public holiday: banks will be closed in these states on April 1, 2022

The current fiscal year will end soon and the next fiscal year will start on April 1, 2022. On April 1, due to the annual closing of accounts, all commercial and cooperative banking institutions will be closed on Friday, April 1, according to the Reserve Bank of India website.

Banks, except for Himachal Pradesh, Meghalaya, Chandigarh and Mizoram, will observe the annual closing of bank accounts, according to the RBI website.

All government bank agency transactions for the 2021-22 fiscal year must be accounted for in the same fiscal year in accordance with the rules.

Last year, all agent banks kept their designated branches open for over-the-counter transactions related to government transactions until normal working hours on March 31, 2021. The reporting window for central government and state transactions at the RBI, including downloading of GST/e-receipts baggage files, has been extended and kept open until 12:00 p.m. on April 1, 2021.

Also, some states may observe the holiday on April 2 also on the occasion of Gudi Padwa, Ugadi Festival, 1st Navratra, Telugu New Year’s Day, Sajibu Nongmapanba.

Banks are closed on April 2 in Karnataka, Maharashtra, Tamil Nadu, Telangana, Manipur, Jammu, Goa and Jammu and Kashmir.

Holidays April 2022