February 20, Bank Holiday: The month of February is almost ending but not with a few holidays still ahead. Government offices, banks, stock exchanges, and other institutions will/might be closed on most of these holidays.
According to the Reserve Bank Of India's annual holiday calendar, banks will remain closed in the northeastern states of Mizoram and Arunachal Pradesh on Feb. 20. The day marks the anniversary of these two states getting full statehood.
Arunachal Pradesh was granted statehood on February 20, 1987, following its transition from the North-East Frontier Agency (NEFA) under the 53rd Amendment of the Indian Constitution. Similarly, Mizoram was granted full statehood on February 20, 1997, also through the 53rd Amendment.
On the days of bank holidays, one will not be able to carry out transactions or paperwork that require an in-person visit to the banks. While the RBI puts out a list on its official website, it is recommended that you check with your nearest branch regarding the bank holiday to avoid any last-minute panic. However, internet banking, UPI and other related activities will continue to function as usual.
List Of Bank Holidays in February
The RBI's holiday calendar lists a total of eight public holidays across different parts of India in February. Of these, five have already passed including Chhatrapati Shivaji Maharaj Jayanti which was yesterday. Here's a list of the remaining holidays in February.
Statehood Day/State Day: Feb.20 (Mizoram, Arunachal Pradesh)
Mahashivratri: Feb. 26
Losar: Feb. 28 (Sikkim)
In the next week, a major public holiday will be observed in many states of India on account of the festival of Mahashivratri on Feb. 26. Nearly a dozen states and union territories, including Himachal Pradesh, Odisha, Punjab, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala, Chhattisgarh, Jharkhand, Mizoram, Maharashtra, Haryana, Uttarakhand, and Karnataka will observe a holiday on this day.
On the last day of February, a bank holiday will be observed in Sikkim to celebrate Losar, which marks the Tibetan New Year. As per the RBI's directive, all scheduled and non-scheduled banks also observe public holidays on the second and fourth Saturdays of all months.
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