Holi 2023 Bank Holidays: If you have planned to visit the bank in the coming week, make sure to complete your work early. This is because banks will remain closed for 3 days in some parts of the country. Holi,
Banks are closed on March 7, 2023 (Tuesday) in some states on the occasion of Holika Dahan. Banks will remain closed in Belapur, Dehradun, Guwahati, Hyderabad-Telangana, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, Panaji, Ranchi and Srinagar regions
Banks will remain closed on March 8 (Wednesday) in some cities including Agartala, Ahmedabad, Aizawl, Bhopal, Bhubaneswar, Chandigarh, Dehradun and Gangtok. Banks will remain closed on account of Holi.
Banks will remain closed in Bihar on 9 March 2022, the second day of Holi/Yaosang.
Here is the full list of bank holidays in March:
March 03 – Chapchar Kut (Aizawl, Mizoram)
05 March – Banks will remain closed on Sunday
March 07 – Holi/Holi (Second Day)/Holika Dahan/Dhulandi/Dol Jatra (Belapur, Dehradun, Guwahati, Hyderabad – Telangana, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, Panaji, Ranchi and Srinagar regions)
March 8: Bank holiday in some cities including Agartala, Ahmedabad, Aizawl, Bhopal, Bhubaneswar, Chandigarh, Dehradun and Gangtok.
March 09- Holi (Patna)
March 11 – Second Saturday
March 12 – Banks will remain closed on Sunday
March 19 – Banks will remain closed on Sunday
March 22: Bank holiday in some cities including Belapur, Bengaluru, Chennai, Hyderabad, Imphal, Mumbai, Nagpur, Panaji and Patna.
March 25 – Fourth Saturday
March 26 – Banks will remain closed on Sunday
March 30: Bank holiday in some cities including Ahmedabad, Bhopal, Bhubaneswar, Chandigarh, Patna, Lucknow, Mumbai and Nagpur.
Reserve Bank of India (RBI) has released the list of bank holidays for March 2023. There will be a total of 12 holidays including various festivals, second and fourth Saturdays and four Sundays.
To avoid any inconvenience, individuals with bank related work coming up next month should review the holiday calendar and plan their travel accordingly.
The RBI has classified these holidays into three categories, which include ‘Holidays under the Negotiable Instruments Act’, ‘Real-time gross settlement holidays’ and ‘Closure of bank accounts’.
Some of these holidays are regional, so it is advised to check whether the holiday is applicable in your region before making bank travel plans. However, online and net banking services will remain operational these days and individuals can use them in case of immediate assistance from the bank.
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