Bank Holidays on Feb 28 and March 1 2026: RBI Confirms Weekend Closures Across India

Banks across India will remain closed on February 28, 2026 (fourth Saturday) and March 1, 2026 (Sunday) due to regular weekend holidays. These closures apply to both public and private sector banks, including the State Bank of India.

As per the official holiday calendar issued by the Reserve Bank of India (RBI), there are a total of 9 bank holidays in February 2026. This includes the second Saturday, the fourth Saturday and all Sundays.

Banks remain open on the first, third and fifth Saturdays unless there is a specific regional or public holiday.

What Services Will Be Available?

Even on bank holidays, customers can continue using online banking and mobile banking services unless banks notify otherwise for technical reasons. ATMs will remain operational for cash withdrawals, and digital payment platforms like UPI and banking apps will function as usual.

However, transactions involving cheques and promissory notes will not be processed on holidays, as the RBI’s holiday calendar is declared under the Negotiable Instruments Act.

List of Upcoming Bank Holidays in February 2026

Here are the key bank holidays in February 2026:

• February 28 (Saturday): Fourth Saturday (Pan-India)

Since bank holidays may vary by state due to local festivals and events, customers are advised to check with their nearest branch for confirmation.

Read More: Stock Market Holidays in February 2026: BSE and NSE Trading Schedule!

Conclusion

Banks will remain closed nationwide on February 28 and March 1 due to the fourth Saturday and Sunday weekend. While branch services will not be available, digital banking, ATMs and online transactions will continue to operate normally. It is advisable to plan important banking activities in advance to avoid inconvenience.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.