Bank Holidays in February 2026: State-Wise Schedule for Losar and Shivaji Jayanti
As February 2026 approaches, bank customers across India must prepare for scheduled closures due to regional and national holidays. The Reserve Bank of India (RBI) has announced a list of bank holidays, with key dates including Losar and Chhatrapati Shivaji Maharaj Jayanti. These holidays impact banking operations state-wise, requiring careful planning for financial transactions.
Key Holidays in February 2026
February 2026 features several important holidays that will affect bank services. Losar, the Tibetan New Year, falls on February 17, 2026, and is observed as a bank holiday in states like Sikkim and parts of the Northeast. Chhatrapati Shivaji Maharaj Jayanti, celebrated on February 19, 2026, marks the birth anniversary of the Maratha warrior king and is a public holiday in Maharashtra, leading to bank closures there.
State-Wise Bank Holiday List
Bank holidays vary by state due to local festivals and observances. Here is a detailed breakdown:
- Maharashtra: Banks will be closed on February 19, 2026, for Chhatrapati Shivaji Maharaj Jayanti.
- Sikkim and Northeastern States: Losar on February 17, 2026, will result in bank holidays in these regions.
- Other States: Some states may have additional holidays for local events, but Losar and Shivaji Jayanti are the primary closures.
It is essential to check with local bank branches or the RBI website for specific closures in your area, as holidays can differ based on state government notifications.
Impact on Banking Services
During these holidays, all banking services, including transactions, withdrawals, and deposits, will be suspended. ATMs and online banking may remain operational, but in-person services at branches will be unavailable. Customers are advised to complete urgent banking tasks before the holiday dates to avoid inconvenience.
Planning Ahead for Financial Activities
To manage your finances effectively during February 2026, consider the following tips:
- Review the state-wise holiday list to know when your local bank will be closed.
- Schedule important transactions, such as loan payments or fund transfers, before or after the holidays.
- Utilize digital banking platforms for basic services during closures.
- Keep emergency funds accessible through ATMs or online means.
By staying informed, you can minimize disruptions to your banking needs during this period.
Note: This information is based on current RBI announcements and may be subject to changes. Always verify with official sources for the latest updates.
