The entire list of bank holidays for the month of March has been publicly disclosed by the Reserve Bank of India (RBI). Apart from the second and fourth Saturdays, there are only a few public holidays in this month, including Panchayati Raj Diwas, Holi, Bhagat Singh Martyrs Day, Sarhul Ramnavmi, etc. However, on certain days, not all public and private banks will be closed.
Bank Holidays in March 2023
March will have a total of 8 bank holidays, excluding the second and fourth Saturdays of the month and Sundays. Be careful that not all banks in every location follow these holidays. Keep reading his article for the complete list of bank holidays in March 2023.
3 March 2023: Chapchar Kut (Aizawl)
5 March 2023: Panchayati Raj Diwas (Odisha)
7 March 2023: Holika Dahan/ Dhulandi/Dol Jatra (Belapur, Dehradun, Guwahati, Hyderabad- Telangana, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, Panaji, Ranchi, Srinagar)
8 March 2023: Holi/ Dhuleti/ Yaosang (Agartala, Ahmedabad, Aizawl, Bhopal, Bhubaneshwar, Chandigarh, Dehradun, Gangtok, Imphal, Kanpur, Lucknow, New Delhi, Patna, Raipur, Ranchi, Shillong, Shimla)
11 March 2023 (Saturday): All banks in India will remain closed on the second Saturday of the month.
12 March 2023 (Sunday): All banks in India will remain closed due to the weekend.
19 March 2023 (Sunday): All banks in India will remain closed due to the weekend.
22 March 2023: Gudi Padwa/Ugadi Festival/Bihar Divas/Sajibu Nongmapanba (Cheiraoba)/Telugu New Year's Day/1st Navratra (Belapur, Bengaluru, Chennai, Hyderabad, Telangana, Imphal, Jammu, Mumbai, Nagpur, Panaji, Patna, Srinagar)
23 March 2023: Sri. Bhagat Singh Martyrdom’s/ Martyrs Day (Haryana, Ladakh)
24 March 2023: Sarhul (Jharkhand)
25 March 2023 (Saturday): All banks in India will remain closed on the fourth Saturday of the month.
26 March 2023 (Sunday): All banks in India will remain closed due to the weekend.
30 March 2023: Shri Ram Navami (Ahmedabad, Belapur, Bhopal, Bhubaneswar, Chandigarh, Gangtok, Dehradun, Telangana, Jaipur, Kanpur, Lucknow, Mumbai, Nagpur, Patna, Ranchi, Shimla)
Reserve Bank of India places its Holidays under three brackets:
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Holiday under the Negotiable Instruments Act
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Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holiday
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Banks’ Closing of Account
