Chandigarh, 27 March 2025 : Shab-e-Qadr, also known as the ‘Night of Power’ or the night that the holy Quran was first sent from heaven to the world in Islamic tradition, will be observed on March 27.
Meanwhile, Jumat-ul-Vida, the last Friday of Ramzan will be on March 28 and Eid-ul-Fitr, which marks the end of Ramzan, will be celebrated on March 31.
As a result, banks across Jammu and Kashmir will remain closed on March 27 and 28.
Meanwhile, March 29 is a fifth Saturday, meaning banks will be open that day.
Though the Reserve Bank of India had initially declared a bank holiday on March 31, it has since cancelled the holiday since it is the last day of the financial year 2024-25 and also marks the deadline to make financial transitions for the year.
As a result, banks will be operational on Monday, March 31, to avoid discrepancies and ensure accurate financial reporting.
Summary: Banks will remain closed on March 31 for Idul Fitr. There are no holidays on March 27 and 28, but March 29 is a fourth Saturday, when banks are usually closed.