Private and public banks in India will be closed for a total of 14 days in March, aligning with the Reserve Bank of India’s holiday schedule. This month, banks will observe an additional eight days of closure, including the usual weekend breaks on the second and fourth Saturdays along with Sundays, bringing the total count of holidays to 14. It’s worth noting that holiday observance varies across the country, with some days being designated as public holidays nationwide while others are specific to certain regions.
Bank Holidays in March 2024 full list
Bank Holidays on Holi 2024
The bank holidays are classified into three main categories according to the RBI:
1. Holidays under the Negotiable Instruments Act
2. Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement holidays
3. Bank’s closing of accounts.