Banks across India will observe closures on February 12, 2025, for Guru Ravidas Jayanti, with some locations also affected by local elections. This festival commemorates the birth of Guru Ravidas, significant within the Bhakti movement. The holiday's observance will vary by state, leading to diverse impacts on bank operations.
The Delhi government has officially declared February 12 as a public holiday for all government and public sector offices. The General Administration Department notified, “The Lt. Governor of National Capital Territory of Delhi is pleased to declare Wednesday, the 12th February 2025 as a Holiday in all Government Offices, Autonomous Bodies & Public Undertakings... on account of Guru Ravidas Jayanti.” Meanwhile, it remains uncertain if banks across Delhi will close; the Reserve Bank of India (RBI) has yet to confirm this detail.
Other regions, such as Himachal Pradesh, also set to observe the holiday, will see physical bank branches close their doors. This closure allows citizens and bank employees alike to observe the festival or participate in local elections as the state emphasizes the importance of voting.
Specifically, banks will also be closed in Aizawl due to scheduled local elections. A notification from the General Administration Department explains, “Under Section 25 of the Negotiable Instruments Act, 1881, the Governor of Mizoram declared the 12th February 2025 (Wednesday) as Public Holiday for all Government Servants... including employees under Central/State Public Undertakings.”
Despite these closures, banking customers should not be concerned about the lack of access to some services. Digital banking operations, including UPI, internet banking, and mobile banking, will remain fully operational, enabling customers to carry out transactions at their convenience, even when branches close. It’s worth noting, though, for those who may need assistance with cash withdrawals or other transactions to plan accordingly, as these services won't be available at physical locations.
For those who rely on banking services, it's recommended to complete all necessary transactions before February 12 to avoid inconvenience. With bank holidays occurring throughout February 2025, including various regional observances, customers should familiarize themselves with their state’s bank holiday schedule.
Here’s the complete list of bank holidays for February 2025:
- February 12: Guru Ravidas Jayanti (Observed: Shimla, Aizawl, Delhi, and Uttarakhand)
- February 15: Lui-Ngai-Nee (Observed: Imphal)
- February 19: Chhatrapati Shivaji Maharaj Jayanti (Observed: Belapur, Mumbai, Nagpur)
- February 20: Statehood Day (Observed: Aizawl, Itanagar)
- February 22: Fourth Saturday (Nationwide closure)
- February 26: Mahashivratri (Observed across many states)
- February 28: Losar (Observed: Gangtok)
Due to the nature of bank holidays varying from state to state, customers are encouraged to check with their respective banks or visit the RBI's official website for the most accurate and up-to-date information about holidays and banking operations.