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Here is a list of bank holidays in the next two weeks

Along with the restriction in movement across various states, there are many bank holidays in the next two weeks across various states.

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Last Updated: Mar 25, 2020, 09.31 AM IST
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A nationwide lockdown has been imposed effective from March 25, 2020. Certain essential services like banks, insurance offices and ATMs will be available during this period. Important services like bank have taken steps to play their part.

For instance, a recent Economic Times news report stated that Indian banking services, apart from basic payment and transfer operations, are likely to come to a halt as lenders impose restrictions on the movement of employees and their interaction with customers to protect them from Covid-19. Although banking is an essential service - key staff will be allowed to attend work during state-imposed curbs - new loans, project appraisals, negotiations for fresh terms for existing loans will have to wait.

"We request all our customers to bear with us as other non-essential services during this period may be suspended," the Indian Banks' Association (IBA) said in a note. "We will continue providing banking services to our valued customers. However, we appeal to everyone to visit branch premises only in case of absolute necessity. Our employees are also facing the same challenges that you are and so we are asking for your help too."

The Reserve Bank of India (RBI) and the government, too, are urging banking customers to use digital transactions as much as possible.

Along with the restriction in movement across various states, there are many bank holidays in the next two weeks across various states. For instance, in Maharashtra, Karnataka, Andhra Pradesh, Telangana, and Manipur, on March 25 banks will be shut on account of Gudhi Padwa/Ugadi Festival/Telugu New Year's Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra.

Across the country banks will be shut on Saturday, March 28, since it is the fourth Saturday of the month.

The week after that, on April 1, banks will be shut for annual closing of accounts. In states like Maharashtra, Gujarat, Uttar Pradesh, Punjab and so on, April 2, banks will be shut on account of Ram Navami. It is not a bank holiday in New Delhi.

Click here to get the full list of bank holidays.
Click here for all the information and analysis you need for tax-saving this financial year

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Bank holidays in March, 2020

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Bank holidays in January 2020

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