Public holiday today, March 1, 2022: List of cities where banks will be closed for Mahashivratri 2022 | Personal finance news

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New Delhi: Before visiting your bank branch today (March 1, 2022), you should note whether the bank branch in your city is open or not.

According to the RBI public holiday list, bank branches in several cities will be closed today due to Mahashivratri 2022. However, banking activities such as ATM transactions, online transactions, IMPS, RTGS, etc. will continue to be operational.

The banks in the cities mentioned below with the red dots will remain closed due to Mahashivratri 2022. The red dots fall under the Holidays Act under the RBI Negotiable Instruments Act.

March 2022 1
Agartala
Ahmedabad
Aizawl
Belapur
bangalore
Bhopal
Bhubaneswar
Chandīgarh
Chennai
Dehradun
Gangtok
Guwahati
Hyderabad
Imphal
Jaipur
Jammu
Kanpur
Cochin
Kolkata
Lucknow
Bombay
Nagpur
New Delhi
Panjim
Patna
Raipur
Ranchi
Shillong
shimla
Srinagar
Thiruvananthapuram

Banks will remain closed for a total of 13 days during March -7 as per the Reserve Bank of India (RBI) public holiday calendar list and the remaining days are weekends.

However, you should note that the banks will NOT be closed for 13 days in all states or regions. This is the total number of days that banks in different parts of the country will remain closed for public holidays. For example, bank branches may be closed for Bihar Divas in Bihar but NOT closed for the same festival in Assam.

Here is an elaborate list of public holidays falling in the month of March 2022. Check out the list.
Holiday Description Day

Mahashivratri (Maha Vad-14): March 1

Losar: March 3

Chapchar Kut: March 4

Holika Dahan: March 17

Holi/Holi 2nd day – Dhuleti/Doljatra: March 18

Holi/Yaosang Day 2: March 19

Bihar Divas: March 22

Apart from the holidays mentioned above by RBI, banks will be closed on the following weekends

Sunday: March 6

Second Saturday: March 12

Sunday: March 13

Sunday: March 20

Fourth Saturday: March 26

Sunday: March 27

Reserve Bank of India places its holidays under three brackets –Holiday under Negotiable Instruments Act; Public holiday under the Negotiable Instruments Act and real-time gross settlement holiday; and closure of bank accounts. However, it should be noted that public holidays vary from state to state and are not observed by all banking companies. Public holidays also depend on festivals observed in specific states or notification of specific occasions in those states.

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