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.
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 2022Date
| Day
| Holiday Description
| Applicable to States
|
1 March 2022
| Tuesday
| Shab-I-Miraz
| Some States
|
1 March 2022
| Tuesday
| Maha Shivarathri
| Many states
|
4 March 2022
| Friday
| Chapchar Kut
| Mizoram
|
5 March 2022
| Saturday
| Panchayati Raj Diwas
| Odisha
|
6 March 2022
| Sunday
|
Weekend Holiday
| All States
|
12 March 2022
| Saturday
|
Second Saturday
| All States
|
13 March 2022
| Sunday
|
Weekend Holiday
| All States
|
17 March 2022
| Thursday
| Holi Dahan
| Many states
|
18 March 2022
| Friday
| Yaosang
| Manipur
|
18 March 2022
| Friday
| Holi
| Many states
|
18 March 2022
| Friday
| Doljatra
| Many states
|
19 March 2022
| Saturday
| Holi
| Most states excepting a few
|
20 March 2022
| Sunday
|
Weekend Holiday
| All States
|
21 March 2022
| Monday
| Nauroz
| Many states
|
22 March 2022
| Tuesday
| Bihar Day
| Bihar
|
23 March 2022
| Wednesday
| Shaheed Diwas of Bhagat Singh, Rajguru, and Sukhdev
| Haryana
|
26 March 2022
| Saturday
|
Fourth Saturday
| All States
|
27 March 2022
| Sunday
|
Weekend Holiday
| All States
|
28 March 2022
| Monday
| Bhakh Matha Karma Jayanti
| Chhattisgarh
|
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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