Are Banks Closed on Feb 21, 2026? RBI Holiday Schedule Clarifies Saturday Banking Confusion
Many customers are often unsure whether banks operate on Saturdays, and the question has resurfaced again this week: will banks remain open on Saturday, February 21, 2026? According to the official holiday framework issued by the Reserve Bank of India, bank branches across most of the country will remain open because it is the third Saturday of the month, a day when regular banking operations continue.
Saturday Banking Rule Explained
In India, bank branch closures on Saturdays follow a fixed pattern. Financial institutions remain closed on the second and fourth Saturdays of every month, while they operate normally on the first, third, and fifth Saturdays. Since February 21 falls on the third Saturday, customers can visit branches for routine services such as deposits, withdrawals, account updates, and document verification.
This standardized schedule was introduced to streamline operations across public and private sector banks, ensuring uniformity nationwide. However, confusion often arises because many people assume all Saturdays are non-working days for banks.
Upcoming Bank Holidays in Late February
Although banks will function on the third Saturday, there are two important closure dates toward the end of February:
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February 23: Bank branches in Jharkhand will remain closed due to municipal general elections. This is a state-specific holiday and will not affect banking services in other regions.
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February 28: Banks across the country will be closed because it is the fourth Saturday, a scheduled nationwide weekly holiday for bank branches.
Customers planning in-person visits should consider these dates to avoid inconvenience.
Digital Banking Will Continue Uninterrupted
Even when bank branches are closed, most essential financial services remain available. Digital platforms ensure customers can continue transactions without interruption. Services that typically stay operational include:
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ATM cash withdrawals
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UPI transfers and payments
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Mobile banking apps
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Internet banking portals
This means routine financial activities such as fund transfers, bill payments, or balance checks can still be completed despite branch closures.
How Bank Holidays Are Determined
Bank holidays in India are decided under regulatory guidelines issued by the central banking authority. These holidays fall into three main categories:
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National holidays observed across the country
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State-specific holidays linked to regional festivals, elections, or local observances
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Weekly closures such as second and fourth Saturdays and all Sundays
Because of these variations, bank holiday dates can differ from state to state. Customers are advised to verify local branch schedules before planning time-sensitive banking work.
March Expected to Have More Bank Holidays
Compared with February, the upcoming month of March is likely to see a higher number of bank holidays due to several major festivals and observances. Banking operations could remain closed for up to 11 days in certain states, depending on regional holiday calendars. Since these dates vary by location, checking city-specific holiday lists in advance can help customers avoid last-minute disruptions.
Customer Advisory
Financial experts recommend completing urgent branch-related tasks—such as document submissions, cheque clearances, or account updates—well before scheduled holidays. Planning ahead is particularly important for businesses, traders, and individuals who rely on physical banking services.
Bottom Line:
Banks across India will remain open on Saturday, February 21, 2026, as it is the third Saturday of the month. However, customers should note upcoming closures on February 23 in Jharkhand and February 28 nationwide. Verifying local holiday schedules and using digital banking tools can ensure smooth financial transactions without delays.
