If you have any important bank-related work to complete this week, we recommend that you do it immediately, keeping in mind that banks will be closed for 4 days in a row this week.
All commercial and public banks will be closed for four days during the week of March 20, 2022. According to Reserve Bank of India (RBI) guidelines, all public, commercial, foreign, cooperative, and regional banks in India must remain closed on the specified days. RBI announced holidays for lenders under these categories - the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
Bank holidays are different for each state, but there are some days when banks are shut across India, including Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day (December 25).
Here is when banks will be closed this week:
March 17, 2022 - Holika Dahan (Banks will be shut in Dehradun, Kanpur, Lucknow, Ranchi)
March 18, 2022 - Dhuleti/Doljatra or Holi/Holi 2nd day (Banks will be closed in Ahmedabad, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Gangtok, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar)
March 19, 2022 - Holi/Yaosang 2nd day (Banks will be shut in Bhubaneswar, Imphal, Patna)
March 20, 2022 - Sunday (Bank Holiday)
It is important to note that various financial deadlines are also coming to an end by the end of March; therefore, if you have any bank-related work to complete, it is better to do it ahead of time, keeping in mind the bank holidays.
Note: ATMs and online banking services will not be affected by the bank holidays.
