Last Updated on February 13, 2025 by IPO Manthan Team
Banks in Belapur, Mumbai, and Nagpur will remain closed on 19th February 2025 for Chhatrapati Shivaji Maharaj Jayanti. The day, also known as Shiv Jayanti, is a public holiday in Maharashtra, honoring the birth anniversary of the great Maratha warrior.
Bank Holiday on 19th February 2025
The bank holiday on 19th February 2025 will be observed only in select regions of Maharashtra. While banking services in other parts of India will function as usual, customers in the affected areas should plan their transactions accordingly.
Although banks will remain closed, online banking services will continue to operate. Customers can use mobile banking, ATMs, and UPI payments for financial transactions on this day.
The stock markets in India will remain open on 19th February 2025. However, there may be a settlement holiday, meaning certain transactions might be processed on the next working day.
Apart from the bank holiday on 19th February 2025, stock markets in other Asian countries, such as Japan, China, Korea, and Taiwan, will be open. US stock markets, including the NYSE and Nasdaq, will also operate normally, having observed a holiday on 17th February for Presidents’ Day.
Bank holidays are declared based on regional significance and can vary from state to state. The next major bank holiday in India after 19th February 2025 will be on 26th February for Maha Shivaratri.
People in Belapur, Mumbai, and Nagpur should complete their important banking tasks in advance. While offline banking services will be unavailable, digital banking options will help ensure uninterrupted transactions.