Bank Holiday Today in Bengaluru on March 30: Banks Closed for Mahavir Jayanti, Check RBI Calendar Details

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Banks Remain Closed in Bengaluru Today​

All public and private sector banks in Bengaluru are closed on March 30 on account of Mahavir Jayanti, as per the Reserve Bank of India calendar.

Banks including SBI, PNB, HDFC Bank, ICICI Bank and Axis Bank are not operational for in-branch services across Karnataka today due to the festival.

Is There a Bank Holiday Today?​

Yes, Karnataka is observing a bank holiday today, March 30, for Mahavir Jayanti.

Bank holidays in India are determined by the RBI and vary by state depending on regional festivals and observances. While some holidays are nationwide, others apply only to specific states.

Notably, March 30 is not a bank holiday in all states, but it is applicable in Karnataka.

RBI Bank Holiday Categories Explained​

The Reserve Bank of India classifies bank holidays into three categories:
  • Holidays under the Negotiable Instruments Act
  • Real Time Gross Settlement holidays
  • Banks’ closing of accounts
These categories determine how different banking operations are impacted on a given day.

Regular Weekly Bank Closures​

Apart from festival-based holidays, banks follow a fixed weekly closure pattern:
  • Closed on all Sundays
  • Closed on the second and fourth Saturdays of every month
  • Open on the first, third and fifth Saturdays
Saturday holidays are notified under the Negotiable Instruments Act, which governs instruments like cheques and promissory notes.

When Is the Next Bank Holiday?​

The next bank holiday is scheduled for March 31 on the occasion of Mahavir Janmakalyanak or Mahavir Jayanti in multiple states.

States where banks will remain closed include Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttar Pradesh, West Bengal, Delhi, Bihar, Chhattisgarh and Jharkhand.

Mahavir Jayanti Significance​

Mahavir Jayanti marks the birth anniversary of Lord Mahavira, the 24th Tirthankara of Jainism.

The festival is considered highly significant among the Jain community and is observed with religious processions, temple visits, charitable activities, meditation and prayers.

Lord Mahavira’s teachings focus on non-violence, truth, non-stealing, chastity and non-attachment, with an emphasis on compassion towards all living beings.

Are Online Banking Services Available Today?​

Digital banking services remain fully operational despite the bank holiday.

Customers can continue to use:
  • UPI transactions
  • Net banking
  • Mobile banking apps
  • Online loan services
  • Chequebook requests
However, services that require a physical visit to bank branches are not available today.

It is advisable to check with your nearest bank branch for location-specific holidays in the coming days.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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