Kolkata: bank holidays are set by the banking regulator RBI, or (Reserve Bank of India). RBI rules stipulate that banks across the country will remain closed for physical business every month on two Saturdays. Besides these two Saturdays, banks will be closed on all Sundays. On these two Saturdays, branches of all banks will be closed to the people. Remember that if you can find any employee of any bank visiting a branch to work, it will be outside the normal course of business and he/she will not be able to get any transaction done for you at the branch.
No customers of any bank can step into a branch to get any work done. These Saturdays when branches of all banks will remain closed for the public are every second and fourth Saturday of a month. Therefore, according to the RBI guideline, branches of all banks will remain closed for physical business today (Saturday, January 25). Today is the fourth Saturday of January. But what about next month? Which days of February will banks be closed in which state? Read on for the number of holidays for banks in India in February 2025.
List of bank holidays in February 2025
February 3: Monday–Vasant Panchami (Haryana, Odisha, Punjab, Tripura, West Bengal)
February 12: Wednesday–Guru Rabidas Jayanti (Chandigarh, Himachal Pradesh, Haryana, Madhya Pradesh)
February 15: Saturday–Lui-Ngai-Ni (Manipur)
February 19: Wednesday–Chhatrapati Shivaji Jayanti (Maharashtra)
February 20: Thursday–Arunachal Pradesh statehood day/Mizoram statehood day (Arunachal Pradesh and Mizoram)
February 26: Wednesday–Shivaratri (National except A&N Islands, Arunachal Pradesh, Assam, Bihar, Goa, Lakshadweep, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Tamil Nadu and West Bengal)
February 28: Friday–Losar (Sikkim)
When was ATMs introduced in India
However, even on all holidays, customers can get a lot of their work done through the ATM network, app of their respective bank and the website. These facilities have no holiday and offer services round the clock. Therefore, even if branches of banks are closed for physical business, many customers can get different types of services from their banks, thanks to online banking, apps and the vast ATM network across the country.
Did you know that there are 21.44 ATMs per 100,000 adults in the country. Of all the banks, State Bank of India (SBI) has the maximum number of ATMs — close to 63,600. The first ATM in India was put into service in India in Mumbai in 1987 by HSBC.
Rules of RBI (Reserve Bank of India) rules state that branches of all banks in India are closed on two Saturdays and all Sundays of every month. So, is today, January 25, 2025 a holiday for banks? Also check the list of bank holidays for February 2025 in different states of India here. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
