Bank Holidays in March 2022: Bank to remain shut on these 7 days; online banking open

Bank Holidays in March 2022: Banks will remain closed for 7 days in the month, but with the help of online banking there will be no break in most services.

By: HT TECH
| Updated on: Feb 24 2022, 10:52 IST
Bank Holidays in March 2022
Bank Holidays in March 2022: Bank customers will be able to avail online banking services on bank holidays. (Reuters)
Bank Holidays in March 2022
Bank Holidays in March 2022: Bank customers will be able to avail online banking services on bank holidays. (Reuters)

Bank Holidays in March 2022: There are several banking activities for which people have to visit bank branches. However, before visiting your bank, know if it will be open or not. Banks will be closed on certain days due to holidays. The Reserve Bank of India (RBI) releases a list of bank holidays every year. According to the Bank Holidays in March list, banking activities will remain affected for 7 days in the month, excluding the weekends (second and fourth Saturdays and Sundays). According to the bank holidays list, you need to remember that some holidays are national, India-wide, in character and others are regional.

It can be noted that though the banks will remain closed, for the convenience of online banking will continue on holidays as well. Because of the holidays, bank customers will not be able to withdraw and deposit money at the bank branches but they can use online banking services, ATMs, mobile banking, etc. It can also be known that on certain specific days, banks will close in just a few cities.

If you have any pending or upcoming bank-related work to do or have to withdraw cash during the forthcoming week or have to visit your nearest branch, then you can check the list of bank holidays in the month of March 2022 below:

1. March 1, 2022: The banks will remain closed due to Mahashivratri (Maha Vad-14) in almost all parts of the country except for Agartala, Aizawl, Chennai, Gangtok, Guwahati, Imphal, Kolkata, New Delhi, Panaji, Patna, and Shillong.

2. March 3, 2022: The banks will remain closed on the occasion of Losar in Gangtok.

3. March 4, 2022: The banks will remain closed on the occasion of Chapchar Kut in Aizawl.

4. March 17, 2022: The banks will remain closed on the occasion of Holika Dahan in Dehradun, Kanpur, Lucknow, Ranchi.

5. March 18, 2022: The banks will remain closed on the eve of Holi/Holi 2nd Day – Dhuleti/Doljatra in almost all parts of the country except for Agartala, Bengaluru, Bhubaneswar, Chennai, Imphal, Kochi, and Thiruvananthapuram.

6. March 19, 2022: The banks will remain closed on the occasion of Holi/Yaosang 2nd Day in Bhubaneswar, Imphal, and Patna.

7. March 22, 2022: The banks will remain closed on the eve of Bihar Divas in Patna.

The banks will also remain closed on March 12, 2022 and March 26, 2022 due to second and fourth Saturdays and on March 6, 13, 20, and 27 because of Sundays, apart from the above-mentioned holidays.

The RBI grants holidays to the banks under three categories. The three categories include Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday and Banks' Closing of Accounts.

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First Published Date: 24 Feb, 10:52 IST
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