Eid 2025 Bank Holiday: On Monday, March 31, people across celebrate Eid-ul-Fitr. However, many are unsure of whether banks are open or closed on this significant day since March 31, the end day of the fiscal year, and Eid-ul-Fitr coincide on the same day.

Since the current fiscal year is slated to conclude today, financial institutions are occupied with finalizing their banking and financial operations. The banks and other financial institutions are open today in light of this reality. The deadline for closing accounts, settling transactions, and filing taxes prior to the start of the next fiscal year is the final day of March.

On March 31st, are banks closed?

In order to provide consumers with an unbroken fiscal closure at the end of the year, the Reserve Bank of India (RBI) has dispelled the myths by stating that banks would stay open on March 31. Though certain states, including Himachal Pradesh and Mizoram, will observe the Eid vacation, banking services will continue to run regularly across the nation.

The bank will not be open on April 1.

Customers won’t be able to use ordinary banking services on April 1st when banks shut yearly accounts to concentrate on balancing financial records. Meghalaya, Chhattisgarh, Mizoram, West Bengal, and Himachal Pradesh are among the states that will also enjoy a whole vacation in April. On the other hand, banks continue to operate on March 31.

April 2025 Bank Holiday

April has a number of public holidays, so you should schedule your financial activity appropriately. Babu April 5 brings Jagjivan Ram Jayanti, April 10 brings Mahavir Jayanti, April 14 brings Ambedkar Jayanti and Tamil New Year, April 18 brings Good Friday, April 21 brings Garia Puja, April 29 brings Parashuram Jayanti, and April 14 brings Akshay Triti. One of the holidays is this one.

To avoid any last-minute problems, all essential financial transactions should be completed by March 31. Ensure that all of the FY 2024–25 financial work is finished by March 31 at the latest.