Bank holiday on Holi: Banks to remain closed in these states on March 7, 8 - check full list

Bank holidays differ depending on the state. In few states or cities, banks will remain closed on March 9 as well. In total, banks will remain closed for as many as 12 days in the month of March. Other than Holi, there are five more holidays left in March for banks.

In total, banks will remain closed for as many as 12 days in the month of March. Source: Reuters

Bank Holiday on Holi: Private and public sector banks are closed on March 7 and 8 on account of Holi in some states, according to the Reserve Bank of India’s (RBI) bank holiday list. Notably, bank holidays differ depending on the state. In few states or cities, banks will remain closed on March 9 as well. In total, banks will remain closed for as many as 12 days in the month of March.

Let's take a look at city-wise holidays list on these three days on the occasion of Holi/Holika Dahan/ Dhulandi/ Dol Jatra, Dhuleti/ Yaosang.
March 7: Belapur, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, Panaji, Ranchi, Thiruvananthapuram and Srinagar.

March 8: Agartala, Ahmedabad, Aizawl, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Gangtok, Kanpur, Imphal, Lucknow, New Delhi, Patna, Raipur, Ranchi, Shillong, Shimla,

March 9: Patna

There are two categories of bank holidays: national holidays and government holidays. Three national holidays are observed in India: 1) Republic Day; 2) Independence day and 3) Mahatma Gandhi Jayanti. Gazetted holidays are another name for national holidays. On national holidays, banks and other financial institutions are closed.

State government bank holidays and central government bank holidays are additional categories for government holidays. While bank holidays for the central government are generally celebrated throughout the nation, state government bank holidays vary among Indian states. Maharashtra observes Maharashtra Day as a bank holiday. Bank holidays are observed on both Goa Liberation Day in Goa and Haryana Day in Haryana.

Other than Holi, there are five more holidays left in March for banks. These include March 11 (Second Saturday), March 12 (Sunday), March 19 (Sunday), March 25 (Fourth Saturday) and March 26 (Sunday).

Here's a list of holidays in bank for the remaining 2023.

4 April: Mahavir Jayanti

7 April: Good Friday

14 April: Dr Ambedkar Jayanti

22 April 22: Id-ul-Fitr

1 May: May Day/ Labour Day

5 May: Buddha Purnima

29 June: Bakrid/ Eid al Adha

29 July: Muharram

15 August: Independence Day

16 August: Parsi New Year

31 August 31: Raksha Bandhan