March 2020 brings about an average disruption to banking.
While there are no national Indian holidays in March, in total, banks may be closed in at least one state on 14 out of the 31 days in March.
March 2020 has five Sundays and the second and fourth Saturdays.
The major festival that will affect banks is in the second week of the month, with Holi falling on Tuesday March 10th.
A week of no holidays is followed a week that starts with a regional holiday in Haryana, before the arrival of Ugadi, Gudi Padwa and Cheti Chand on Wednesday March 25th.
Here is the list of the bank holidays in March:
Date | Day | Holiday | Regions |
---|---|---|---|
March 1st | Sunday | Nationwide | |
March 8th | Sunday | Nationwide | |
March 10th | Tuesday | Holi | Widespread |
March 14th | Saturday | Second Saturday | Nationwide |
March 15th | Sunday | Nationwide | |
March 22nd | Sunday | Nationwide | |
March 23rd | Monday | Haryana Martyrs’ Day | Haryana |
March 25th | Wednesday | Ugadi Gudi Padwa Cheti Chand | Several states |
March 28th | Saturday | Fourth Saturday | Nationwide |
March 15th | Sunday | Nationwide |