Banks in Maharashtra will remain closed on Feb. 19 on account of Chhatrapati Shivaji Maharaj Jayanti, as per the Reserve Bank of India's (RBI) holiday calendar. Banks in other states and Union Territories (UTs) across India will remain operational.
Even on days when bank branches are closed, customers can carry out transactions through digital channels, including ATMs, UPI platforms and internet banking.
As per the RBI guidelines, all scheduled and non-scheduled commercial banks in India remain closed on all public holidays, regional festivals and state-specific observances. Apart from these, banks remain closed on all Sundays and the second and fourth Saturdays every month.
Chhatrapati Shivaji Maharaj Jayanti 2026
Chhatrapati Shivaji Maharaj Jayanti, celebrated annually on February 19, marks the birth anniversary of the founder of the Maratha Empire. The day features grand processions, cultural programs, and traditional attire to celebrate his role in establishing Swarajya. People across the nation, especially in Maharashtra, observe his birth anniversary as Shivaji Jayanti. This year marks the 396th birth anniversary of the Maratha King.
List Of Bank Holidays In February
Feb. 18: Banks will stay shut in Sikkim to celebrate Losar, the Tibetan New Year.
Feb. 19: People in Maharashtra will see bank closures on the occasion of Chhatrapati Shivaji Maharaj Jayanti.
Feb. 20: Banks will remain closed in Arunachal Pradesh and Mizoram to mark State Day/Statehood Day.
India's banking holidays are announced each year by the RBI in line with the Negotiable Instruments Act, 1881. While branches may close on designated public holidays, essential services remain accessible through ATMs, UPI platforms and online banking.
As branch hours can differ by location, customers are advised to check timings in advance, with the official holiday list offering a useful reference point.
The pattern of bank holidays across India highlights its diversity. Along with nationwide closures, banks observe holidays notified under the Negotiable Instruments Act, including those linked to Real-Time Gross Settlement (RTGS) operations and account-closing days.
Local festivals and regional events also play a role, leading to different holiday lists as per regional calendars across states.
According to the RBI's holiday list, there will be a total of 11 bank holidays in March. The month's calendar features closures tied to festivals like Holi, Ramzan, Ram Navami and Mahavir Jayanti.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.