Mahashivratri 2024 Bank Holiday: Banks Will Be Closed In These States

Mahashivratri 2024: In India, banks observe closures on public holidays, with some also shutting down for state-specific occasions. While national holidays like Republic Day, Independence Day, and Gandhi Jayanti lead to nationwide bank closures, festivals such as Mahashivratri prompt state-centric holidays.

March 8, 2024, marks Mahashivratri, followed by Holi on March 25, and Good Friday on March 29, all recognized as national holidays. States like Bihar also observe specific holidays such as Bihar Diwas on March 22, and Yaosang's second day/Holi on March 26 and 27.

Routine bank closures include the second Saturday (March 9), the fourth Saturday (March 23), and Sundays throughout March. However, despite these closures, online banking services remain operational nationwide. While regular bank branches close on these dates, online services and ATMs continue to function smoothly.

Holidays in March 2024

For March 2024, bank holidays include Chapchar Kut, Sivarathri, Bihar Divas, Holi (Second Day) - Dhuleti/Dol Jatra/Dhulandi, Yaosang 2nd Day/Holi, Holi, and Good Friday.

Mahashivratri 2024 bank holiday:

On Mahashivratri, observed on March 8, banks close, followed by the second Saturday and Sunday.

Shivratri sees bank closures in various states, including Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Orissa, Chandigarh, Uttarakhand, Andhra Pradesh, Telangana, Jammu and Kashmir, Kerala, Uttar Pradesh, Chhattisgarh, Jharkhand, and Himachal Pradesh.

Bank Holidays in India 2024

Knowing when banks are closed can be useful for planning your visits and financial tasks. Here's a handy list of bank holidays in India for 2024 to help you organise your banking activities.

India has various types of banks, including the Central Bank (Reserve Bank of India or RBI), commercial banks, cooperative banks, Regional Rural Banks (RRB), Small Finance Banks (SMB), Local Area Banks (LAB), and more.

While all banks follow the RBI's national holiday schedule, they also observe regional holidays based on the state where their branches are located. Additionally, banks remain closed on the second and fourth Saturdays of each month.

All about Mahashivratri

Mahashivratri, a significant Hindu festival, celebrates the marriage of Lord Shiva and Goddess Parvati. Observed with fervor and devotion across India, it falls on the Chaturdashi Tithi of Krishna Paksha within the month of Phalguna. Devotees fast, visit temples, and offer prayers to Lord Shiva, seeking his blessings for prosperity and happiness. Traditional rituals include bathing the Shiva Lingam with milk, honey, and water, and offering Bilva leaves, fruits, and sweets. Mahashivratri symbolizes the victory of light over darkness and is a time for spiritual reflection and renewal for millions of worshippers worldwide.

Bank Holidays in March 2024

Banks in Mizoram will be closed on Wednesday, March 1st for Chapchar Kut celebrations.

2. March 3, Sunday - Weekend Bank Holiday

All banks across the country will be closed for their usual Sunday off on March 3, 2024.

3. March 8, Friday - Mahashivratri (Maha vad-13)/Sivarathri

Banks nationwide will be closed, except in some states like Tripura, Mizoram, Tamil Nadu, and others.

4. March 9, Saturday - Second Saturday of the month

All banks in the country will be closed on the second Saturday of the month, March 9, 2024.

5. March 10, Sunday - Weekend Bank Holiday

Once again, all banks will be closed for their regular Sunday off on March 10, 2024.

6. March 17, Sunday - Weekend Bank Holiday

Similarly, banks will be closed for their usual Sunday off on March 17, 2024.

7. March 22, Friday - Bihar Divas

Banks will be closed in Bihar to observe Bihar Divas.

8. March 23, Saturday - Fourth Saturday of the month

All banks nationwide will be closed on the fourth Saturday of the month, March 23, 2024.

9. March 24, Sunday - Weekend Bank Holiday

As usual, banks will remain closed for their Sunday off on March 24, 2024.

10. March 25, Monday - Holi (Second Day) - Dhuleti/Dol Jatra/Dhulandi

Banks will be closed for Holi celebrations, except in certain states like Karnataka and Odisha.

11. March 26, Tuesday - Yaosang 2nd Day/Holi

Banks will be closed in Odisha, Manipur, and Bihar for Yaosang 2nd Day/Holi.

12. March 27, Wednesday - Holi

Banks in Bihar will remain closed on March 27 for Holi celebrations.

13. March 29, Friday - Good Friday

Banks will be closed nationwide, except in some states like Tripura and Assam, to observe Good Friday.

14. March 31, Sunday - Weekend Bank Holiday

Finally, all banks will be closed for their regular Sunday off on March 31, 2024.

As per RBI rules, holidays fall under three categories: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks' Closing of Accounts.