Why Are Banks Closed on Monday, February 3?
According to the Reserve Bank of India (RBI), banks will remain closed on Monday, February 3, 2025, in select states due to Saraswati Puja and Basant Panchami. This has led to concerns among customers regarding banking services on that day.
Where Will Banks Be Closed?
All banks in Agartala will remain closed on February 3 in observance of Saraswati Puja. This festival, dedicated to Goddess Saraswati, is celebrated with devotion across India, particularly in Tripura. However, banks in other states will remain open. Customers can still access services through ATMs, online banking, and mobile banking despite the bank holiday.
Bank Holidays in February 2025 – State-wise Schedule
The RBI has released a list of bank holidays for February 2025, indicating closures based on regional festivals and observances:
- February 3 (Monday): Saraswati Puja – Banks closed in Agartala.
- February 11 (Tuesday): Thaipusam – Banks closed in Chennai.
- February 12 (Wednesday): Sant Ravidas Jayanti – Banks closed in Shimla.
- February 15 (Saturday): Loi-Ngai-Ni – Banks closed in Imphal.
- February 19 (Wednesday): Chhatrapati Shivaji Maharaj Jayanti – Banks closed in Mumbai, Nagpur, and Belapur.
- February 20 (Thursday): State Day – Banks closed in Aizawl and Itanagar.
- February 26 (Wednesday): Mahashivratri – Banks closed in major cities including Ahmedabad, Bengaluru, Bhopal, Mumbai, and more.
Weekend Bank Closures
In addition to festival-related closures, banks will remain closed on:
- February 2 (Sunday): Weekly holiday.
- February 8-9 (Saturday-Sunday): Second Saturday and weekly holiday.
- February 16 (Sunday): Weekly holiday.
- February 22-23 (Saturday-Sunday): Fourth Saturday and weekly holiday.
Customers are advised to plan their banking activities accordingly and utilize digital banking services during holidays.
