Bank Holiday Today, August 16, 2025: Are Banks Open or Closed for Janmashtami? Complete State-wise List

Quick Takeaway

• Today bank working or not: Depends on your state

• Today bank holiday: Yes, in 18 states for Janmashtami

• Is Janmashtami a bank holiday: Yes, but not nationwide

• Alternative options: ATMs, online banking, UPI available

• Next working day: Monday, August 19, 2025 (except states with Raksha Bandhan holiday)

Today Bank Working or Not

Today, August 16, 2025, banks are closed in Gujarat, Mizoram, Madhya Pradesh, Tamil Nadu, Uttarakhand, Sikkim, Telangana, Rajasthan, Uttar Pradesh, Jammu, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Andhra Pradesh, Chandigarh, Srinagar, and Vijayawada due to Janmashtami celebrations. However, banks remain open in Tripura, Maharashtra, Karnataka, Odisha, Assam, Manipur, Arunachal Pradesh, Kerala, Nagaland, West Bengal, New Delhi, Goa, and Himachal Pradesh.

Is Janmashtami a Bank Holiday?

Yes, Janmashtami is a bank holiday in many parts of India, but not nationwide. The exact date of the holiday differs because some states observe it according to the Smarta tradition (one day earlier) and some according to the Vaishnava tradition (a day later).

Why Banks Are Closed Today in Select States

Krishna Janmashtami, celebrating the birth of Lord Krishna, the eighth avatar of Vishnu, is one of the most significant Hindu festivals. The festival is observed on the Hindu month of Bhadrava that usually falls either in the month of August or September. Today marks this auspicious occasion in several Indian states.

Today Bank Holiday: Complete State-wise List

States Where Banks Are CLOSED Today (August 16, 2025)

States Where Banks Are OPEN Today (August 16, 2025)

Three-Day Bank Holiday Weekend: August 15-17, 2025

Banks all over India will be having a string of holidays during mid-August and thus will close for three days from August 15 to 17. Here's the complete breakdown:

August 15 (Friday) - Independence Day

All banks across the country will be shut to mark India's Independence Day, a nationwide public holiday when all banks remain shut. This is a mandatory holiday under the Reserve Bank of India's calendar.

August 16 (Saturday) - Janmashtami

Today bank holiday applies to selected states as mentioned above. Being the third Saturday of the month, banks usually operate in many states, but Janmashtami observance creates regional variations.

August 17 (Sunday) - Weekly Holiday

All banks remain closed nationwide as per the regular weekly holiday schedule.

Banking Services Available During Today's Bank Holiday

Digital Banking Options That Work Today

Even though physical branches are closed in many states, customers can still access:

ATM Services

• Cash withdrawals (subject to availability)
• Balance inquiries
• Mini statements
• PIN changes

Online Banking

• Fund transfers within the same bank
• Balance checks
• Statement downloads
• Bill payments (processing next business day)

Mobile Banking Apps

• UPI transactions
• IMPS transfers
• Mobile recharges
• Utility bill payments

Digital Wallets

• Google Pay
• PhonePe
• Paytm
• BharatPe

Services NOT Available Today in Closed States

Physical branch transactions, such as depositing cash, encashing cheques, or updating passbooks, will not be possible. These services include:

• Cash deposits at branches
• Cheque deposits at counters
• Demand draft issuance
• Locker access
• Passbook updates
• New account opening
• Loan processing at branches
• NEFT/RTGS transactions (delayed until next working day)

Today Bank Working or Not: Impact on Different Banking Operations

Cheque Clearing

Cheque clearing services will be affected in states observing the holiday. Any cheques deposited today in these states will be processed on the next working day, which is Monday, August 19, 2025.

NEFT/RTGS Transactions

The National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems operate based on RBI working days. In states where banks are closed today, these services will resume on Monday.

Direct Deposits and Salary Credits

Any scheduled direct deposits or salary credits for today will be processed on the next working day in states observing the holiday.

RBI Holiday Calendar: August 2025 Overview

As per the Reserve Bank of India (RBI) holiday calendar, there are 15 bank holidays in August 2025, which differ from state to state. Major holidays this month include:

Planning Your Banking: Tips for Long Weekends

Before a Bank Holiday Weekend:

• Withdraw sufficient cash - ATMs may run dry during long weekends
• Complete urgent transfers - Process NEFT/RTGS before cutoff times
• Deposit cheques early - Avoid delays in clearing
• Update passbooks - Get recent transaction records
• Schedule EMI payments - Ensure sufficient balance for auto-debits

Alternative Banking Solutions:

• Use 24x7 IMPS for urgent transfers
• Leverage UPI for instant payments
• Visit banks in neighboring states if urgent
• Use banking correspondents in rural areas
• Contact customer service for phone banking

Bank Holiday, August 16, 2025 - FAQs

Q1: Today bank working or not in Mumbai?
A: Banks are OPEN today in Mumbai, Maharashtra. The state does not observe Janmashtami as a bank holiday on August 16, 2025.

Q2: Is Janmashtami a bank holiday across India?
A: No, Janmashtami is a bank holiday in many parts of India, but not nationwide. It varies by state based on local traditions and RBI guidelines.

Q3: Can I use ATMs today during the bank holiday?
A: Yes, ATMs remain operational 24x7, though cash availability might be limited during long weekends.

Q4: Will my online transfer work today?
A: Intra-bank online transfers work instantly. However, inter-bank transfers through NEFT/RTGS will be processed on the next working day in states with holidays.

Q5: Today bank holiday affects stock market operations?
A: No, stock markets operate independently. However, fund settlements might be delayed if your bank is closed.

Q6: Are private banks also closed today for Janmashtami?
A: Yes, both public and private sector banks follow the RBI holiday calendar for their respective states.

Q7: What about cooperative banks today?
A: Cooperative banks generally follow the same holiday schedule as commercial banks in their respective states.

Q8: Can I open a new account online today?
A: Yes, many banks offer online account opening, but KYC verification might be delayed until the next working day.

Note: This information is based on the RBI holiday calendar for 2025. Individual bank branches may have variations. Always confirm with your specific bank branch or customer service for the most accurate information.

Disclaimer: Banking hours and holiday schedules are subject to change based on local administration orders and RBI circulars. Customers are advised to contact their respective banks for confirmation.