Holi, or the festival of colors, is one of India's most popular Hindu festivals. This year, Holi is on March 14, 2025, and banks in many states will be closed in commemoration of the holiday. The Reserve Bank of India (RBI) issues a list of public and regional holidays for banks under the Negotiable Instruments Act, 1881.
As it is a regional holiday, banking activities will be impacted in select states. As Holi is a major festival across the country, banks in several states will remain closed on this day.
Holi is a vibrant festival symbolizing the arrival of Spring, the victory of good over evil, and the spirit of joy and unity. It follows the ritual of Holika Dahan, which is celebrated the previous evening. People play with colors, exchange sweets, and celebrate with family and friends.
For Holi, banks will remain closed in Gujarat, Orissa, Chandigarh, Sikkim, Assam, Hyderabad (AP & Telangana), Arunachal Pradesh, Rajasthan Jammu, Bengal, Maharashtra, New Delhi, Goa, Bihar, Chhattisgarh, Meghalaya, Himachal Pradesh, and Srinagar on March 14, 2025. Meanwhile, banks in other states will function as usual.
If you have important banking transactions, plan ahead to avoid any inconvenience caused by the bank holiday on March 14, 2025. While digital transactions will remain unaffected, in-branch services will resume only on the next working day.
A two-day public holiday has been announced for banks in Bihar on March 14, 2025 and March 15, 2025. Other states may have a single-day closure depending on local observances.
In India, all scheduled and non-scheduled banks will observe a public holiday on the second and fourth Saturdays. While it’s a working day on the first, third and fifth (in some cases) unless specified in the RBI’s holiday list.
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