According to the Reserve Bank of India’s (RBI) list of holidays for February, banks in separate parts of the country will remain closed on select days, including Saturday and Sunday holidays. Bank remain close for 12 days from next week of February 2022.
In the month of February, Bank will be closed on occasions such as Basant Panchami and Guru Ravidas Jayanti. Banks will also remain closed in the various states due to their own festivals. In total, banks will remain closed for 12 days next month. However, not all banks in the country will remain closed for all 12 days. February 6 – First Sunday, February 12 – Second Saturday, February 13 – Second Sunday, February 20 – Third Sunday, February 26 – Fourth Saturday of the month, February 27 – Fourth Sunday.
Bank in a few states will remain closed for select days while banks in other states will remain shut on other days, as holidays belong to particular states or regions.
Here’s the list of bank holidays in February 2022 from next week:
February 2 – Sonam Lhochhar (Gangtok)
February 5 – Saraswati Puja/ Shri Panchami/Shri Panchami Basant Panchami
February 6 – First Sunday
February 12 – Second Saturday
February 13 – Second Sunday
February 15 – Mohammad Hazrat Ali Birthday/Louis-Nagai-Ni (Imphal, Kanpur, Lucknow)
February 16 – Guru Ravidas Jayanti (Chandigarh)
February 18 – Doljatra (Kolkata)
February 19 – Chhatrapati Shivaji Maharaj Jayanti (Belapur, Mumbai, Nagpur)
February 20 – Third Sunday
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February 26 – Fourth Saturday of the month Bank Holidays
February 27 – Fourth Sunday
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RBI places its Holidays under three brackets Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, bank holidays vary from state to state. The holidays are also not observed by all various banking companies.
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