Upcoming Bank Holiday Alert: Banks to Remain Closed for Two Days – Plan Your Transactions in Advance!
If you have any urgent banking work, make sure to complete it soon! Banks across several states will remain closed for two consecutive days due to scheduled holidays. Stay informed and plan your financial transactions accordingly.
Why Are Banks Closing?
With the financial year drawing to an end, banking operations see a surge in activity as businesses, taxpayers, and individuals rush to settle their accounts, make investments, and file tax returns. However, as per the Reserve Bank of India (RBI) holiday schedule, banks will be closed on certain days, affecting routine services.
Bank Closure Schedule
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Sunday, March 30, 2025: As per standard rules, banks remain closed on Sundays nationwide.
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Monday, March 31, 2025: Banks will be closed in most states due to Eid-ul-Fitr (Ramzan Eid) and Khutub-e-Ramadan. However, banks in Shimla (Himachal Pradesh) and Aizawl (Mizoram) will remain open.
Banking Rules & Weekend Closures
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According to RBI guidelines, banks follow a five-day working week, meaning they remain closed on the second and fourth Saturdays of each month.
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Banks are operational on the first and third Saturdays, unless a holiday is declared as per the RBI holiday list.
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Every Sunday is a bank holiday across India.
Upcoming Bank Holidays in March 2025
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March 27 (Thursday): Shab-e-Qadr – Banks will remain closed in Jammu and Srinagar.
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March 28 (Friday): Jumu’atul-Wida (Last Friday of Ramadan) – Banks will be shut in Jammu and Srinagar.
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March 31 (Monday): Eid-ul-Fitr (Ramzan Eid) – Banks will remain closed nationwide, except in Himachal Pradesh and Mizoram.
Exception for Government Transactions
As per RBI’s directive, all banks and agency banks that handle government transactions will remain open on March 31, 2025, even though it is a public holiday in many states. This ensures that financial operations related to tax payments and official transactions are not disrupted.
Plan Your Banking Activities Wisely!
With these upcoming bank holidays, it is advisable for individuals and businesses to complete their banking transactions in advance. Whether it's depositing checks, withdrawing cash, or making investments, ensure all essential banking tasks are completed before the scheduled closures to avoid inconvenience. Stay updated and plan accordingly!
