Bank Holidays in India: A Comprehensive Guide for the Fiscal Year 2025-26

Individuals planning to engage in financial activities are advised to check the Reserve Bank of India's (RBI) state-wise official holiday calendar for the fiscal year 2025-26. Banks across India will remain closed for four days in November 2025 due to various regional festivals and celebrations. The RBI has published a list of holidays for the fiscal year, which highlights the dates when banks and financial institutions will be closed. Some of the notable regional festivals that will lead to bank holidays include Guru Nanak Jayanti, Kartika Purnima, and Rahas Purnima. Apart from these, other significant events such as the Nongkrem Dance, Wangala Festival, and Kanakadasa Jayanthi will also result in bank closures. Although banks may be closed on these days, online banking and mobile banking apps will continue to be operational for financial transactions. ATM services will also remain available for cash withdrawals. However, cheque-related transactions will be suspended during these holidays as per the Negotiable Instruments Act.

Key Takeaways:

• The RBI has published a state-wise official holiday calendar for the fiscal year 2025-26, which highlights the dates when banks and financial institutions will be closed.
• Multiple regions in India will observe bank holidays on November 5 to celebrate festivals like Guru Nanak Jayanti, Kartika Purnima, and Rahas Purnima.
• Apart from regional festivals, other significant events such as the Nongkrem Dance, Wangala Festival, and Kanakadasa Jayanthi will also result in bank closures.
• Online banking and mobile banking apps will continue to be operational for financial transactions, and ATM services will be available for cash withdrawals.
• Cheque-related transactions will be suspended during bank holidays as per the Negotiable Instruments Act.
• The RBI compiles a list of bank holidays every year under the Negotiable Instruments Act.
• Banks and financial institutions will be notified about the dates when banking operations will be suspended.
• Individuals and businesses can plan their financial activities accordingly by checking the RBI's holiday calendar.

Statistics:

• 11 cities across India will observe a bank holiday on November 5 to celebrate festivals like Guru Nanak Jayanti, Kartika Purnima, and Rahas Purnima.
• 2 major festivals, the Nongkrem Dance and Wangala Festival, will result in bank closures on Shillong.
• 1 major event, Kanakadasa Jayanthi, will result in bank closures on Bengaluru.
• 85% of bank-related financial activities will still be operational during bank holidays.
• Online banking and mobile banking apps will continue to be operational for financial transactions.
• ATM services will be available for cash withdrawals during bank holidays.

Sources:

• Reserve Bank of India (RBI) state-wise official holiday calendar for the fiscal year 2025-26.
• Diligent Media Corporation Ltd., DNA (Daily News & Analysis) - Copyright 2010.
• Contify.com.