Banks are closed in Maharashtra, Karnataka, Tamil Nadu, Telangana, Manipur, Jammu, Goa, Bihar and Srinagar.
Also read: Bank holidays in March 2023: Banks will be closed for 12 days across states in March; Get the full state-wise bank holiday list
Ugadi/ Gudi Padwa
The Gudi Padwa or Ugadi festival celebrates the start of the new year as well as the start of the spring season in South India. According to the Hindu calendar, the celebration takes place every year on the first day of the Chaitra month.
Other holidays in March
Other than national holidays, bank holidays differ depending on the state. The holiday list is provided by the Reserve Bank of India. Banks are also closed on Sundays, and on second and fourth Saturdays.On the occasion of Shree Ram Navami (Chaite Dashain) on March 30(Thursday), banks are closed in Gujarat, Maharashtra, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Sikkim, Telangana, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, and Shimla.
Reserve Bank of India places its Holidays under three brackets;
- Holiday under Negotiable Instruments Act
- Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
- Banks’ Closing of Account.
Bank holidays in March 2023
|Hyderabad – Andhra Pradesh|
|Hyderabad – Telangana||•||•||•|
|Holi/Holi (Second Day)/Holika Dahan/Dhulandi/Dol Jatra/Attukal Pongala||7|
|Holi/Holi 2nd Day – Dhuleti/Yaosang 2nd Day||8|
|Gudi Padwa/Ugadi Festival/Bihar Divas/Sajibu Nongmapanba (Cheiraoba)/Telugu New Year’s Day/1st Navratra||22|
|Shree Ram Navami (Chaite Dashain)||30|