Come April 1 and a new Financial Year will bring loads of work and also hopes of many holidays.
For those who still rely on physical visits to banks, we take a look at days on which bank branches will remain off-limits to the general public during April 2022.
There are 9 bank holidays, region-specific and national, during in April this year.
There are at least 2 long weekends during the month starting April 1, which is the Yearly Closing of Bank Account, on which most if not all branches, will remain closed during the day.
April 1 falls on a Friday which effectively means banks will be closed for the first three days in April.
April 2 will be marked as Gudi Padwa in Maharashtra, Ugadi Festival in Karnataka, Telangana, and Andhra Pradesh.
The day will be celebrated as 1st Navratra, Telugu New Year’s Day, and Sajibu Nongmapanba (Cheiraoba) depending on which state you are in.
State-owned lenders in Belapur, Bengaluru, Chennai, Hyderabad, Imphal, Jammu, Mumbai, Nagpur, Panaji, and Srinagar will remain closed on April 1, as per RBI’s calendar of holidays 2022.
April 2 is the first Saturday of the month.
The holiday-truncated second week of the month will be marked by bank holidays on April 14 and 15 which are followed by the weekend.
April 14 will be marked as Dr Babasaheb Ambedkar Jayanti/Mahavir Jayanti/Baisakhi/Vaisakhi/Tamil New Year’s Day/Cheiraoba/Biju Festival/Bohag Bihu in different regions while April 15 will be off on account of Good Friday/Bengali New Year’s Day (Nababarsha)/Himachal Day/Vishu/Bohag Bihu.
It is to be noted, however, except for a few days, a majority of these holidays are only applicable to a handful of cities and states at a time.
As per RBI guidelines, the public sector, private sector, foreign banks, cooperative banks, and regional banks across the country will stay shut on the mentioned dates.
The RBI list of holidays is divided into three categories: state-specific festivities, religious holidays, and festival celebrations.
RBI notified holidays for lenders under these categories—the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.