Mahavir Jayanti: Banks Closed Across India; Markets Also Shut on March 31
Mahavir Jayanti: Banks Closed Across India; Markets Also Shut on March 31
Mahavir Jayanti brings bank holidays across India as stock markets observe a March 31 shutdown; agency banks will handle government transactions, while digital services stay available.
Mahavir Jayanti is being observed with bank holidays across India today, impacting routine cash withdrawals and branch visits. Government-aligned agency banks will remain open for essential transactions, but most consumer banking will be offline. Digital banking services continue.
Stock markets are also observing a holiday today, with BSE and NSE shut for March 31. It is the fifth closure among 16 market holidays planned for 2026, with more holidays scheduled for Good Friday and Ambedkar Jayanti.
In Hyderabad, GHMC ordered the closure of slaughterhouses and meat shops on March 31 for Mahavir Jayanti, reflecting local observances. Customers should check with their banks for state-specific hours, and traders should plan for short-term liquidity disruptions. Digital services stay available, but delays in in-person cash or cheque handling are possible.
Overall, while in-person banking may be paused, digital services and government transaction networks remain available; be prepared for possible delays and verify with your bank.