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Bank Holiday Alert: Aug 26 Closures Announced!
25 Aug
Summary
- Banks in numerous Indian states will be closed on Wednesday, August 26.
- The closure is for the Eid-e-Milad-un-Nabi holiday, commemorating Prophet Muhammad.
- ATMs and online banking services will remain operational during the holiday.
Banks in multiple Indian states observed a holiday on Wednesday, August 26, in recognition of Eid-e-Milad-un-Nabi. This significant Islamic festival, also known as Mawlid, commemorates the birth anniversary of Prophet Muhammad and holds deep spiritual importance for Muslims worldwide.
Falling on the 12th day of Rabi' al-Awwal in the Islamic calendar, the holiday saw bank branches in states including Maharashtra, Delhi, and Uttar Pradesh remain closed. However, critical banking services were still available. ATMs continued to function for cash withdrawals, and online banking platforms, including mobile apps and UPI, remained accessible for transactions.
Services that were unavailable at bank branches included counter deposits, withdrawals, cheque processing, and passbook updates. Eid-e-Milad-un-Nabi is a time of reflection on the Prophet's teachings of compassion and justice, with celebrations often involving processions and decorations.
