Out of 10 February holidays, banks will be closed for 6 days on account of Sunday, second and fourth Saturdays and remaining 4 days will be closed due to bank festivals. This also includes locker and government holidays.

This festival will be held in February

There are festivals like Mahashivratri, Losar, Lui-Ngai-Ni in the month of February due to which banks are going to remain closed. All public, private and cooperative banks will remain closed on these holidays. However, these holidays will differ from state to state. Apart from the national holiday, the state governments also have fixed holidays, which are in those states only. Bank branches are closed only in those states on state holidays.

You can do your work online

In the month of February, when the banks will be closed, you can settle your work sitting at home through internet banking, online banking. You should do the work to go to the bank before or after these holidays.

This day will be a holiday in banks in February 2023 (Bank Holiday List on February 2023)

5 February 2023 – First Sunday – Banks will remain closed across the country

February 11, 2023 – Second Saturday – Banks will remain closed across the country

February 12, 2023 – Second Sunday – Banks will remain closed across the country

February 15, 2023 – Wednesday – Lui-Ngai-Ni – Banks will remain closed in Hyderabad

February 18, 2023 – Saturday – Banks are going to remain in Delhi, UP, Ahmedabad, Belapur, Bengaluru, Hyderabad, Kanpur, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Thiruvananthapuram on the day of Mahashivaratri.

February 19, 2023 – Third Sunday – Banks will remain closed across the country

February 20, 2023 – Monday – State Day – Banks to remain closed in Aizawl.

February 21, 2023 – Tuesday – Losar – Banks to remain closed in Gangtok.

February 25, 2023 – Fourth Saturday – Banks will remain closed across the country

February 26, 2023 – Fourth Sunday – Banks will remain closed across the country

The post Bank Holidays Alert! RBI released state wise bank holiday list for the month of February, check list of states’ holidays first appeared on Rightsofemployees.com.

Therefore, if you are postponing any important work related to the bank for the next month, then do take a look at the holidays falling in February so that you do not have to face any kind of inconvenience later.

We have brought you the complete list of how many banks will be closed in February 2023. Before knowing these, let us tell you that under the Negotiable Instruments Act 1881, State Governments, Central Government and Union Territories make a list of bank holidays. In India, there is a national holiday and a government holiday on the second and fourth Saturdays of every month. That’s why the bank remains closed on those days.

Bank Holidays in February 2023

According to the list released by the Reserve Bank of India ie RBI, banks will remain closed for seven days in February 2023.

– February 5 (Sunday) – Weekly Holiday

– February 11 (Saturday) – Weekly Holiday

– February 12 (Sunday) – Weekly Holiday

February 18 (Mahashivratri) – Banks will remain closed in some states

– February 19 (Sunday) – Weekly Holiday

– February 25 (Saturday) – Weekly Holiday

– February 26 (Sunday) – Weekly Holiday

It is a matter of relief for the common people that banks will remain closed for fewer days in February as compared to January. That means you will get more days to deal with bank related work. Banks remained closed for a total of 14 days in January.

Let us tell you that the list of bank holidays also includes national holidays and holidays given by the central and state governments. The Center observes 26 January (Republic Day), 15 August (Independence Day) and 2 October (Gandhi Jayanti) as national holidays.

The post Bank Holidays List in February 2023: How many days will banks be closed in February month, see the complete list here first appeared on Rightsofemployees.com.