With the festive season of Holi approaching next week and the financial year ending on March 31st, it’s imperative to complete all pending financial tasks this week.
Failure to do so may result in inconveniences, as banks are set to remain closed for an extended period during the Holi festivities.
Holi Bank Holidays: Closure Details
From March 22nd to March 27th, banks will be closed for six consecutive days due to various reasons:
March 22, 2024: Banks closed in Patna for Bihar Day.
March 23, 2024: Closure due to the fourth Saturday.
March 24, 2024: Regular Sunday closure.
March 25, 2024: Holi holiday in most cities across the country, excluding select locations.
March 26, 2024: Banks closed in Bhopal, Imphal, and Patna due to Holi or Yaosang Day.
March 27, 2024: Banks closed in Patna for Holi.
Impact on Banking Operations
As per the Reserve Bank’s calendar, banks in several major cities will observe closure during this period, affecting banking operations in these regions.
Upcoming Long Weekend
In addition to the Holi holidays, there’s a long weekend ahead:
March 29, 2024 (Friday): Good Friday observed nationwide except in Tripura, Assam, Rajasthan, Jammu-Kashmir, and Himachal Pradesh.
March 30, 2024: Closure due to the fourth Saturday.
March 31, 2024: Regular Sunday closure.
Action Required
Given the consecutive holidays and impending long weekend, it’s essential to complete all essential financial tasks, including transactions, payments, and paperwork, before the upcoming bank closures.
Plan Accordingly
To avoid any inconvenience or delays, plan your financial activities accordingly and ensure all necessary tasks are completed before the start of the Holi bank holidays.
Stay informed and plan ahead to manage your finances efficiently during this festive season.
