Banks across several states in India will remain closed for up to four days this week due to national and regional holidays, as per the Reserve Bank of India’s (RBI) official holiday calendar. Customers are advised to check the holiday schedule and plan their banking activities accordingly.
Bank Holiday Classifications
The RBI categorizes bank holidays under three main brackets:
Negotiable Instruments Act Holidays
Real-Time Gross Settlement (RTGS) Holidays
Bank Closing of Accounts
Under the Negotiable Instruments Act, transactions involving cheques, promissory notes, and other negotiable instruments will not be processed on designated holidays.
Bank Holidays in March 2025: Full Schedule
Banks in certain states will experience a prolonged closure due to regional festivals and scheduled holidays. Here is the complete list of bank holidays for this week:
March 27, Thursday – Shab-I-Qadr (Jammu & Kashmir)
March 28, Friday – Jumat-ul-Vida (Jammu & Kashmir)
March 30, Sunday – Weekly holiday (nationwide)
March 31, Monday – Ramzan Eid (Id-Ul-Fitr) (most states, except Mizoram and Himachal Pradesh)
Note: March 29 (Saturday) is a working day for banks, as it falls on the fifth Saturday of the month. Typically, banks remain closed on the second and fourth Saturdays.
Long Weekend in Jammu & Kashmir
Residents of Jammu & Kashmir will have a four-day extended weekend due to consecutive holidays. Banks in the region will remain closed from March 27 (Thursday) to March 31 (Monday), except for Saturday, March 29, when normal operations will resume.
Impact on Banking Services
Despite the physical bank closures, digital banking services such as ATMs, mobile banking, and internet banking will remain functional. However, customers should be aware of any scheduled maintenance or technical issues that may temporarily affect online transactions.
Advisory for Customers
Customers with pending banking transactions should verify the holiday schedule with their respective branches to avoid any inconvenience. Planning transactions in advance will help prevent delays due to the extended closures.
For further updates, visit the official RBI website or contact your local bank branch.
