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Bank Holiday Alert: Banks to Remain Shut For 13 Days in March. Check Full List Here

The banks will remain shut on March 1 in most cities due to Mahashivaratri.

Updated: February 27, 2022 12:39 AM IST

By Business Desk | Edited by Manmath Nayak

Bank Holidays
At the beginning of every year, the Reserve Bank of India (RBI) lays out a plan according to which banks get their yearly leaves.

Bank Holidays in March 2022: As per the holiday calendar shared by the RBI, the banks will remain closed for 13 days in March 2022. Apart from the national holidays, there are some state-wise holidays which consist of all Sundays along with the second and fourth Saturdays. The bank customers need to have a look at the bank holiday list before visiting branches for any banking activities.

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The banks will remain shut on March 1 in most cities due to Mahashivaratri except Agartala, Aizawl, Chennai, Gangtok, Guwahati, Imphal. Kolkata, New Delhi, Panaji, Patna, and Shillong. The banks will also remain shut on 3rd March in Gangtok as the city will observe a holiday on account of Losar. The banks in Aizawl will remain closed on 4th March on account of Chapchar Kut. For Holika Dahan day on 17th March, the banks will remain shut in Dehradun, Kanpur, Lucknow, and Ranchi. Likewise, the banks will remain shut on 19th March in Bhubaneswar, Imphal, and Patna to observe Holi/Yaosang 2nd Day.

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According to RBI rules, there are three categorized holidays and they are as follows:

  • Holiday under Negotiable Instruments Act
  • Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday
  • Banks Closing of Accounts

Full list of bank holidays in March 2022:

  • March 01, 2022: Mahashivaratri
  • March 03, 2022: Losar
  • March 04, 2022: Chapchar Kut
  • March 17, 2022: Holika Dahan
  • March 18, 2022: Holi/Holi 2nd Day Dhuleti/Doljatra
  • March 19, 2022: Holi/Yaosang 2nd Day
  • March 22, 2022: Bihar Divas

List of Saturdays and Sundays as holidays:

  • Sunday: March 6, 2022
  • Second Saturday: March 12, 2022
  • Sunday: March 13, 2022
  • Sunday: March 20, 2022
  • Fourth Saturday: March 26, 2022
  • Sunday: March 27, 2022

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Published Date: February 27, 2022 12:31 AM IST

Updated Date: February 27, 2022 12:39 AM IST