India

Indian Bank Holidays in February 2022

Indian public and private banks will be closed on 11 days including the second and fourth Saturdays and Sundays in January 2022, owing to festivals.

According to the Reserve Bank of India (RBI) guidelines, banks remain closed on all public holidays but there are some holidays that are regional, i.e. restricted to certain states only. Regional holidays are decided by respective state governments.

Full list of Bank Holidays in Febuary 2022

DateDayHolidayStates
February 2WednesdaySonam LochharSikkim
February 5SaturdayVasant Panchami/ Saraswati PoojaWest Bengal, Tripura, Odisha
February 6SundayNationwide
February 12SaturdaySecond SaturdayNationwide
February 13SundayNationwide
February 15TuesdayBirthday of Md. Hazrat Ali /Lui-Ngai-NiManipur, Uttar Pradesh
February 16WednesdayGuru Ravi Das Ji BirthdayPunjab
February 19SaturdayChhatrapati Shivaji Maharaj JayantiMaharashtra
February 20SundayNationwide
February 26SaturdayFourth SaturdayNationwide
February 27SundayNationwide

The Reserve Bank of India grants holidays to the bank under three categories that include Banks’ Closing of Accounts, Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act, and Real-Time Gross Settlement Holiday.

Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of January 2022. However, readers are advised to verify with their local branches to corroborate the same.

Toby

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