Bank Holiday : Will banks be closed on Saturday, February 1, 2025? Most bank customers are thinking about this question. Actually, the budget will be presented on February 1, 2025. This is the first full budget of Modi’s third term, and it will cover the entire fiscal year 2025-26. This budget will present an account of the country’s income and expenditure. Now that the country’s budget is approaching, many customers are unsure whether banks will be open on Saturdays. We’re here to tell you if there will be a bank holiday on February 1 or not.
The budget will be released on February 1; will banks close?
The budget will be released on Saturday, February 1. Let us inform you that regular banking operations will take place on the budget day, Saturday, February 1. There will be jobs in both private and public sector banks, and the branch will be open to the general public. February 1 also marks the first Saturday of the month. Banks are open on the first Saturday. Every bank branch is open. Even when banks are closed for holidays, consumers can still use ATMs, cash deposits, online banking, and mobile banking.
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List of Bank Holiday in February 2025, organised by state
Banks are closed on all national and local holidays, anniversaries, Sundays, second and fourth Saturdays of the month. Bank branches are open on the first, third, and fifth Saturdays. Banks will be closed for 14 days in February.
The RBI has announced bank holidays in February 2025 according to city and state.
Monday, February 3: Banks in Agartala will be closed for Saraswati Puja.
Tuesday, February 11: Banks in Chennai will be closed for Thaipusam.
Wednesday, February 12: Shimla banks will be closed for Sant Ravidas Jayanti.
Saturday, February 15: Imphal banks will be closed for Loi-Ngai-Ni celebrations.
On Wednesday, February 19, banks in Belapur, Mumbai, and Nagpur will be closed to commemorate Chhatrapati Shivaji Maharaj Jayanti.
On Thursday, February 20, banks in Aizawl and Itanagar will be closed in observance of State Day.
On Wednesday, February 26, banks will be closed in Ahmedabad, Aizawl, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar, and Thiruvananthapuram in observance of Mahashivratri.
Bank Holiday Weekends (Saturday and Sunday)
The weekly holiday falls on Sunday, February 2.
Saturday-Sunday, February 8 and 9: Second Saturday and weekly holiday.
The weekly holiday falls on Sunday, February 16.
Saturday and Sunday, February 22 and 23, are the fourth Saturday and the weekly holiday.
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