Bank holidays 2025: Here's why banks are closed on February 26 and 28 - Check details here
Banks will remain closed on February 26 and 28, 2025, due to Mahashivratri bank holidays and Losar celebrations in specific states. Customers can still access online banking services and ATMs during these bank holidays in 2025.
Bank holidays on Mahashivratri 2025: If you have any important bank-related work in the coming days then, be aware that banks will be closed on two specific days this week. As per the Reserve Bank of India¡¯s (RBI) official holiday schedule, there will be bank holidays on February 26 and February 28, 2025. These closures are part of the planned bank holidays 2025, which include weekends, national public holidays, and regional holidays specific to different states.
Why Are Banks Closed on These Days?
Banks will be closed on February 26 due to Mahashivratri, which is a major Hindu festival celebrated across various states in India. Another bank holiday on February 28 is observed in certain states due to regional events such as Losar, and the Tibetan New Year. However, these bank holidays are state-specific, meaning that banks in some states will be open while others will remain closed.
Mahashivratri Bank Holidays: States Where Banks Will Be Closed
On February 26, 2025, banks in several states will remain closed in observance of Mahashivratri. The states where bank holidays will be observed include:
- Gujarat
- Maharashtra
- Karnataka
- Madhya Pradesh
- Odisha
- Chandigarh
- Uttarakhand
- Andhra Pradesh
- Telangana
- Jammu & Srinagar
- Kerala
- Uttar Pradesh
- Chhattisgarh
- Jharkhand
- Himachal Pradesh
People residing in these states should plan their bank visits accordingly.
Bank Holiday on February 28: Losar Celebration in Sikkim
On February 28, 2025, banks will be closed in Sikkim (Gangtok) due to the celebration of Losar, the Tibetan New Year. Both government and private sector banks will not be operational in the region on this day.
Will Online Banking Be Available During Bank Holidays?
Despite physical bank holidays, customers can still access banking services through online banking and ATMs. Digital transactions, UPI payments, and net banking will function as usual, ensuring uninterrupted financial transactions.
How to Plan for Bank Holidays 2025?
To avoid inconvenience, check the official bank holidays 2025 list issued by the RBI. If you have urgent work like cash withdrawals, deposits, or cheque clearances, completing them before these scheduled closures is advisable.
Stay updated with bank holidays in your state to manage your banking needs efficiently!
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Bhupinder Singh serves as a Principal Executive in Content Management, specializing in SEO content related to trending financial news, net worth of celebrities, historic events, and art and culture. His passion for cricket shines through in his work and personal interests. In his free time, Bhupinder enjoys discussing cricket legends like MS Dhoni and Sachin Tendulkar, as well as following the IPL.
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