List of Bank Holidays in February 2024 (Updated List)
As we step into February 2024, banking customers need to be aware of the scheduled bank holidays to plan their financial activities accordingly. The Reserve Bank of India (RBI) has released an updated list of bank holidays for February 2024, encompassing various national and regional events. This article provides a comprehensive overview of the upcoming closures and operational aspects for the month.
Also Read: List of Finance Ministers Who Have Presented Union Budgets (1947-2024)
Contents
How many days are banks closed in February 2024?
In February 2024, banks across India are slated to remain closed for a total of 11 days. This includes specific national and regional holidays, along with the usual weekends. The Reserve Bank of India (RBI) has formulated guidelines that dictate the closure of public-sector banks, private-sector banks, foreign banks, and cooperative banks on designated holidays.
Will Internet banking and ATMs remain operational on bank holidays?
Despite the physical closure of bank branches, customers need not worry about interrupted banking services. Internet banking services and ATMs will remain fully operational throughout the country on all days in February, including the scheduled bank holidays. This ensures that customers can conduct their financial transactions seamlessly, even during the holiday period.
Are Weekends included in the holidays?
Yes, the list of bank holidays in February 2024 includes weekends. Specifically, four Sundays and the second and fourth Saturdays are part of the closed days. The second and fourth Saturdays are in adherence to the RBI guidelines, which mandate the closure of private and public sector banks on these days, in addition to Sundays.
List of Bank Holidays in February 2024 (Updated List):
Here is a detailed breakdown of the bank holidays in February 2024, categorized by state and event:
| Date | Day | Holiday Event | States/Cities Affected |
|---|---|---|---|
| 4 February | Sunday | – | – |
| 10 February | Saturday | Second Saturday | – |
| Losar in Gangtok | Sikkim | ||
| 11 February | Sunday | – | – |
| 14 February | Wednesday | Basanta Panchami or Saraswati Puja | Agartala, Odisha, West Bengal |
| 15 February | Thursday | Lui-Ngai-Nin | Manipur |
| 18 February | Sunday | – | – |
| 19 February | Monday | Chhatrapati Shivaji Maharaj Jayanti | Maharashtra |
| 20 February | Tuesday | Statehood Day | Mizoram, Arunachal Pradesh |
| 24 February | Saturday | Fourth Saturday | – |
| 25 February | Sunday | – | – |
| 26 February | Monday | Nyokum | Arunachal Pradesh |
Conclusion:
As customers plan their financial activities for February 2024, understanding the bank holiday schedule becomes crucial. The availability of online services and ATMs on all days, including holidays, offers convenience and flexibility. By staying informed about the closures, individuals can ensure that their banking needs are met efficiently, minimizing any last-minute hassles.
