The Reserve Bank of India (RBI) releases a list of bank holidays every month, and consumers should plan their banking activities in consideration of these holidays to avoid wasting time and potential financial loss.
Name of the holidays | Bank Holidays |
---|---|
website | https://rbi.org.in/ |
Check Holiday Dates | Bank Holidays |
List of Bank Holidays in February 2025: Check the complete list here
- February 3- Saraswati Puja, a holiday for banks in Agartala
- February 11- Thai Posam, a holiday for banks in Chennai
- February 12- Shri Ravidas Jayanti, holiday for banks in Shimla
- February 15- Lui Gai Ni, holiday for banks in Imphal
- February 19- Chhatrapati Shivaji Maharaj Jayanti, a holiday for banks in Belapur, Mumbai, Nagpur
- February 20- Statehood Day, a holiday for banks in Aizawl- Itanagar
- February 26- Maha Shivaratri. Ahmedabad, Telangana- Banks in Andhra Pradesh, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar, Thiruvananthapuram will be closed.
- February 28- Banks in Losar and Gangtok will be closed
Weekend holidays in February 2025
- February 2- Sunday, all banks in the country will be closed
- February 8- Second Saturday, all banks will be closed
- February 9- Sunday, all banks will be closed
- February 16- Sunday, all banks will be closed
- February 22- Fourth Saturday, all banks will be closed
- February 23- Sunday, all banks will be closed
Understanding Bank Holidays in India
India observes a diverse range of bank holidays throughout the year. These holidays can be broadly classified into three categories:
- National Holidays: Designated by the RBI and applicable nationwide (e.g., Independence Day).
- State-Specific Holidays: Celebrated for regional festivals and observances (e.g., Beh Dienkhlam in Meghalaya).
- Weekly Closures: Banks are typically closed on the second and fourth Saturdays and Sundays every month.
Why Knowing Bank Holidays is Important
- Planning financial transactions: Ensure your checks and payments are processed on time.
- Avoid unnecessary trips: Save time by not visiting banks when closed.
- Scheduling appointments: Book any necessary appointments around these holidays.
Tips for Staying Informed
- Bookmark the RBI website for national holiday announcements.
- Check your bank’s website or app for a comprehensive holiday calendar.
- Look for local news updates regarding state-specific holidays.
Even on bank holidays, internet banking, mobile banking, UPI, and ATM services operate as usual. You can easily manage your financial transactions without physically going to the bank.