Is today a holiday? Yes, it is, as Mahavir Jayanti is being observed across India on March 31, 2026. This significant day commemorates the birth of Lord Mahavir, the 24th and last Tirthankara of Jainism.

Banks in several parts of India will remain closed today, impacting major cities such as Ahmedabad, Mumbai, New Delhi, and Kolkata. This holiday marks the final bank holiday of March, which has seen a total of 18 holidays.

In addition to the aforementioned cities, banks will also be shut in Belapur, Chennai, Jaipur, Kanpur, Lucknow, Nagpur, Patna, Raipur, and Ranchi. The Reserve Bank of India has confirmed these closures.

Furthermore, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will not conduct trading today in observance of Shri Mahavir Jayanti. Trading in equities and derivatives will be halted for the day.

However, the commodity derivatives segment will remain closed during the morning session but is expected to reopen in the evening. This marks the first of two market holidays scheduled for this week.

Jain communities worldwide are set to celebrate Mahavir Jayanti, marking the 2624th birth anniversary of Lord Mahavira. The festival is one of the most important in Jainism, inspiring followers to lead lives of peace, self-discipline, and righteousness.

Following today’s holiday, trading will resume on April 1, when banks will also reopen for business. This will coincide with the closing of yearly accounts, another significant event in the financial calendar.

Details remain unconfirmed regarding any additional observances or events planned for today, but the widespread recognition of Mahavir Jayanti indicates its importance in Indian culture.

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In a significant announcement, banks across several Indian states will observe a holiday on March 26, 2026, in celebration of Sri Rama Navami, marking the birth of Lord Rama, a revered figure in Hinduism.

Customers in states such as Mizoram, Maharashtra, Karnataka, Tamil Nadu, and Uttar Pradesh should anticipate branch closures on this day. Major cities including Mumbai, Ahmedabad, and Kolkata will also see banking services halted.

Despite the closures, online banking and ATM services will remain operational, ensuring that customers can access their funds. ATMs will be available 24/7, providing a crucial service during the holiday.

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will also be closed on March 26, aligning with the bank holiday. This closure reflects the widespread observance of the festival across the nation.

Ram Navami is celebrated based on the lunar calendar, with the Navami Tithi commencing at 11:48 AM on March 26 and concluding at 10:06 AM on March 27. This timing is significant for the festival’s rituals and celebrations.

According to the Reserve Bank of India, March will see a total of 18 bank holidays, with the next holiday following Ram Navami being observed for Chaite Dasain on March 27.

This announcement has drawn attention from various sectors, with many expressing their support for the observance of such an important cultural event. However, details remain unconfirmed regarding any additional services or exceptions that may apply.

As the date approaches, further updates are expected to clarify any changes to banking operations or additional closures in other regions.

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