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Banks to Remain Closed For 7 Days From March 27 to April 4, Here's Why

File pic

File pic

From March 27-29 banks will remain closed due to second Saturday and Holi.

People who are planning to visit banks in the next week will either have to prepone or postpone it as banks across the country will remain closed due to holidays and the end of the financial year from March 27 to April 4. According to the bank calendar released by the Reserve Bank of India (RBI), the coming weeks of March and April will witness over seven days of holidays. From March 27-29 banks will remain closed due to the second Saturday and Holi.

People with pending work related to the banks also need to note that there will be only two days when the banks will continue their services between March 27 and April 4 that is on March 30 and April 3. However, in Patna, banking services will remain closed even on March 30. On March 31, the banking services will remain shut as it will be the last day of the financial year (FY21). While on April, the banks will be shut to close their yearly accounts.

April 2 will be a holiday on account of Good Friday while the services will be affected on April 4, as it is a Sunday.

Here is the list of holidays you need to note before scheduling any bank-related work:

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March 27: It will be the last Saturday of the month

March 28: Sunday

March 29: Banking services will be shut due to Holi

March 30: Bank will remain closed in Patna Branch however other branches will be operational.

March 31: Holiday as it is the end of the Financial Year

April 1: Bank will be shut to close yearly accounts

April 2: Good Friday

April 3: Saturday (Working Day)

April 4: Sunday

Because of the holidays, bank customers will not be able to withdraw and deposit money at the bank branches. However, customers can note that ATMs, mobile banking, and online banking services will be available during these days.

first published:March 25, 2021, 08:31 IST