Are banks closed today, February 17?

Banks in India are closed on national and public holidays depending on the state. In India banks are closed on Sundays, second and fourth Saturdays of the month, according to the RBI guidelines. While banks will work as usual on first, third and fifth in some cases.

Many individuals keep their banking work to be done on Saturday, and they are not sure if the coming Saturday is a working Saturday or not for banks.

Is it a bank holiday this Saturday on February 17

No. It is not a bank holiday this Saturday on February 17, 2024. Banks will work as per their regular timings. While, next Saturday that is February 24 will be a working day for banks.

Bank holidays in February

The holidays are categorised into three groups by the Reserve Bank of India (RBI). - Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

Also read: Bank holidays in February 2024: Banks to be closed for 10 days across various states; check state-wise list

Banks will be closed in few states on the occasion of Losar, Basanta Panchami/Saraswati Puja (Shree Panchami), Lui-Ngai-Ni, Chhatrapati Shivaji Maharaj Jayanti, State Day/Statehood Day, Nyokum in February 2024.

• February 19: Chhatrapati Shivaji Maharaj Jayanti: Banks are closed in Maharashtra.
• February 20: State Day/Statehood Day: Banks are closed in Mizoram.
• February 26: Nyokum: Banks are closed in Arunachal Pradesh.

February 2024	10	14	15	19	20	26
Agartala		•
Ahmedabad
Aizawl					•
Belapur				•
Bengaluru
Bhopal
Bhubaneswar		•
Chandigarh
Chennai
Dehradun
Gangtok	•
Guwahati
Hyderabad - Andhra Pradesh
Hyderabad - Telangana
Imphal			•
Itanagar					•	•
Jaipur
Jammu
Kanpur
Kochi
Kohima
Kolkata		•
Lucknow
Mumbai				•
Nagpur				•
New Delhi
Panaji
Patna
Raipur
Ranchi
Shillong
Shimla
Srinagar
Thiruvananthapuram

Holiday Description	Day
Losar	10
Basanta Panchami/Saraswati Puja (Shree Panchami)	14
Lui-Ngai-Ni	15
Chhatrapati Shivaji Maharaj Jayanti	19
State Day/Statehood Day	20
Nyokum	26

Certain financial transactions cannot be done on bank holidays such as depositing a cheque. However, one can do many financial and non-financial transactions using net banking, mobile banking, Whatsapp banking.