Saturday bank holiday: Are banks open or closed today on March 8, 2025?

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Sneha Kulkarni

, ET OnlineLast Updated: Mar 08, 2025, 08:39:00 AM IST

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Synopsis

Banks are open on the first, third, and fifth Saturdays of the month unless specified as a holiday by the RBI. Banks remain closed on all second and fourth Saturdays and all Sundays as per the RBI mandate.

The Reserve Bank of India (RBI) decides bank holidays and releases a state-wise holiday calendar each year. RBI publishes a calendar of holidays that covers national events, regional festivals every year. Bank holidays in India vary by state, however some are observed nationally.

In India, banks follow a fixed Saturday holiday schedule. Banks are open on the first, third, and fifth Saturdays of the month unless specified as a holiday by the RBI. Banks remain closed on all second and fourth Saturdays and all Sundays as per the RBI mandate.

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Are banks open or closed today on March 8?

Banks are closed today on March 8, 2025 as it is the second Saturday of the month. Customers planning any bank-related work should take note and make arrangements accordingly.

Even if banks are closed on March 8 or any other holiday, customers can still carry out many transactions using alternative banking methods, such as:

ATMs for cash withdrawals
Online banking for fund transfers, bill payments, and account management
Mobile banking apps for quick transactions
UPI and Digital Wallets for payments and money transfers

To access and use digital banking services, customers must first complete the registration process with their respective bank. Simply having a bank account does not automatically grant access to online or mobile banking facilities. If you haven’t registered for digital banking services, contact your bank.

When do you need to visit the bank?

A bank visit is usually necessary for the following transactions in India: high-value fund transfers that exceed online limits, opening a new bank account, cash deposits that exceed ATM limits, complex financial transactions such as large-scale foreign exchange conversions, and circumstances requiring you to physically sign documents or provide identification at the bank branch.

March bank holiday 2025

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