Bank Holiday: Will banks be closed today 28th February? Know ASAP

Bank Holiday: Will banks be closed today, Saturday 28th February? Most people are confused about whether banks will be open on Saturday or not. Todau, 28th February is the fourth Saturday of the month. Banks remain closed on fourth Saturdays. 

In India, bank branches remain closed on the second and fourth Saturdays of every month. Therefore, there will be no work in bank branches across the country on this day. However, even when banks are closed, essential services for customers will continue. Cash can be withdrawn from ATMs. UPI, mobile banking and internet banking services will also remain operational. That means, there will be no impact on digital transactions.

Bank holidays in India are determined by the Reserve Bank of India (RBI). This calendar is issued under the Negotiable Instruments Act, 1881. Some holidays apply nationwide, while others are for state-specific festivals or local occasions. Customers are advised to complete important banking transactions well in advance. Also, check the holiday information of their city branch in advance to avoid any inconvenience.

March Bank Holidays 2026

In March 2026, there will be a plethora of festivals to celebrate. Key festivals include Holi, Eid, Ugadi, Gudi Padwa, Ram Navami, and Mahavir Jayanti. Due to these festivities, banks will be closed for several days in various states. If you plan to visit a bank for any urgent matters, make sure to verify your state’s holiday schedule beforehand.

Across the nation, banks are closed on the second and fourth Saturdays of each month. In March 2026, banks will be shut down throughout India on March 14th, the second Saturday, and March 28th, the fourth Saturday.

On March 3 and 4, banks will be closed in multiple states in observance of Holi. States like Bihar, Uttarakhand, Uttar Pradesh, Assam, Rajasthan, and Maharashtra will have a holiday for Holi. Additionally, banks in Delhi, Gujarat, Madhya Pradesh, and Chhattisgarh will also be closed on March 4 due to the celebration.

On March 21st, banks will be closed in several states for Ramadan Eid, also known as Eid al-Fitr. This includes states such as Delhi, Uttar Pradesh, Bihar, Gujarat, Karnataka, Tamil Nadu, Rajasthan, West Bengal, Jharkhand, Assam, and others.

On March 19th, banks will be closed in Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra, and Goa for Ugadi and Gudi Padwa. Many states will see bank closures on March 26th and 27th for Sri Rama Navami. Furthermore, on March 31st, banks in Delhi, Bihar, Gujarat, Karnataka, Tamil Nadu, Maharashtra, and other states will be closed for Mahavir Jayanti.

Additionally, banks in Jammu and Kashmir will be closed on March 17 for Shab-e-Qadr and on March 20 for Jumat-ul-Wida. In Mizoram, banks will be closed on March 13 for Chapchar Kut, and in Manipur, they will be closed on March 19 for local festivities.