Bank holidays: Banking services to be affected for 9 days, check details here
The Reserve Bank of India has issued a bank calendar mentioning the dates on which the banks will not function. The bank users need to note that the coming weeks of March and April will observe over 11 days of holidays.
Banks are scheduled to remain closed for three consecutive days from March 27-29 all over the country, on account of the second Saturday and Holi festival.
The bank customers are to note that if they have any pending work, they need to take care of it before March 27. If any customer fails to do so, he or she will have to wait till April 4, as the bank will continue its services for only two days in between, which are March 30 and April 3.
Whereas, the people living in the capital of Bihar, Patna will not get this option as well. The banks in Patna are scheduled to remain shut on March 30 as well.
Bank services on March 31 will remain suspended, even though it is not a holiday, on account of the last day of the financial year.
Here is the list of important bank dates:
- March 27: Last Saturday of the month
- March 28: Sunday
- March 29: Holi Holiday
- March 30: Holiday only for bank branches in Patna (not for rest of India)
- March 31: Year-end holiday
- April 1: Bank closing of accounts
- April 2: Good Friday
- April 3: Saturday is a working day
- April 4: Sunday
Meanwhile, the country observed a two-day pan-India bank strike on 15-16 March which resulted in disruption of banking services including deposits, loan disbursements, cash withdrawals and cheque clearances hitting customers.
The strike was staged by the members of the United Forum of Bank Unions (UFBU) protested against the privatisation of two more government-owned banks.