Kolkata: Despite the proliferation of ATMs and online banking, many people still have to visit branches of banks for getting their work done. Therefore, knowing whether a bank is closed today (Saturday) or not is significant for them. Bank holidays are always set by the banking regulator Reserve Bank of India (RBI). RBI rules state that banks across India 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 every month, all branches of all banks will be closed to customers. No customer of any bank can walk into a branch to get any work done on the Saturdays declared a holiday by RBI. The Saturdays when branches of all banks remain closed for physical business are every second and fourth Saturday of any month. According to the RBI guideline, therefore, branches of all banks will remain closed for physical business today (Saturday, February 8). Today is the second Saturday of February 2025.
February holiday list for banks in different states
But what about the banking holidays for the remaining days of the month? On which days of February will banks be closed in which state of India? Here is a list for the remaining days of February:
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)
However, thanks to the ATM network in India and online banking, customers can get a lot of their work done 24X7. Unlike physical banking, technology has no holiday. The first ATM in India was deployed by HSBC in 1987. That marked the beginning of a paradigm shift in banking services in this country. According to reports, there are now 21.44 ATMs per 100,000 adults in India.
According to Reserve Bank of India rules, today February 8 is a banking holiday in India since it is the second Saturday of the month. Read on to find out the days of the month when banks will be closed in different states of India. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
