Banks across India are set to observe multiple holidays in the coming week from March 31 to April 5, just ahead of the new financial year. While April is expected to be a busy period for banking operations, the final days of March and the beginning of April offer a brief pause, with five holidays scheduled across different states.
The first major closure falls on March 31 on account of Mahavir Jayanti, which will be observed in several states including Karnataka, Maharashtra, Delhi, Uttar Pradesh, and West Bengal. This will be followed by April 1, when banks in most parts of the country will remain closed to facilitate the closing of annual accounts, a crucial process at the end of the financial year.
On April 2, banks in Kerala will remain shut for Maundy Thursday, while April 3 will see closures in many regions for Good Friday. The week concludes with April 5 being a Sunday, marking another nationwide bank holiday.
Also Read: Eid Bank Holiday 2026: RBI Confirms Closures on March 20 and 21 Across India
Despite these closures, April overall will have fewer working disruptions than previous months. As per the Reserve Bank of India guidelines, banks will observe a total of 14 holidays during the month, including six weekend offs. Out of the remaining holidays, most are region-specific and will not affect banking operations nationwide.
Key holidays later in April include Ambedkar Jayanti on April 14, along with regional celebrations such as Tamil New Year and Bohag Bihu. Other state-specific holidays like Vishu, Basava Jayanti, and Garia Puja will also lead to closures in select regions.
It is important to note that April 4, the first Saturday of the month, will be a working day, as only the second and fourth Saturdays are designated as bank holidays in India. With the new financial year beginning in April, banks are expected to focus heavily on audits, planning, and regulatory compliance. Customers are advised to plan their banking activities in advance, especially during the holiday period, to avoid inconvenience.
Also Read: Eid Bank Holiday 2026: RBI Confirms Closures on March 20 and 21 Across India