Budget 2025: Are banks open on February 1? Check out complete list of February holidays

Are banks open on Budget 2025 Announcement Day: Finance Minister Nirmala Sitharaman is set to present the country’s general budget on February 1, 2025. Although the day falls on a Saturday, the stock market will remain open for the budget announcement. Many people are wondering whether banks will be open that day. If you're one of them and unsure whether banks will be closed in your city, here’s what the Reserve Bank of India (RBI) calendar says.

Are Banks Open on Budget 2025 Announcement Day?

According to the RBI rules, banks across India remain closed on the second and fourth Saturdays of each month, as well as on all Sundays. Since February 1 is the first Saturday of the month, banks will be open.

Complete List of Bank Holidays in February 2025:

Here’s the full list of bank holidays in February 2025, as per the RBI calendar:

- February 2, 2025: Sunday
- February 3, 2025: Saraswati Puja (Agartala)
- February 8, 2025: Second Saturday
- February 9, 2025: Sunday
- February 11, 2025: Thai Poosam (Chennai)
- February 12, 2025: Guru Ravidas Jayanti (Shimla)
- February 15, 2025: Lui-Ngai-Nee (Imphal)
- February 16, 2025: Sunday
- February 19, 2025: Chhatrapati Shivaji Maharaj Jayanti (Belapur, Mumbai, Nagpur)
- February 20, 2025: Statehood Day (Aizawl, Itanagar)
- February 22, 2025: Fourth Saturday
- February 23, 2025: Sunday
- February 26, 2025: Mahashivratri (Across most of India)
- February 28, 2025: Losar (Gangtok)

Bank Holidays May Vary by State

It’s important to note that bank holidays vary across states. According to the RBI, each state has its own list of holidays. You can find the complete, state-specific list of bank holidays on the official RBI website.

Online Banking Will Still Be Available

Even if banks are closed on holidays, you won’t face any disruptions. With most banking services now available online, you can continue managing your banking tasks from home, even on holidays.