By: ABP News Bureau | Updated at : 06 Mar 2023 11:41 AM (IST)
ATMs, online banking, and mobile banking services will continue to function during bank holidays ( Image Source : Getty )
With people soaked in the festive spirit, It is important for bank customers to note that some states will observe bank holidays on Holi for up to two days. Bank holidays vary from state to state depending on the regional festivities as well. Banks in some states will remain closed for two-day consecutive holidays on account of the Holi celebration.
The list of bank holidays is released by the Reserve Bank of India (RBI) on its official website. Banks remain open on the first and third Saturdays of each month while it is shut on the second and fourth Saturdays.
List Of Bank Holidays To Watch This Week
March 7 (Tuesday): Holi/Holi/Holika Dahan/Dhulandi/Dol Jatra - Banks are closed in Maharashtra, Assam, Rajasthan, Srinagar, Goa, Uttarakhand, Uttar Pradesh, Jammu, Srinagar, Telangana, and Jharkhand.
ALSO READ: EPFO Board To Meet On March End, Rate Expected To Be Around 8% For 2022-23: Report
March 8 (Wednesday): Holi/Holi second day - Dhuleti/Yaosang second day: Banks are closed in Tripura, Gujarat, Mizoram, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Sikkim, Rajasthan, Jammu, Uttar Pradesh, Bengal, Uttar Pradesh, New Delhi, Bihar, Chhattisgarh, Meghalaya, Himachal Pradesh.
March 9: (Thursday): Holi - Banks are closed in Bihar.
March 11: Second Saturday bank holiday.
Going by the RBI holiday calendar, Uttarakhand, Uttar Pradesh and Jharkhand will have consecutive bank holidays on March 7, and 8 on the occasion of the Holi festival. While Banks in Bihar will be closed for two consecutive days on March 8, and 9.
Banks To Remain Closed In March Other Than Holi On These Days
March 22: Banks will be closed on account of Gudi Padwa/Ugadi Festival/Bihar Divas/Sajibu Nongmapanba (Cheiraoba)/Telugu New Year's Day/1st Navratra in Maharashtra, Karnataka, Tamil Nadu, Telangana, Manipur, Jammu, Goa, Bihar, and Srinagar.
On March 30 banks will be closed on the occasion of the Shree Ram Navami (Chaite Dashain) festivals in Gujarat, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Sikkim, Telangana, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, and Shimla.
Even though banks will remain shut in the following days but individuals will not face any problems related to bank work as ATMs, cash deposits, online banking, and mobile banking services will continue to function.
Business News Highlights: Sensex Rises 599 Points; Nifty Settles Near 22,150
Sugar Addition In Baby Food To Maggi Ban: Nestlé Controversies Over The Years
BSE Warns Investors Against Deepfake Videos Involving CEO Recommending Stocks
New EPFO Rule: PF Holders Can Now Withdraw Up To Rs 1 Lakh For Medical Emergencies
Risks To Riches: Top 10 Penny Stocks In India To Check Out In 2024
‘Elon Musk Read Writing On The Wall’: Congress Mocks 'Outgoing PM' Modi As Tesla CEO Postpones India Visit
MCD Election: Amid Kejriwal Crisis, AAP Gets Congress Backing In Delhi Mayor Polls
'Not Even A Single Seat More Than 150': Rahul Gandhi Predicts BJP's Defeat, Says 'Will End Agniveer, GST...'
Doordarshan's New Saffron Logo Sparks Row, Former Prasar Bharati CEO Says 'It Hurts To See...'