Bank Holidays in February: The first month of the new year (2023) i.e. January is about to end in the next few days. After a few days, the second month of this year i.e. February will begin. Banks are going to remain closed for many days in February as well.
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.