Bank holiday on 31st March: On March 31, on the occasion of Eid, many private offices will also remain closed, but banks will be open on this occasion. While releasing the holiday calendar for banks, the Reserve Bank announced a holiday for all banks on 31 March, but now some changes have been made. Now on March 31, many banks will be open despite being holiday. Actually, 31 March is the last day of financial year 2024-25, so banks have to settle many important tasks.
Bank closed for public today
On the occasion of Eid on 31 March, the Reserve Bank had directed to keep the banks of all states except Himachal Pradesh and Mizoram closed. However, the banks will still remain closed for the general public except these two states. But there will be no holiday, some banks will work. However, Net Banking, UPI, ATM will be operational during this period.
All agency banks will do these works
RBI has instructed all agency banks that banks will open on this day due to work related to government transactions. The agency bank is also called Agent Bank. They do banking related work on behalf of the central or state government such as distribution of subsidy, payment of pension, tax collection (income tax, GST, custom and excise duty), salary of government employees, etc. According to the report, out of 33 agency banks in India, 12 are government banks, 20 private banks and one foreign bank.
Bank holiday list this week
March 28, Friday: Jumat-ul-Vida-Banks will remain closed in Jammu and Kashmir
March 30, Sunday: Weekly holiday – holiday in all banks across the country
March 31, Monday: Eid-ul-Fitr (Ramadan Eid)-Banks will remain closed in almost all states except Mizoram and Himachal Pradesh.
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