Bank holiday today, August 25: Are SBI, HDFC Bank, and other banks closed for first Onam, and Milad-i-Sherif?
Banks in several states across India are closed today, August 25, 2026, as First Onam is being observed as a bank holiday. Banks will also remain closed in several states on August 26 for Milad-un-Nabi.
Bank holidays in India vary from state to state, based on festivals and regional occasions. The Reserve Bank of India (RBI) holiday calendar lists multiple regional closures this week, although bank branches will remain open on other working days.
The RBI calendar shows three regional bank holidays between August 24 and August 30. Physical bank branches will remain closed on up to four days this week in different states.
However, Saturday, August 29 , will be a working day for banks because it is the fifth Saturday of the month. Banks are generally closed on the second and fourth Saturdays, while the fifth Saturday is a working day.
On Tuesday, August 25, banks in Kerala and Andhra Pradesh will remain closed.
The closure is linked to First Onam and Milad-un-Nabi, depending on the state.
On Wednesday, August 26, several states will observe a bank holiday for Milad-un-Nabi.
These include Maharashtra, Karnataka, Madhya Pradesh , Tamil Nadu, Uttarakhand, Telangana, Manipur, Jammu and Kashmir, Uttar Pradesh, Kerala, Delhi, Bihar, Chhattisgarh and Jharkhand.
The festival is also known as Baravafat or Milad-un-Nabi. Kerala will also observe Thiruvonam on the same day, making it another bank holiday in the state.
On Friday, August 28, banks will remain closed in several states for Raksha Bandhan.
The states include Gujarat, Madhya Pradesh, Uttarakhand, Sikkim, Rajasthan, Jammu and Kashmir, Uttar Pradesh, Kerala and Himachal Pradesh.
Eid-E-Milad 2026 may fall on August 25 or August 26, depending on the country and the method used to determine the Islamic lunar calendar.
Saudi Arabia and several Islamic calendars place 12 Rabi ul Awwal on August 25, while India is expected to observe Milad-un-Nabi on August 26. The one-day difference is linked to lunar-calendar calculations and local moon-sighting practices.
Under the guidelines set by the Reserve Bank of India (RBI) , all scheduled and non-scheduled banks observe mandatory closure on all second and fourth Saturdays, as well as every Sunday of the month.
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