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Business News/ Industry / Banking/  Bank holiday on Mahashivratri 2024: Banks to remain closed in these cities on March 8. Details here
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Bank holiday on Mahashivratri 2024: Banks to remain closed in these cities on March 8. Details here

Banks in India close on public holidays including Mahashivratri, state-specific holidays, and national holidays like Republic Day. Regular closures on second and fourth Saturdays, all Sundays in March. Online banking services continue to operate nationwide

Private banks saw their corporate loan books stagnate in June compared to the previous quarter. mintPremium
Private banks saw their corporate loan books stagnate in June compared to the previous quarter. mint

Mahashivratri 2024: Banks in India are closed during public holidays while some are closed on state-specific-specific holidays. Banks are closed across the nation on gazetted holidays like Republic Day, Independence Day, and Gandhi Jayanti. Whereas on festivals like Mahashivratri bank holidays are state-centric.

Also Read | Icici Bank Share Price Live blog for 05 Mar 2024

March 8 marks Mahashivratri, followed by Holi on March 25, and Good Friday on March 29, all of which are observed as national holidays. Bihar observes state-specific holidays, including Bihar Diwas on March 22, and Yaosang's second day/Holi on March 26 and 27.

Also Read | Stock market holidays in March 2024: BSE, NSE to remain closed on these day; check full list

Regular bank closures are scheduled for the second Saturday (March 9), the fourth Saturday (March 23), and all Sundays throughout March. Despite these closures, online banking services will remain operational nationwide. Although regular bank branches will be closed on these specified dates, online banking services and ATMs will continue to function seamlessly.

Also Read | Bank holidays in March 2024: Are banks closed today, March 2?

Every state in the nation, including Uttarakhand, Rajasthan, Uttar Pradesh, Madhya Pradesh, Punjab, Himachal Pradesh, Bihar, Karnataka, Tamil Nadu, and Andhra Pradesh or Telangana, celebrates Mahashivratri.

Also Read | Bank Holidays in March 2024: Banks to be closed on these days. Check the full list here

Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneshwar, Dehradun, Hyderabad (AP and Telangana), Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar, Thiruvananthapuram.

Mahashivratri 2024

The Mahashivratri, happens only once every year, in February/March. It is considered especially auspicious, as it is supposed to be the night of convergence of Shiva and Shakti, which in essence means the male and feminine energies that keep the world in balance. Shiva and Shakti are revered as the embodiment of love, power, and oneness.

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Published: 05 Mar 2024, 08:53 AM IST
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