- By Nidhi Giri
- Wed, 19 Feb 2025 08:08 AM (IST)
- Source:JND
Chhatrapati Shivaji Maharaj Jayanti 2025: Banks in multiple parts of India will remain closed on February 19, Wednesday, on account of Chhatrapati Shivaji Maharaj Jayanti. The birth anniversary of Chhatrapati Shivaji Maharaj is a highly revered occasion in Maharashtra, and the state celebrates it annually with a public holiday on this day. As per the Reserve Bank of India's (RBI) holiday calendar for 2025, February 19 will be a public holiday in Maharashtra. However, internet banking, UPI and other related activities will continue to function as usual. Bank operations in other Indian states will remain unaffected by this closure.
Bank Holiday On February 20
Following the Chhatrapati Shivaji Maharaj Jayanti holiday, banks will remain closed on February 20 in Mizoram and Arunachal Pradesh to celebrate the anniversary of their statehood.
Arunachal Pradesh became a state on February 20, 1987, after being moved from the North-East Frontier Agency (NEFA) through the 53rd Amendment of the Indian Constitution. Similarly, Mizoram, which was earlier a Union Territory, was granted full statehood on February 20, 1997, also through the 53rd Amendment.
Bank holidays in India are classified into three prominent segments– Holidays under the Negotiable Instruments Act, Real Time Gross Settlement Holidays, and Banks' Closing of Accounts.
Shivaji Jayanti Holiday In Schools
Known for his leadership, valor, and administrative brilliance, Chhatrapati Shivaji remains a revered figure in Indian history. Schools in Maharashtra and some other states may remain closed to honour this day.
Bank Holidays In February 2025
According to the RBI, there are eight bank holidays for the month of February. While some of these holidays are observed nationwide, others are state-specific and considered restricted holidays. State-specific holidays are declared to celebrate the culture and traditions of each state, and these vary across regions. Here’s a list of remaining bank holidays in February 2025:
Chhatrapati Shivaji Maharaj Jayanti:
Feb 19 (Maharashtra)
Statehood Day/State Day:
Feb 20 (Mizoram, Arunachal Pradesh)
Mahashivratri:
Feb 26 (Gujarat, Mizoram, Maharashtra, Haryana, Uttarakhand, Karnataka, Madhya Pradesh, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala, Chhattisgarh, Jharkhand, Himachal Pradesh, Odisha, Punjab, Andhra Pradesh, Telangana)
Losar:
Feb 28 (Sikkim)
In addition to the public holiday, banks across India remain closed on the second and fourth Saturdays and all the Sundays of the month.
Mahashivratri 2025 Bank Holiday
A public holiday will be observed in most states on February 26 for Mahashivratri, an annual Hindu festival dedicated to the deity Shiva. According to the RBI’s holiday calendar, all states except Tripura, Tamil Nadu, Sikkim, Assam, Manipur, Arunachal Pradesh, Nagaland, and West Bengal will observe a holiday on this day, meaning banks will also remain closed in these states.