Bank holidays next week: Are banks closed for second Saturday this weekend? Check full RBI calendar here
Bank holidays next week: Banks across India will be closed on two days next week, for second Saturday and Sunday weekend holidays, on 14 and 15 February, respectively.
Notably, the Indian central bank has listed around nine holidays during the month for all public and private lenders, including the State Bank of India (SBI). This includes the weekend holidays for second Saturday, fourth Saturday, and all Sundays.
Unless a specific public or regional holiday is declared, banks remain open on the first, third and fifth Saturdays of each month.
Banks closed: What you can and cannot do
- You can continue to use online or mobile banking services even on national holidays — unless notified to users for technical or other reasons.
- For cash emergencies, ATMs are open for withdrawals, app and UPI function as usual.
All of the bank’s annual holiday calendar is declared by the Reserve Bank of India (RBI) under provisions of the Negotiable Instruments Act, which deals with the issuance of cheques and promissory notes. Transactions involving these instruments are thus not available during these listed holidays.
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