Most banks in India are closed today, April 1, 2025, due to the year-end financial closing. This is an essential annual process where banks reconcile their accounts, finalize financial statements, and prepare reports for the new fiscal year (FY 2024-25). However, there are exceptions, and banks remain operational in Mizoram, Chhattisgarh, Himachal Pradesh, and Meghalaya.

Why Are Banks Closed Today?

For those wondering, “Are banks open today?”, the answer is no for most of India. The closure is due to the need for banks to conduct financial reconciliations and account finalizations at the end of the fiscal year. During this period, financial institutions focus on:

• Reconciling yearly transactions
• Closing financial records for FY 2024-25
• Preparing reports for regulatory compliance
• Auditing and verifying financial data

Regional Bank Closures

Apart from the year-end closing, some regional festivals also impact banking operations. In Jharkhand, for example, banks are closed today for Sarhul, a spring festival that marks the New Year for local communities. Since Sarhul coincides with the year-end closing, banks in Jharkhand will not be operational on April 1, 2025.

ATM and Online Banking Services Remain Operational

Even though bank branches are closed, customers can still access banking services through digital channels, ensuring financial transactions remain uninterrupted:

• ATMs: Customers can withdraw cash, check account balances, and conduct basic banking transactions.
• Online Banking: Services like fund transfers, bill payments, and account management are available.
• Mobile Banking: Most banks offer mobile apps for easy access to financial services.

Customers are advised to utilize these digital banking options to avoid any inconvenience caused by the closure of physical bank branches.

Upcoming Bank Holidays in April 2025

Banks will be closed on several other dates throughout April 2025 due to public holidays and weekends. According to the RBI Holiday Calendar 2025, banks will observe holidays on the following days:

• April 6 (Sunday): Ram Navami
• April 10 (Thursday): Mahavir Jayanti
• April 12 (Saturday): Second Saturday
• April 13 (Sunday): Vaisakhi
• April 14 (Monday): Ambedkar Jayanti
• April 18 (Friday): Good Friday
• April 26 (Saturday): Fourth Saturday

Bank holidays may vary by state, so it is recommended that customers check their local bank’s schedule to confirm operational days.

Conclusion

Since April 1, 2025, is a designated bank holiday, customers should plan their in-branch transactions accordingly. However, digital banking services, ATMs, and mobile banking remain available, ensuring continued access to essential financial services. Staying informed about bank holidays and preparing in advance can help avoid inconvenience.

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Disclaimer: This article is for educational purposes only. The financial information provided does not constitute investment advice. Readers should conduct independent research before making financial decisions.