Banks will remain closed in Maharashtra on Thursday, February 19, on the occasion of Chhatrapati Shivaji Maharaj Jayanti. This is the reason why this will be a bank holiday for all government and private banks including SBI, HDFC Bank, ICICI Bank, PNB and Axis Bank. Bank holidays are decided by the Reserve Bank of India, where banks follow the bank holiday calendar of RBI which is released at the beginning of every year. If you are also planning to go to the bank on 19th February, then check the list of bank holidays once again.
bank holidays in india
Bank holidays may vary from region to region. For example, tomorrow is a bank holiday in Mumbai and the rest of Maharashtra on Chhatrapati Shivaji Maharaj Jayanti, while branches in other parts of India will remain open. RBI divides bank holidays into regional and national holidays. On regional holidays, banks remain closed in specific areas and states where people celebrate certain festivals and special occasions. On national holidays, there are bank holidays for all banks across India. Apart from this, banks remain closed on the second and fourth Saturdays of the month and all Sundays.
Chhatrapati Shivaji Maharaj Jayanti
Chhatrapati Shivaji Maharaj Jayanti is celebrated every year on 19 February, and the state of Maharashtra celebrates it with great pomp and show. Shivaji Maharaj was the founder of the Maratha Empire, and remains an icon of Maharashtra and all of India.
This day is celebrated to honor the birth of the founder of the Maratha Empire, who was born in Pune in 1630. The day promotes his values of courage, justice and patriotism, inspiring millions of people, especially in Maharashtra. The celebration of Shivaji Maharaj Jayanti started in Pune and is said to have been started by Mahatma Phule in 1870. Later, it was promoted by Bal Gangadhar Tilak in 1895.
This day is not just a celebration of the birth anniversary of Shivaji Maharaj, but also a day to cherish and spread the thoughts and values of Shivaji Maharaj, which include courage, strategic thinking, justice, religious tolerance, patriotism, public welfare, empowerment of people.
bank holidays in february
- 1 February – Sunday – Holiday across India for Sunday weekend.
- 8 February – Sunday – Holiday across India for Sunday weekend.
- 14 February – Saturday – Holiday across India due to second Saturday.
- 15 February – Sunday – Holiday across India for Sunday weekend.
- 18 February – Wednesday – Bank holiday in Gangtok, Sikkim for Losar. Celebrated by the Tibetan community, Losar means New Year and is part of the New Year celebrations in the state.
- February 19 — Thursday — Bank holiday in Mumbai, Nagpur and Belapur in Maharashtra on the occasion of Chhatrapati Shivaji Maharaj Jayanti, when people celebrate the birth anniversary of one of India’s greatest warriors and rulers and remember his legacy.
- 20 February — Friday — Bank holiday in Aizawl (Mizoram), Imphal (Manipur) due to Statehood Day / State Foundation Day celebrations.
- 22 February – Sunday – Holiday all over India due to Sunday weekend.
- 28 February – Saturday – Holiday throughout India due to the fourth Saturday.