Bank Holidays Next Week: Full RBI Schedule for February 2026
The Reserve Bank of India (RBI) has officially released its holiday calendar for February 2026, detailing nine days when banks across the nation will remain closed. This includes the standard weekend closures for the second Saturday, fourth Saturday, and all Sundays. For the upcoming week, specifically, banks will observe holidays on February 14 (Saturday) and February 15 (Sunday).
Understanding the Weekend Holiday Pattern
In accordance with RBI guidelines, banks typically operate on the first, third, and fifth Saturdays of each month, unless a specific public or regional holiday is declared. The second and fourth Saturdays are designated as holidays, along with all Sundays. This structured approach ensures consistency in banking operations while accommodating weekend breaks.
It is important to note that Mahashivratri falls on February 15, 2026, which coincides with the Sunday holiday. As a result, banks will already be closed on that day, regardless of the festival's observance in certain regions.
Regional Variations and State-Specific Holidays
While the RBI provides a nationwide framework, holidays can vary across states due to local and regional requirements. For instance:
- February 18: Banks in Gangtok, Sikkim, will be closed for Losar, the Tibetan New Year celebration, featuring traditional masked dances known as 'Losar Cham'.
- February 19: A bank holiday in Mumbai, Nagpur, and Belapur, Maharashtra, marks Chhatrapati Shivaji Maharaj Jayanti, honoring the birth anniversary of the revered warrior and ruler.
- February 20: Banks in Aizawl (Mizoram) and Imphal (Manipur) will observe State Day / Statehood Day, commemorating the states' formation on January 21, 1972.
To avoid any inconvenience, customers are advised to verify holiday schedules with their local bank branches, as regional differences may apply.
Banking Services During Holidays
Even when physical branches are closed, several banking services remain accessible:
- Online and Mobile Banking: Most digital services, including app-based transactions and UPI payments, function normally unless technical maintenance is announced.
- ATM Withdrawals: ATMs are operational for cash emergencies, allowing withdrawals and balance inquiries.
- Limitations: Transactions involving negotiable instruments, such as cheques and promissory notes, are not processed on holidays, as per the Negotiable Instruments Act overseen by the RBI.
Complete February 2026 Bank Holiday List
Here is the full schedule of bank holidays for February 2026, as per the RBI calendar:
- February 1: Sunday – Pan India holiday
- February 8: Sunday – Pan India holiday
- February 14: Saturday – Second Saturday holiday (Pan India)
- February 15: Sunday – Pan India holiday (coincides with Mahashivratri)
- February 18: Wednesday – Losar holiday in Gangtok, Sikkim
- February 19: Thursday – Chhatrapati Shivaji Maharaj Jayanti in Mumbai, Nagpur, Belapur, Maharashtra
- February 20: Friday – State Day / Statehood Day in Aizawl, Mizoram and Imphal, Manipur
- February 22: Sunday – Pan India holiday
- February 28: Saturday – Fourth Saturday holiday (Pan India)
By staying informed about these holidays, customers can plan their financial activities effectively, ensuring preparedness for emergencies or long weekends. The RBI's annual calendar, mandated under banking regulations, provides a reliable reference for all public and private sector banks, including the State Bank of India (SBI).
