Eid ul-Fitr 2025 Bank Holiday 2025: Will banks in your city be closed or opened on March 31 & April 1?

RBI cancels March 31 holiday to keep banks open for year-end transactions. Income Tax and insurance offices will also stay open to support financial closures. Digital banking remains accessible.
Eid ul-Fitr 2025 Bank Holiday 2025: Will banks in your city be closed or opened on March 31 & April 1?
Eid ul-Fitr 2025 Bank Holiday 2025

Eid ul-Fitr 2025 Bank Holiday 2025: To facilitate year-end financial operations, the Reserve Bank of India (RBI) has cancelled the scheduled holiday on March 31, 2025, ensuring banks remain open for critical transactions.

Why the Holiday Was Cancelled

March 31 marks the end of the financial year, a time when banks experience a surge in activities like finalising accounts and closing financial statements. The RBI’s move aims to ensure seamless handling of such processes and prevent disruptions.

Banks were originally scheduled to remain closed on March 31

Banks were originally scheduled to remain closed on March 31 for Ramzan-Id (Id-Ul-Fitr) across most states, with the exception of Himachal Pradesh and Mizoram. This holiday has now been cancelled in favour of uninterrupted banking services.

April 1 Bank Holiday in Some States

While banks will operate on March 31, they will be closed on April 1, 2025, in most states and Union Territories. However, branches in Meghalaya, Chhattisgarh, Mizoram, West Bengal, and Himachal Pradesh will remain open on that day.

No Bank Holiday on March 29

March 29, which is the fifth Saturday of the month, is not a bank holiday. Banks in India follow a schedule where they remain closed on the second and fourth Saturdays, along with all Sundays.

Online Services Remain Available

Even on holidays, customers can continue to access internet banking, SMS banking, and WhatsApp banking for both financial and non-financial transactions.

Income Tax Offices to Remain Open

The Income Tax Department has announced that all its offices across India will remain open on March 29, 30, and 31. This step is meant to facilitate the timely completion of pending tasks and filings. The department highlighted that March 31 being a public holiday could otherwise affect last-minute tax submissions.

Insurance Companies Also Asked to Stay Open

The Insurance Regulatory and Development Authority of India (IRDAI) has issued similar instructions. All insurance companies have been asked to remain open on March 29, 30, and 31 to ensure policyholders receive necessary assistance and services during the financial year-end.

RBI’s Complete List of Bank Holidays in March 2025

According to the RBI's March holiday schedule, banks have remained closed on the following occasions, varying by region:

  • Chapchar Kut – March 7 (Mizoram)
  • Holika Dahan/Attukal Pongala – March 13 (Jharkhand, Uttarakhand, Uttar Pradesh, Kerala)
  • Dhuleti/Dhulandi/Dol Jatra – March 14 (Tripura, Karnataka, Odisha, Tamil Nadu, Manipur, Kerala, Nagaland)
  • Holi/Yaosang 2nd Day – March 15 (Tripura, Karnataka, Odisha, Tamil Nadu, Manipur)
  • Bihar Diwas – March 22 (Bihar)
  • Shab-I-Qadr – March 27 (Jammu and Kashmir)
  • Jumat-ul-Vida – March 28 (Jammu and Kashmir)
  • Ramzan Eid (Id-Ul-Fitr) – March 31 (All states and UTs except Mizoram and Himachal Pradesh)

March 2025 Weekend Bank Holidays

In addition to festival holidays, banks have been closed on the following weekends:

  • March 2 – Sunday
  • March 8 – Second Saturday
  • March 9 – Sunday
  • March 16 – Sunday
  • March 22 – Fourth Saturday
  • March 23 – Sunday
  • March 30 – Sunday

RBI’s Holiday Categories

The RBI classifies bank holidays under three categories:

  • Holidays under the Negotiable Instruments Act
  • Holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holidays

Banks’ Closing of Accounts

However, it's important to note that bank holidays differ across states based on regional festivals and state-specific events. Not all holidays are observed nationwide, and some may apply only to public sector banks.

What Customers Should Know

Customers are advised to complete urgent banking tasks in advance and make use of online or mobile banking services during this extended break. While physical branches will remain shut in several regions, digital transactions and ATM services will remain operational.

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