Tue Sep 02 18:40:00 UTC 2025: ## Indian Banks to Observe Five-Day Closure Next Week Due to Festivals
**New Delhi, [Date – Assume the article is being published today, August 31st, 2025]** – Banks across several Indian cities will remain closed for five days between September 1st and 7th, 2025, due to various regional and religious festivals, according to the Reserve Bank of India’s (RBI) official holiday calendar for the fiscal year 2025-26.
The RBI’s state-wise holiday list dictates that public and private banks will observe closures for Karma Puja, First Onam, Id-E-Milad, Thiruvonam, and Indrajatra. While the specific holidays and affected states will vary, the impact will be felt across the nation.
“Customers planning any banking-related activities should consult the holiday list and plan accordingly to avoid any inconvenience,” advised an RBI spokesperson. “As holidays differ based on local observances, individuals are encouraged to verify the schedule with their local bank branch.”
The RBI mandates that the first, third, and fifth Saturdays of each month are working days for banks.
Despite the branch closures, online and mobile banking services will remain operational. ATMs will also be available for cash withdrawals, and digital payment methods like UPI will continue to function normally.
The holiday schedule is declared by the RBI under the Negotiable Instruments Act, impacting transactions involving cheques and promissory notes.
While physical branch services may be limited, customers can continue to conduct their financial activities through digital platforms. For the latest banking news and market updates, download the Mint News App.
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