Banks to Remain Shut for Two Days – Here’s What You Need to Know
Banks to Remain Shut for Two Days – Here’s What You Need to Know
As the business year wraps up, banks across India are bustling with activity. People are rushing to file their taxes, invest their money, and finalize business deals. Many prefer to visit the bank on Saturdays to avoid the weekday crowds. However, banks will be closed for the next two days due to holidays.
Sunday, March 30, is a regular bank holiday. Monday, March 31, is a holiday in observance of Ramadan Eid (Id-Ul-Fitr) (Shawal-1) / Khutub-e-Ramadan, a religious festival.
While most banks will be closed on Monday, there are two exceptions: banks in Shimla and Aizawl will remain open.
The usual banking schedule in India dictates that banks are open on the first and third Saturdays of the month unless otherwise specified by the Reserve Bank of India (RBI). They are closed on the second and fourth Saturdays. And, of course, banks are closed every Sunday, regardless of the state.
Bank Holidays in March 2025
March 27 (Thursday) – Shab-e-Qadr: Banks will be closed in Jammu and Srinagar.
March 28 (Friday) – Juma-tul-Vida: Banks will be closed in Jammu and Srinagar.
March 31 (Monday) – Ramzan Eid (Eid-ul-Fitr): Banks will be closed in most states, except for Himachal Pradesh and Mizoram.
According to the RBI’s instructions, all banks and agency banks involved in government transactions will remain open on March 31, 2025, despite the holiday in many states. Citizens and investors are advised to plan their banking activities around these holidays.
