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Is there a Bank Holiday in Maharashtra Today on January 29, 2026?

Written by: Akshay ShivalkarUpdated on: 29 Jan 2026, 7:17 pm IST
State mourning and office closures loom in Maharashtra today, but are banks really shut on January 29, 2026? Here’s what you need to check.
Is there a Bank Holiday in Maharashtra Today on January 29, 2026?
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The Maharashtra government has declared a three‑day official mourning period following the sudden death of Deputy Chief Minister Ajit Pawar in a plane crash. The state administration announced immediate public holidays for government offices, resulting in closures across Maharashtra.

Schools, however, will remain open on Thursday and Friday as per the state’s instructions. With the announcement creating uncertainty, many residents are seeking clarity on whether banks in Maharashtra will remain operational on January 29, 2026, and January 30, 2026.

State Declaration of Mourning and Public Holidays

The Maharashtra government initiated a three‑day official mourning period as a mark of respect after Ajit Pawar’s unexpected passing in a plane crash. State government offices were instructed to remain closed for all three days.

Schools, however, were directed to stay open on Thursday and Friday, indicating partial continuation of public services. The announcement led to questions among citizens regarding the operational status of banks in the state during this period.

Bank Operations Under RBI’s Framework

Nationalised banks operate strictly under the Reserve Bank of India’s (RBI) approved holiday calendar. As of the announcement, the RBI has not issued any additional banking holiday for Maharashtra for January 29, 2026 or January 30, 2026.

The absence of such a notification means that nationalised banks are expected to function normally. The state government’s circular also did not include directives instructing nationalised banks to close on Thursday or Friday.

Local-Level Bank Closures And Administrative Disruptions

While nationalised banks are guided by RBI notifications, certain banks functioning under state administration may observe closures depending on local instructions. Local disruptions may occur in regions where administrative arrangements are affected due to the ongoing last rites of Ajit Pawar in Baramati.

These disruptions are determined regionally and may result in temporary branch closures. Customers may therefore face restricted access to certain branches based on local administrative decisions.

Read More: February 2026 Bank Holiday, Check the Complete List of Holidays.

Conclusion

Following Ajit Pawar’s passing, Maharashtra initiated a three‑day mourning period and closed state government offices, but nationalised banks remain governed by the RBI’s unchanged holiday list. While banks under state administration may close depending on local circumstances, nationalised banks are expected to operate normally on January 29 and January 30, 2026.

Localised disruptions may still occur, especially around Baramati due to ceremonial events. Customers are advised to confirm local updates before scheduling branch visits.

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/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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Jan 29, 2026, 1:46 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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