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Bank Holidays Next Week: Which States Are Affected?
14 Feb
Summary
- Banks will be closed for three days next week due to holidays.
- Closures are scheduled for February 18, 19, and 20.
- Digital banking services will remain accessible during these closures.
Bank branches throughout India are set to close for three consecutive days next week, with closures scheduled for February 18th, 19th, and 20th, as announced by the Reserve Bank of India. These holidays are tied to distinct regional observances.
On February 18th, banks in Sikkim will be shut to celebrate Losar, the Tibetan New Year. The following day, February 19th, Maharashtra will observe a holiday for Chhatrapati Shivaji Maharaj Jayanti, leading to bank closures in the state. Finally, on February 20th, banks will remain closed in Arunachal Pradesh and Mizoram to mark their respective Statehood Days.
While physical branches will be inaccessible, customers can still utilize digital banking channels such as ATMs, UPI, and internet banking, which will operate normally. The RBI's annual holiday schedule, issued under the Negotiable Instruments Act, 1881, guides these closures. It is advisable for customers to verify branch operating hours directly before planning any visits.
India's bank holiday calendar reflects its rich cultural and regional diversity, with national observances complemented by state-specific festivals and events. Following February, March is expected to have eleven holidays, including those for Holi and Ramzan.
