Banks across multiple cities in India are observing four scheduled holidays this week. As per the official holiday list released by the Reserve Bank of India (RBI), banking operations will remain shut on Thursday, March 19, in Maharashtra, Karnataka, Tamil Nadu, Telangana, Manipur, Jammu and Kashmir, Goa and Andhra Pradesh. This is due to the celebrations of Gudi Padwa, Ugadi, Telugu New Year's Day, Cheiraoba as well as the first day of Navratri.
Under RBI's regulations, both scheduled and non-scheduled banks in India observe holidays on the second and fourth Saturdays of every month. However, bank branches Branches remain open on the first and third Saturdays along with the fifth Saturday when the calendar includes one.
ALSO READ: Stock Market Holiday: Are NSE, BSE Closed On March 19 For Gudi Padwa, Ugadi?
Banks to Remain Closed In These States On March 19
On Thursday, banks will remain shut in states like Maharashtra, Karnataka, Tamil Nadu, Telangana, Manipur, Jammu and Kashmir, Goa and Andhra Pradesh. Apart from these regions, bank branches will continue to operate as usual in other cities.
The holiday in these states is due to the celebrations of Gudi Padwa, Ugadi, Telugu New Year's Day, Cheiraoba and the first day of Navratri.
The bank holidays are announced by the RBI in line with the Negotiable Instruments Act, 1881. Along with the nationwide closures, banking institutions mark holidays under the Negotiable Instruments Act, which includes account-closing days and Real-Time Gross Settlement (RTGS) operations.
Further, the annual holidays list issued by the central bank includes different regional events and local festivals observed by states that lead to the closure of banks in specific regions only.
While bank branches remain shut for official holidays, customers can still continue to carry out essential transactions via digital platforms like internet banking, mobile applications and ATMs for cash withdrawals.
They can further avail services through online banking platforms that enable account holders to complete several financial activities, such as sending money through UPI, NEFT and RTGS to opening fixed deposits, checking balances and making day-to-day payments.
This means that essential banking services continue to remain accessible despite branch closures.
Remaining Bank Holidays In March 2026
March 20: Jammu and Kashmir, Kerala, and Andhra Pradesh - Eid-ul-Fitr (Ramzan) and Jumat-ul-Vida
Mar. 21: All over India, except for Kerala, Himachal Pradesh and Andhra Pradesh due to Khutub-E-Ramzan. Banks will be closed in Jharkhand to mark Sarhul as well
March 26: Gujarat, Mizoram, Maharashtra, Chandigarh, Uttarakhand, Rajasthan, Uttar Pradesh, West Bengal, Jharkhand and Himachal Pradesh - Shree Ram Navami
March 27: Madhya Pradesh, Odisha, Sikkim, Telangana, Bihar, and Andhra Pradesh - Shree Ram Navami (Chaite Dasain)
March 31: Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttar Pradesh, West Bengal, Delhi, Bihar, Chhattisgarh, and Jharkhand - Mahavir Janmakalyanak (Mahavir Jayanti).
Also Read | Bank Holidays In 2026: RBI Releases Holiday Calendar, Check Month-Wise
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
