Stock Market News

Bank Holiday Today: Are Banks Open on August 16 for Janmashtami?

The festival of Janmashtami on Saturday, August 16, 2025, has led to a long weekend for banks in several Indian states. Banks in these regions will remain closed on August 16 (Janmashtami) and August 17 (Sunday), giving customers two consecutive non-working days.

However, not every state has declared Janmashtami as a bank holiday. This means bank branches in some regions will continue to function as per their usual working hours. Customers are advised to check their state’s holiday list or confirm with their bank about the branch status before planning a visit.

Two-Day Break in Banking Services

In states where banks are observing the festival, the back-to-back holidays will create a two-day pause in physical banking services.
This means customers will not be able to:

Digital Banking Services to Continue

While physical branches remain shut in some states, digital banking channels will be unaffected. Customers can continue to use:

  • ATMs for cash withdrawals

  • Mobile banking and internet banking for transfers and bill payments

  • UPI services for day-to-day transactions

This ensures that most essential transactions can still be carried out smoothly, despite branch closures.

Plan Your Transactions Accordingly

For customers in states where branches will be closed, financial activities dependent on physical branches will need to be shifted to Monday, August 18, 2025. It is recommended to plan deposits, cheque encashments, or other offline transactions in advance to avoid inconvenience.

Key Takeaway

Banks will remain closed on August 16 and 17 in several states for Janmashtami, but digital banking services like UPI, ATMs, and mobile banking will remain fully operational.

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Ruchika Dave

Ruchika Dave is an experienced Intraday Trader and Stock Market Analyst with a strong focus on IPOs, business news, and the Indian economy. As a Marketing Head by profession, she combines strategic expertise with deep market knowledge to deliver accurate and insightful financial analysis trusted by readers and investors alike.

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Ruchika Dave

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