North India Statesman
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The general budget is going to be presented on 1 February 2025, and many banks are raising questions about this whether the banks will be closed on this day? Since this day is Saturday and due to the announcement of the budget, many people are confused whether banking services will be affected on this day or not.
If you are also thinking whether the banks will be open on 1 February 2025 or not, then in this article we will give you complete information, as well as the bank holiday list of February 2025, so that you already plan related work related to your bank. Can do
Will the banks be closed on 1 February 2025?
Will banks open on the budget day or not?
All banks will be open on 1 February 2025, Saturday. On the day of the budget, there will be regular functioning in banks and customers will be able to avail banking services in general.
Why will there not be a holiday?
- First Saturday: According to the rules of the Reserve Bank of India (RBI), all banks are open on the first and third Saturdays.
- The impact of the budget is not on banking services: The presentation of the budget does not have a direct impact on the banking services, so all the banks will continue their normal services on this day.
- Online banking services will also be active: Customers can also use ATM, online banking, and mobile banking on this day.
Banks’ holiday list in February 2025
The banks will remain closed for a total of 14 days in February 2025, including national and regional holidays. Banks are closed on Sundays, second Saturday and fourth Saturdays of every month.
State -wise Bank Holiday List (announced by RBI)
| date | Reason for leave | Closed states / cities |
|---|---|---|
| 3 February (Monday) | Saraswati Puja | Agartala |
| 11 February (Tuesday) | Thaipusam | Chennai |
| 12 February (Wednesday) | Guru Ravidas Jayanti | Shimla |
| 15 February (Saturday) | Louis-Nagai | Imphal |
| 19 February (Wednesday) | Chhatrapati Shivaji Maharaj Jayanti | Belapur, Mumbai, Nagpur |
| 20 February (Thursday) | State day | Aizawl, Itanagar |
| 26 February (Wednesday) | Mahashivratri | Ahmedabad, Bangalore, Bhopal, Chandigarh, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Srinagar, Thiruvananthapuram etc. |
| 28 February (Friday) | Losar (Tibetan New Year) | Gangtok |
Saturday and Sunday holidays in February 2025
| date | Reason for leave |
|---|---|
| 2 February (Sunday) | Weekly holiday |
| 8 February (Saturday) | Second Saturday (bank closed) |
| 9 February (Sunday) | Weekly holiday |
| 16 February (Sunday) | Weekly holiday |
| 22 February (Saturday) | Fourth Saturday (bank closed) |
| 23 February (Sunday) | Weekly holiday |
How to take benefits of banking services, when banks are closed?
If banks are closed during any holiday, you can use the following online banking options –
- Cash can withdraw from ATM.
- You can do online transactions through net banking and mobile banking.
- You can use UPI (Google Pay, PhonePe, Paytm) and Digital Wallet.
- You can make online or offline shopping using debit cards and credit cards.
