Across several states in India, banks will be observing closures for up to three consecutive days due to a combination of regional holidays and regular weekend breaks. This situation arises primarily from the observance of the Rath Yatra festival in certain states, followed immediately by the fourth Saturday and Sunday, which are standard non-working days for banks nationwide.
The states where banks will be closed on Friday, June 27, 2025, for Rath Yatra include Odisha and Manipur. However, it's important to note that this holiday is not observed in most other states, meaning banking operations will continue as usual in those regions. Following this, all banks across India will be closed on Saturday, June 28, 2025, (Fourth Saturday) and Sunday, June 29, 2025, as per the standard banking calendar. In Mizoram, banks will remain closed on June 30, 2025, for Remna Ni, also known as Peace Day.
This series of closures may lead to a temporary standstill in many routine banking activities within the affected states. Customers should anticipate potential delays in services such as loan disbursements and cheque clearances, particularly those dependent on branch-based processing.
To mitigate any inconvenience, individuals are encouraged to leverage digital banking services for urgent transactions. Online banking platforms and mobile applications will continue to provide access to essential services like fund transfers, bill payments, and account monitoring, even during the holidays. It is also advisable to plan banking activities in advance, ensuring that any critical tasks are completed before the holiday period begins.
The Reserve Bank of India (RBI) plays a crucial role in determining bank holidays, taking into account both national and regional factors. This can lead to variations in the holiday calendar from one state to another. While national holidays like Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2) are uniformly observed across the country, many holidays are specific to individual states, reflecting their unique cultural and religious diversity. In addition to these scheduled holidays, banks are closed on the second and fourth Saturdays of each month, with Sundays being regular সাপ্তাহিক offs.
Customers should always check official announcements and notifications from the RBI and their respective state governments to stay informed about any updates or revisions to the holiday calendar. Awareness of these holiday schedules enables better planning and management of financial activities, minimizing disruptions and ensuring a smoother banking experience.
