Bank Holidays March 2021: Banks in India work as per RBI Calendar. Banks will remain closed for 11 days in the month of March, 2021. The banks will stay closed for five days — March 5, March 11, March 22, March 29 and March 30. Apart from this, they will also stay closed on four Sundays and two Saturdays.
However, not all states observe bank holidays, and it largely depends on the state or region. Therefore, national holidays are applicable to all the states in India but regional holidays are applicable only to specific states. It is recommended that bank account holders schedule their transactions accordingly.
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Bank Holidays March 2021
March 5, 2021: Holiday in Mizoram to celebrate Chapcher Kut and Panchayati Raj Diwas in Odisha
March 7, 2021: Sunday
March 11, 2021: Mahashivratri
March 13, 2021: Second Saturday
March 14, 2021: Sunday
March 21, 2021: Sunday
March 22, 2021: Bihar Day
March 27, 2021: Fourth Saturday
March 28, 2021: Sunday
March 29, 2021: Dhuleti/Yaosang second day
March 30, 2021: Holi
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Many bank unions have appealed for a strike in protest against the government’s privatization plan, which is likely to have an effect on financial services. The two-day long strike will be observed on the 15th and 16th of March 2021. On March 10, bank unions are organizing a march to Delhi’s Parliament.
“If the government proceeds further, we will intensify the agitation and go for prolonged strikes and indefinite strike. We demand the government to reconsider their decision,” All India Bank Employees’ Association (AIBEA) has said. Therefore, during this protest, banks may remain closed. However, the updates will be announced later. Also, banks may be closed in case of any regional holidays of some states.
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