According to the list of holidays released by India’s central bank, the Reserve Bank India, banks will remain shut for 13 days in the coming month of March 2022.
The major festivals falling in February are Mahashivratri and Holi.
The RBI divides the holidays into national and regional categories. On holidays falling in the national category, all banks across India are closed while on holidays in the regional section, branches in some states remain closed.
As the closure of banks might affect customers who need to physically visit a branch, it is important to know the holiday dates beforehand. However, ATM and online banking services will continue to operate during this time.
Upcoming Bank Holidays in March 2022
|Mar 1||Tuesday||Maha Shivratri||Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Odisha, Punjab, Uttarakhand, Telangana, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala, Chattisgarh, Jharkhand, Himachal Pradesh|
|Mar 4||Friday||Chapchar Kut||Mizoram|
|Mar 17||Thursday||Holika Dahan||Uttarakhand, Uttar Pradesh, Jharkhand|
|Mar 18||Friday||Holi||Gujarat, Mizoram, Maharashtra, Madhya Pradesh, Punjab, Uttarakhand, Sikkim, Assam, Telangana, Rajasthan, Jammu and Kashmir, Uttar Pradesh, New Delhi, Goa, Bihar, Chattisgarh, Jharkhand, Meghalaya and Himachal Pradesh|
|Mar 19||Saturday||Holi||Odisha, Manipur, Bihar|
|Mar 22||Monday||Bihar Diwas||Bihar|
The Reserve Bank of India grants holidays to the bank under three categories that include Banks’ Closing of Accounts, Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act, and Real-Time Gross Settlement Holiday.
Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of March 2022. However, readers are advised to verify with their local branches to corroborate the same.