Mumbai, March 17: Gudi Padwa 2026 will be observed on March 19, marking the beginning of the traditional New Year for Marathi and Konkani Hindus. The festival, which coincides with Ugadi and Sajibu Nongmapanba, is widely celebrated across multiple Indian states with cultural rituals and public observances.

On this occasion, banks will remain closed in several regions including Maharashtra, Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, Goa, Rajasthan, Manipur and Jammu and Kashmir. Since bank holidays in India vary by state and regional festivals, customers are advised to check local holiday lists before planning branch visits. Gudi Padwa 2026: Are Banks Closed on March 19? Check RBI Holiday List.

Educational institutions such as schools and colleges are also expected to remain closed in many of these states in observance of the festival. Government offices will follow similar holiday schedules, especially in Maharashtra where Gudi Padwa is an official public holiday.

Gudi Padwa is celebrated on the first day of the Chaitra month in the lunisolar Hindu calendar. The festival symbolises new beginnings, prosperity, and the arrival of spring. Homes are decorated with colorful rangoli, and a ‘Gudi’ flag is hoisted outside residences as a sign of victory and good fortune. Bank Holidays March 16-22: Banks To Remain Closed for 5 Days Next Week; Check Details.

As the festival aligns with other regional New Year celebrations like Ugadi, it leads to widespread closures across southern and western India. Those planning banking or academic activities on March 19, 2026, should confirm local schedules to avoid inconvenience.

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(The above story first appeared on LatestLY on Mar 17, 2026 04:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).