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Here is a list of bank holidays in March 2022

Mar 1, 2022, 09:31 IST
Business Insider India
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Modern economy rests on a robust financial system and hence banks perform some crucially important functions for the society. Banks lend money, process the payments for goods and services safely and swiftly at low cost. Investors of all sizes and expectations can use the various investment schemes of banks to safeguard and grow their money besides getting some attractive returns on their investments.
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Individuals, businesses and enterprises of all kinds depend on banks for several functions and processes. Therefore, the importance of banks in our life, economy and society cannot be overstated. Keeping track of bank holidays can help play our financials and other banking functions without resulting in any uninterrupted delays, breaks or interruptions. Here is the list of bank holidays in India for the month of March 2022.

Reserve Bank of India is the authoritative head that designs the various policies with regard to banks and also oversees their implementation. Bank holidays in India follow the guidelines issued by the Reserve Bank of India and hence we can expect a uniform system of holidays across the nation.

The public holidays in India applicable to banks are of two kinds namely regional and national. While regional holidays commonly apply to banks in all states of India, regional holidays are meant for the banks of a given state as per the local customs, events and requirements. While Sundays are the default weekend holidays, banks do not function on the second and fourth Saturdays of all months. To confirm the bank holidays in a given state, it is necessary to consult the state holiday gazette.

Bank holidays in March 2022

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DateDayHoliday DescriptionApplicable to States
1 March 2022TuesdayShab-I-MirazSome States
1 March 2022TuesdayMaha ShivarathriMany states
4 March 2022FridayChapchar KutMizoram
5 March 2022SaturdayPanchayati Raj DiwasOdisha
6 March 2022SundayWeekend HolidayAll States
12 March 2022SaturdaySecond SaturdayAll States
13 March 2022SundayWeekend HolidayAll States
17 March 2022ThursdayHoli DahanMany states
18 March 2022FridayYaosangManipur
18 March 2022FridayHoliMany states
18 March 2022FridayDoljatraMany states
19 March 2022SaturdayHoliMost states excepting a few
20 March 2022SundayWeekend HolidayAll States
21 March 2022MondayNaurozMany states
22 March 2022TuesdayBihar DayBihar
23 March 2022WednesdayShaheed Diwas of Bhagat Singh, Rajguru, and SukhdevHaryana
26 March 2022SaturdayFourth SaturdayAll States
27 March 2022SundayWeekend HolidayAll States
28 March 2022MondayBhakh Matha Karma JayantiChhattisgarh

Though you cannot physically visit the banks on these holidays for any banking processes, the ATMs and online banking functions will work 24X7 on all days.

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