Bank Holiday April 2026: The new financial year begins today, and while it is the day for new goals and financial resets, it also brings a temporary pause to everyday banking services. In most of the banking and financial institutions, accounts will be wrapped up, and it is a big transition day in India's financial system.

Are banks closed today? State-wise bank holiday update
On April 1, 2026, most states and Union Territories are observing a bank holiday. States where banks are shut include:
Karnataka, Maharashtra, Gujarat, Tamil Nadu, Uttar Pradesh, Delhi, West Bengal, Kerala, Telangana, Andhra Pradesh, Rajasthan, Madhya Pradesh, Odisha, Assam, Bihar, Chhattisgarh, Goa, Jammu and Kashmir, Tripura, Manipur, Arunachal Pradesh, Uttarakhand, and Chandigarh.
However, as per the state-wise bank holidays April 2026 list released by the RBI, banks remain open in select cities such as:
- Aizawl
- Gangtok
- Kohima
- Ranchi
- Shillong
- Shimla
What is financial year closing, and why are banks shut?
The financial year closing on April 1 is when banks complete the yearly closing of accounts for 2026. They reconcile all financial records and finalise balances and ledgers. Banks on the annual closing day prepare for the new financial year. Due to this internal workload, banks closed for customer-facing services, so April 1st is a big day in the RBI bank holiday list.
Online banking services To continue
Even though physical branches are shut, online banking services remain fully functional. Customers can continue to use UPI payments, Net banking, Mobile banking apps and ATMs.
However, some backend processes like settlements and cheque clearances may see delays due to financial year closing.
When is the next Bank holiday in April 2026?
The Bank holidays April 2026 schedule is packed with multiple regional and national holidays. According to the April holiday calendar, there are nearly 14 bank holidays in April 2026, including:
- April 1: Financial year closing (banks closed across most states)
- April 2: Maundy Thursday bank holiday (Kochi, Thiruvananthapuram)
- Good Friday bank holiday: observed in many states
- Ambedkar Jayanti bank holiday: celebrated nationwide on April 14
- Bengali New Year bank holiday: observed in West Bengal
- Bohag Bihu bank holiday: observed in Assam
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