Banks to Remain Closed for 12 Days in March, Disruptions Likely

Banks will remain shut for 12 days in March due to festivals and weekly offs, potentially disrupting financial transactions during the crucial end-of-financial-year period.

Pune | 02 March, 2026: With February drawing to a close and March beginning, bank customers may face inconvenience as banks are scheduled to remain closed for as many as 12 days this month. March, being the final month of the financial year, is typically a peak period for banking transactions including tax payments, investments and account settlements. This year, several major festivals including Holi (Dhulivandan), Gudi Padwa, Ramzan Eid, Shri Ram Navami and Mahavir Jayanti fall in March. Combined with regular weekly offs and second and fourth Saturdays, these holidays will significantly reduce the number of working days.

According to the holiday calendar, banks will remain closed on March 1 (Sunday), March 3 (Holi), March 8 (Sunday), March 14 (Second Saturday), March 15 (Sunday), March 19 (Gudi Padwa), March 21 (Ramzan Eid), March 22 (Sunday), March 26 (Shri Ram Navami), March 28 (Fourth Saturday), March 29 (Sunday) and March 31 (Mahavir Jayanti).The cluster of holidays may delay cheque clearances and slow down processes such as opening new accounts, loan approvals and other over-the-counter services. Traders and businesses, especially those rushing to complete year-end financial transactions, could face temporary hurdles.

Officials, however, clarified that while physical branches will remain closed on designated holidays, digital banking services including net banking, mobile banking and UPI transactions will continue uninterrupted. Customers are advised to plan their essential banking work in advance to avoid last-minute difficulties

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