• Important dates of bank holidays in March 2022

    Lifestyle
    Important dates of bank holidays in March 2022
    Digital Desk: Before visiting your bank branch in March 2022, you should be aware of the important dates on which various bank branches in the country will be closed. The Reserve Bank of India (RBI) has specified specific days in March 2022 when there would be bank holidays and banking operations would be suspended, however internet banking operations will continue to operate.

    Banks will be closed for a total of 13 days in March, according to the Reserve Bank of India (RBI) holiday calendar schedule, with the remaining days being weekends.

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    It should be noted, however, that banks will NOT be closed for 13 days in all states or areas. This is the total number of days that banks across the country will be closed for state-observed holidays. Bank branches, for example, may be closed for Bihar Divas in Bihar but NOT for the same celebration in Assam.

    Here is a comprehensive list of bank holidays in the month of March 2022. Take a look at the list of important dates.

    Holiday Description Day

    • Mahashivratri (Maha Vad-14): March 1

    • Losar: March 3

    • Chapchar Kut: March 4

    • Holika Dahan: March 17

    • Holi/Holi 2nd Day – Dhuleti/Doljatra: March 18

    • Holi/Yaosang 2nd Day: March 19

    • Bihar Divas: March 22


    Other than the above RBI mentioned holidays, banks will be closed on the following weekends

    • Sunday: March 6

    • Second Saturday: March 12

    • Sunday: March 13

    • Sunday: March 20

    • Fourth Saturday: March 26

    • Sunday: March 27


    Reserve Bank of India places its Holidays under three brackets --Holiday under the Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it should be noted that bank holidays vary by state and are not honoured by all financial institutions. Banking holidays are also affected by festivals observed in individual states or notice of special events in such states.

     

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