Bank Holiday: There is no holiday on Monday in only two places in the entire country, one of them is Shimla and the other is Mizoram’s capital Aizawl.
Bank Holiday: As the business year comes to an end, banking activity increases for taxpayers, businesses and common citizens. People often turn to banks to file taxes, make investments and settle business transactions.
Many people prefer to go to the bank on Saturdays instead of being busy on weekdays. However, according to the banking schedule of the Reserve Bank of India (RBI), the bank will remain closed for the next two days.
Why closed banks?
According to the RBI holiday chart, banks in the country will remain closed on Sunday on March 30. On the other hand, there will be a holiday on Monday, March 31. On Monday, banks will remain closed due to Ramadan Eid (Id-Ul-Fitr) (Shawal-1) / Khutub-e-Ramadan.
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Only two places in the entire country are not closed on Monday, one of them is Shimla and the other is Aizawl, the capital of Mizoram. According to the current rules, banks in India are open on the first and third Saturdays of every month, unless otherwise given in the RBI holiday list. Banks are closed on the second and fourth Saturdays. Apart from this, banks are closed every Sunday, irrespective of the state.
Upcoming Bank Holidays in March 2025
March 27 (Thursday) – Shab-e-Qadr: Banks will remain closed in Jammu and Srinagar.
March 28 (Friday) – Juma-tul-Vida: Banks will remain closed in Jammu and Srinagar.
March 31 (Monday) – Ramzan Eid (Eid-ul-Fitr): Banks will remain closed in most states, except Himachal Pradesh and Mizoram.
As per RBI’s directive, all banks and agency banks handling government transactions will remain open on 31 March 2025, even though it is a holiday in many states. Investors and common citizens are advised to schedule their banking plans according to these holidays.
