Are banks closed for a 23 March holiday in India?

No. There is no nationwide 23 March holiday for banks. Most branches are open with regular hours. Digital channels like UPI, IMPS, and net banking operate as usual. City-wise closures are expected later in the week, so finish any urgent in-person work before the midweek rush.

Which days will see branch closures between March 26 and March 29?

Closures are city-wise across March 26–29 for Ram Navami, Chaite Dasain, and weekend offs. Not all cities close on all days. Check your branch notice or official holiday list for your city’s exact dates. Plan branch-dependent tasks one working day in advance.

Will UPI, IMPS, NEFT, and RTGS work during these closures?

Yes, digital channels usually continue during local branch holidays. UPI and IMPS are available 24x7. Online NEFT and RTGS generally run, subject to each bank’s cut-offs. In-branch requests pause on closed days. Schedule large-value transfers early and keep proof of payment for reconciliation.

How should businesses plan payments and collections this week?

Advance cash deposits, cheque drop-offs, and branch paperwork by March 24–25. Move payouts to online NEFT or RTGS and use UPI or IMPS for smaller amounts. Communicate cut-offs to vendors and staff. Keep an emergency cash float and verify city-specific holidays with your bank.

Global Market Insights

India Bank Holidays March 23: RBI Calendar Flags March 26–29 Closures

ByDanny Kontos March 23, 2026March 23, 2026

Investors asking about a 23 March holiday should note that banks are open nationwide today. However, the RBI bank holidays March 2026 calendar flags city-wise branch closures between March 26 and March 29 for Ram Navami, Chaite Dasain, and weekend offs. Digital channels remain available. We explain what stays open, what pauses at branches, and how to plan cash, cheque, and in-person work. Use this quick guide to avoid delays in collections, vendor payments, and salary runs this week.