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Bank Holidays February 2021: RBI says Banks to stay closed on THESE days | Check state-wise lists

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Image Source : PTI Bank Holidays February 2021: RBI says Banks to stay closed on THESE days | Check state-wise lists
Bank Holiday February 2021: The Reserve Bank of India (RBI) has introduced the checklist of banks’ holidays within the month of February, 2021. In this month, banks will stay closed for a minimum of 12 days, together with 4 Sundays, two Saturdays. Of these, six holidays might be noticed at totally different areas in February.

However, on this month, there isn’t a nationwide vacation on which banks throughout the nation will stay closed. Several events like Chhatrapati Shivaji Maharaj Jayanti, Md Hazrat Ali beginning anniversary, Basant Panchami, and so forth might be celebrated within the month of February on account of which banks will stay closed. 

The financial institution will stay closed underneath three brackets –Holiday underneath Negotiable Instruments Act; Holiday underneath Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

However, some financial institution holidays could differ from state to state. Even because the financial institution branches will stay closed, prospects can nonetheless full transactions by way of on-line modes. Mobile and web banking will stay useful as regular.

List of Bank Holidays in February 2021

12 February 2021: Friday – Sonam Losar – Sikkim
13 February 2021: Second Saturday
15 February 2021: Monday – Louis Nagai Ni – Manipur
16 February 2021: Tuesday – Vasant Panchami – Haryana, Odisha, Punjab, Tripura and West Bengal
19 February 2021: Friday – Chhatrapati Shivaji Maharaj Jayanti – Maharashtra
20 February 2021: Saturday – Arunachal and Mizoram State Day – Arunachal and Mizoram
26 February 2021: Friday – Hazrat Ali Jayanti – Uttar Pradesh
27 February 2021: Fourth Saturday, Guru Ravidas Jayanti – Chandigarh, Himachal Pradesh, Haryana and Punjab
Also Read: RBI cancels licence of THIS Maharashtra-based financial institution, all operations prohibited. Check particulars
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