Are banks open or closed today on February 22, 2025?, ET BFSI

The Reserve Financial institution of India (RBI) oversees financial institution holidays in India. The financial institution holidays in several states differ in line with nationwide, state-specific, and pageant holidays. Other than this, the second and fourth Saturdays and Sunday of every month are financial institution holidays in India as per RBI regulation. All public, non-public, cooperative, and regional rural banks are topic to this RBI regulation.

Bodily financial institution branches stay closed. Because of this in-person banking companies like financial institution deposits, financial institution withdrawals, and cheque clearances is not going to be obtainable on off days.

Are banks open or closed as we speak on February 22, 2025?

February 22, 2025 is the fourth Saturday for February month. Therefore, financial institution branches can be closed as we speak. Financial institution clients ought to do not forget that banks stay open on the primary, third, and (if relevant) fifth Saturdays of the month.Additionally learn: Senior citizen FDs vs Senior Citizen Savings Scheme: Check which one offers higher interest rate for senior citizens

On-line banking choices obtainable
Digital transactions, ATMs, and cellular banking will proceed to perform usually. Financial institution clients can use the net banking channels to do transitions.
Shoppers can verify their account balances and make money withdrawals through ATM companies. Digital transactions by means of cellular apps, web banking, and UPI is not going to be interrupted. On-line cash transfers is not going to be impacted as a result of RTGS, NEFT and IMPS Transactions companies are actually obtainable around-the-clock.

Cheques that should be deposited or cleared can be dealt with on Monday, February 24, 2025, the next enterprise day.

Mid week financial institution vacation subsequent week
February 26, 2025 i.e., coming Wednesday is a financial institution vacation. It is because banks can be closed in most states on February 26, 2025 on the event of Mahashivratri. Nevertheless, financial institution branches can be open within the following states:
a) Tripura,
b) Tamil Nadu,
c) Sikkim
d)Assam
e) Manipur
f) Arunachal Pradesh
g) Nagaland
h) Bengal
i) New Delhi
j) Goa
ok) Bihar
l) Meghalaya.

February 28 financial institution vacation on this state
On February 28, 2025 (i.e. coming Friday) financial institution branches can be closed in Sikkim for Losar celebration. Losar is a Tibetan Buddhist pageant that marks the start of the lunar new 12 months for buddhists.

Checklist of RBI Financial institution Holidays for February 2025

Supply: RBI vacation checklist