- The RBI listed bank holidays are not observed uniformly across the country, and varies from state to state. Only gazetted holidays are observed by banks all over the country
Banks across India will remain closed for a total of 14 days in the coming month of April, according to the Reserve Bank of India (RBI) yearly calendar. Out of these 14 days, 8 are reserved for various festivals and the bank closing day (April 1), and rest are regular holidays (four Sundays and two Saturdays).
Banks will also remain closed from March 27-29, on account of the last Saturday and Holi. Bank branches will remain open on March 31 but regular business won't be carried out on account of it being the last financial day of the year. In Patna, banks will remain closed on March 30 as well; as per the RBI calendar, banks in Patna get a two-day Holi break.
The RBI listed bank holidays are not observed uniformly across the country, and varies from state to state. Only gazetted holidays are observed by banks all over the country. Banks across Guwahati will remain closed for three consecutive days, starting from April 14 till April 16. Banks across Patna will not be doing business for four consecutive days, starting from March 30 to April 2. Customers are advised to check the holiday dates and plan their business accordingly.
Check the dates here:
April 1: Closing of yearly accounts
April 2: Good Friday
April 4: Sunday
April 5: Babu Jagjivan Ram’s Birthday. Banks across Hyderabad will remain closed
April 10: Second Saturday
April 11: Sunday
April 13: Gudhi Padwa/Telugu New Year's Day/Ugadi Festival/Sajibu Nongmapanba (Cheiraoba)/1st Navratra/Baisakhi
April 14: Dr. Babasaheb Ambedkar Jayanti/Tamil New Year's Day/Vishu/Biju Festival/Cheiraoba/Bohag Bihu
April 15: Himachal Day/Bengali New Year’s Day/Bohag Bihu/Sarhul
April 16: Bohag Bihu. Banks across Guwahati, Assam, will remain closed on this day
April 18: Sunday
April 21: Shree Ram Navmi (Chaite Dashain)/Garia Puja
April 24: Fourth Saturday
April 25: Sunday
Remember that bank holidays are not observed by some states and hence may vary as per a specific region or state. According to the RBI calendar, other than four Sundays and two Saturdays, banks will remain closed on gazetted holidays all over the country. As per the central bank's Holiday Calendar for March 2021, banks across different states will be closed for work on March 22, 29 and 30.
During the region-specific holidays, banks of that particular region will remain closed while banks on other regions will remain operational. Though all regular operations will remain closed during these holidays, mobile and internet banking will remain functional on most days. Also, not necessarily ATM machines might disburse cash. So, to avoid such a situation one must keep some cash in case of an emergency.