Mahashivratri (excluding sure states)

  • March 25: Holi

  • March 29: Good Friday

State-specific holidays

  • March 22: Bihar Diwas (Bihar)

  • March 26-27: Yaosang second day/Holi (Odisha, Manipur, Bihar)

Regular closures

  • Second Saturday: March 9

  • Fourth Saturday: March 23

  • All Sundays: Throughout March

Online banking entry stays obtainable

While bodily branches might be closed on these designated days, on-line banking companies will proceed to function nationwide, making certain accessibility for patrons.

Previous month recap: Bank holidays in February 2024

In February 2024, banks noticed closures for a complete of 10 days, together with common Saturdays, Sundays, and state-specific holidays. Notable events different from Losar to Chhatrapati Shivaji Maharaj Jayanti, with sure holidays distinctive to particular states or areas.

Plan forward and confirm dates

It’s important for people to plan their banking visits in advance, bearing in mind these scheduled closures. Verify particular vacation dates along with your financial institution department or their official web site to keep away from any inconvenience.

RBI’s position and communication

The RBI releases the official list of financial institution holidays, contemplating elements corresponding to nationwide and state holidays, cultural or non secular observances, operational necessities, and authorities bulletins. These holidays are categorized underneath varied sections together with the Negotiable Instruments Act and Real-Time Gross Settlement Holidays.

As the vacation season approaches, staying knowledgeable about financial institution closures ensures a seamless banking expertise for all clients throughout India.

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