Is it a bank holiday on March 18 for Holi?

Holi is a popular Indian festival that will be celebrated this year on March 18, 2022 across the country. Banks in many states are closed to commemorate the festival.

Banks will be closed on March 18 (Friday) on occasion of Holi in Gujarat, Mizoram, Madhya Pradesh, Chandigarh, Uttarakhand, Sikkim, Assam, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Uttar Pradesh, Maharashtra, New Delhi, Goa, Bihar, Chhattisgarh, Meghalaya, Himachal Pradesh and Jammu and Kashmir.

It's important to remember that bank holidays differ from one state to another. The Reserve Bank of India provides a list of bank holidays at the start of each year depending on the state.


Note that banks are not closed in Karnataka, Orissa, Tamil Nadu, Manipur, Kerala, and Bengal.

Also note that, on March 19, 2022, the second day of Holi/Yaosang, banks will be shut in Orissa, Manipur, Bihar followed by Sunday.



Reserve Bank of India places its Holidays under three brackets;

• Holiday under Negotiable Instruments Act
• Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
• Banks' Closing of Account.