With the last day of the fiscal year tomorrow, everyone is busy preparing for the new financial year. From planning expenses to vacations, customers are trying to gear up to enter the 2025-26 fiscal year (FY26) completely prepared. For individuals looking to wrap up their banking errands in the coming week, it is advised to keep a tab of the holiday calendar for banks published by the RBI.

The Reserve Bank of India pushes out this calendar for every year.The RBI classifies bank holidays into three categories: Negotiable Instruments Act holidays, Real-Time Gross Settlement (RTGS) holidays, and annual bank account closing days. Typically, banks remain closed on second and fourth Saturday and all Sundays.

Are Banks Open Or Closed On March 31?

Banking services will remain suspended for up to two days in several regions across India due to the upcoming Eid-ul-Fitr holiday, combined with a weekend closure. The RBI's official holiday calendar confirms that banks in almost all states will be shut on March 31, Monday, in observance of Eid. However, Mizoram (Aizawl) and Himachal Pradesh (Shimla) are exceptions where banks will operate as usual on this day.

List of Cities Affected by the Eid Bank Holiday

The Eid-related bank holiday will impact major cities across India, including Agartala, Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad (Andhra Pradesh & Telangana), Imphal, Itanagar, Jaipur, Jammu, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Srinagar, and Thiruvananthapuram.

Banking Services: What Will Be Affected?

Customers relying on in-branch services such as cash withdrawals via cheques and in-person loan applications will not be able to access these facilities on the designated holiday.

Despite the closure, digital banking services will remain available. Transactions through online banking, NEFT/RTGS, UPI, and ATM withdrawals will continue uninterrupted. Other services, including account maintenance requests, setting up standing instructions, and locker applications, can still be processed online.

The Eid-ul-Fitr holiday falls under the Negotiable Instruments Act, meaning its observance varies by state. As a result, banking operations will remain unaffected in a few regions where the holiday is not officially recognised.