As we bid farewell to January and welcome the leap year of 2024, it’s essential to note the upcoming bank holidays in February. With a total of 29 days this time, February will witness bank branches remaining closed on 11 specific dates, impacting regular operations.
The initial three holidays fall on 4th, 10th, and 11th February. The 4th is a Sunday, followed by the second Saturday on the 10th, and another Sunday on the 11th. Additionally, the festival of Losar, celebrated in Gangtok, coincides with the 10th of February.
Moving ahead, the next set of holidays include the celebration of Basant Panchami or Saraswati Puja on 14th February. While banks in West Bengal, Tripura, and Orissa will observe a holiday, Manipur will remain closed on the 15th due to Louis-Lagai-Ni. The 18th of February, being a Sunday, marks the last day in this series.
Continuing the list, Chhatrapati Shivaji Jayanti on 19th February will lead to a bank holiday in Maharashtra. Arunachal Pradesh and Mizoram will observe a holiday on the 20th, coinciding with State Day. The fourth Saturday, falling on the 24th, will also be a bank holiday.
February concludes with holidays on 25th and 26th. The 25th, being a Sunday, will see nationwide closures, while Arunachal Pradesh will observe a bank holiday on the 26th due to Nyokum.
Customers are reminded that during these closures, online banking facilities remain accessible. The Reserve Bank of India (RBI) emphasizes that different states may have varying holidays based on local beliefs and festivals. The official RBI website provides a comprehensive list, ensuring customers can plan and manage their banking needs conveniently, even on holidays.