Banks in Mizoram and Arunachal Pradesh will be closed on Feb. 20 on the occasion of State Day/Statehood Day. Banking services in other states and Union Territories (UTs) across India will remain operational.
While bank branches will remain shut, ATMs, UPI platforms and internet banking services will function as usual.
As per the Reserve Bank of India, all scheduled and non-scheduled commercial banks are closed on public holidays, state-specific observances and regional festivals. Banks also remain shut on all Sundays and the second and fourth Saturdays every month.
As branch hours may differ by location, customers should check timings in advance, using the RBI's official holiday list as a reference point.
State Day/Statehood Day
Following Independence in 1947, Mizoram remained part of Assam as the Lushai Hills District. Following years of unrest and insurgency, Mizoram was granted Union Territory status in 1972, separating it from Assam. In 1986, Prime Minister Rajiv Gandhi and Mizo National Front leader Laldenga signed the Mizoram Peace Accord in 1986. This historic pact ended two decades of insurgency. As part of the accord, Mizoram was granted full statehood on Feb. 20, 1987, becoming India's 23rd state.
As for Arunachal Pradesh, the state was initially part of the North East Frontier Agency (NEFA). It became the 24th state on Feb. 20, 1987.
Bank Holidays In February 2026
Here is the list of bank holidays this month:
- Feb. 18: On the occasion of Losar, the Tibetan New Year, banks were shut in Sikkim.
- Feb. 19: Banks are closed in Maharashtra on the occasion of Chhatrapati Shivaji Maharaj Jayanti.
- Feb. 20: Banks will be closed in Arunachal Pradesh and Mizoram for State Day/Statehood Day.
- Feb. 23: In Jharkhand, banks will be shut for the Municipal (General) Election 2026.
Banking holidays are announced each year by the RBI in accordance with the Negotiable Instruments Act, 1881. Along with nationwide closures, banks also observe holidays under the Negotiable Instruments Act, which includes observances linked to account-closing days and Real-Time Gross Settlement (RTGS) operations. Essential services such as UPI transactions and online banking remain open on these occasions.
Local festivals and regional events lead to different holiday lists across states.
As per the RBI's official holiday calendar, there are a total of 11 bank holidays in March, including Ram Navami, Eid-Ul-Fitr, Mahavir Jayanti and Holi.
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