Every year, the Reserve Bank of India (RBI) releases a list of holidays, which every bank has to adhere to. This post includes the list of bank holidays in March 2019 across India.
List of Bank Holidays in March 2019
The table below lists bank holidays in March 2019:
Date | Day | Event | States |
1st March 2019 | Friday | Chapchar Kut | Mizoram |
4th March 2019 | Monday | Mahashivratri | Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Odisha, Punjab, Haryana, Uttarakhand, Andhra Pradesh, Telangana, Jammu & Kashmir, Uttar Pradesh, Kerala, Chhatisgarh, Jharkhand, Himachal Pradesh |
20th March 2019 | Wednesday | Holika Dahan | Tamil Nadu, Uttar Pradesh, Jharkhand |
21st March 2019 | Thursday | Holi (Second Day)/Dhuleti/Birthday of Md. Hazarat Ali/Dol Jatra/Dhulandi/Holi (Jammu Province only) | Gujarat, Maharashtra, Madhya Pradesh, Punjab, Haryana, Uttarakhand, Sikkim, Assam, Nagaland, Arunachal Pradesh, Telangana, Andhra Pradesh, Rajasthan, Jammu & Kashmir, Uttar Pradesh, West Bengal, New Delhi, Goa, Bihar, Jharkhand, Meghalaya, Himachal Pradesh |
22nd March 2019 | Friday | Holi/Bihar Divas/Yaosang 2nd Day | Bihar, Odisha, Manipur |
Bank Holidays on Saturdays in March 2019
As per the guidelines of RBI, all public and private sector banks observe holiday on the 2nd and 4th Saturdays of each month. On the 1st, 3rd and 5th Saturdays, banks will be open for business. In March 2019, the banks will be closed on the 9th and 23rd Saturdays.
Date | Event | States |
9th March 2019 | 2nd Saturday | All States |
23th March 2019 | 4th Saturday | All States |
NEFT and RTGS Holidays in March 2019
National Electronic Fund Transfer (NEFT) holidays in March 2019:
NEFT Holidays | ||
Date | Day | Occasion |
9th March 2019 | Saturday | 2nd Saturday |
23th March 2019 | Saturday | 4th Saturday |
Real Time Gross Settlement (RTGS) holidays in March 2019: There are no RTGS holidays in March 2019. The payment system is available on all days when most bank branches are working including on Saturdays.
Note: NEFT and RTGS timings vary from one bank to another.
Banking Services Available on Bank Holidays in March 2019
Customers can initiate transactions even on bank holidays. The banking services that are available even on bank holidays in March 2019 are:
- Access to Net-banking and Mobile-banking services
- Immediate Payment Service (IMPS)
- ATM Services
- Unified Payments Interface (UPI)
- Cheque Drop facility at ATM/other Cheque Drop-boxes