If you have important bank work pending, you may want to pause before stepping out.
Banks in several states will remain closed over the next few days, so checking the holiday schedule in advance can save you time and effort.
These holidays are based on the guidelines issued by the Reserve Bank of India (RBI).
Here’s a simple breakdown to help you plan better.
Types of Bank Holidays You Should Know
The RBI divides bank holidays into three main categories:
Holidays under the Negotiable Instruments Act
These are official government holidays when banks remain completely closed.
Festivals like Holi, Diwali, Christmas, Ganesh Chaturthi, and Eid fall under this category.
On these days, branch services and cheque clearing are not available.
RTGS Holidays
These holidays may vary from state to state depending on local festivals and traditions.
While bank branches remain closed, digital banking services continue to function.
However, certain branch-based RTGS transactions are not processed.
Annual Account Closing (April 1)
April 1 marks the beginning of the new financial year.
Although banks remain open, staff are usually busy closing the previous year’s accounts.
As a result, customer services at branches may be limited.
State-Wise Bank Closures This Week
Here’s when banks will be closed in specific states:
February 18 – Banks closed in Sikkim for the Losar festival (Tibetan New Year).
February 19 – Banks closed in Maharashtra for the birth anniversary of Veer Chhatrapati Shivaji Maharaj.
February 20 – Banks closed in Arunachal Pradesh and Mizoram for State Day.
February 22 – Banks closed nationwide due to Sunday.
In other states not mentioned above, banking services will continue as usual on these dates.
What You Can Still Do When Banks Are Closed
Even if branches are shut, digital banking remains active.
You can:
Transfer money using NEFT or RTGS
Make payments through UPI apps
Use debit or credit cards
Withdraw cash from ATMs
Request cheque books or demand drafts online
Update account details or change your PIN
However, services like cheque clearance, cash deposits at the branch, or loan processing will have to wait until banks reopen.
Before visiting your bank, it’s always wise to double-check the holiday list for your state.
A little planning can help you avoid unnecessary trips and delays.