Are banks closed today? Find out where banking services will be suspended on Eid-e-Milad.

The Reserve Bank of India (RBI) has declared a bank holiday for today, Wednesday, August 26, 2026, for Eid-e-Milad (also known as Milad-un-Nabi or Barawafat). Consequently, banks will remain closed in several states today.

Banks will remain closed today, which is the fourth day of the week. According to the RBI's holiday list, banks will be shut in various states and Union Territories on Wednesday, August 26, due to Eid-e-Milad. Branches in several major cities will remain closed today, including Mumbai and Belapur (Maharashtra), Bengaluru, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu and Srinagar, Kanpur and Lucknow, Kochi and Thiruvananthapuram, Nagpur, New Delhi, Patna, Raipur, Ranchi, and Vijayawada.

Where will banks remain closed today?

Belapur, Nagpur, and Mumbai (Maharashtra)

Chennai (Tamil Nadu)

Hyderabad (Telangana)

Bengaluru (Karnataka)

Vijayawada (Andhra Pradesh)

Kochi and Thiruvananthapuram (Kerala)

Bhopal (Madhya Pradesh)

Dehradun (Uttarakhand)

Jammu and Srinagar (Jammu & Kashmir)

Imphal (Manipur)

Kanpur and Lucknow (Uttar Pradesh)

Patna (Bihar)

New Delhi (Delhi NCR)

Raipur (Chhattisgarh)

Ranchi (Jharkhand)

Despite the closure of bank branches, all digital and online services will remain fully operational for customer convenience. You can use UPI transfers (Google Pay, PhonePe, Paytm, etc.), net banking, mobile banking, and ATM services for financial transactions, balance checks, and bill payments. However, for over-the-counter cash transactions, cheque-related tasks, and passbook updates, you will have to wait until the banks reopen tomorrow.

What is Eid-e-Milad?

Eid-e-Milad, also known as Milad-un-Nabi or Barawafat, marks the birthday of Prophet Muhammad, the founder of Islam. This festival is celebrated on the 12th day of 'Rabi-ul-Awwal', the third month of the Islamic calendar. Eid-e-Milad holds deep religious significance for Muslims; the Arabic word 'Milad' means 'birth'.

On this day, the Muslim community reflects upon the teachings of peace, compassion, and brotherhood imparted by Prophet Muhammad. People offer prayers in mosques or at home. Gatherings known as 'Milad' are organized in many places, where stories from the Prophet's life (*Seerat*) are recounted and 'Naats' (devotional poems) are sung in his honor. It is also customary to feed the poor and needy, distribute clothes, and donate money on this day.