Bank Holidays 2025: Are banks in India open or closed today, April 1? Know more

READ: Full list of public holidays in India 2025: Banks will remain closed on these days

As the new financial year 2025-26 begins, there is a notable increase in searches related to the April 1 bank holiday in India. (Screenshot)

Why are banks closed today, Tuesday, April 01?

The majority of banks in India will remain closed on April 1 due to the year-end bank closing. Financial institutions will take time off to finalise their accounts for the financial year 2024-25 (FY25) while reconciling their yearly transactions, updating records, and preparing for the new fiscal year.

Consequently, this means customers cannot avail themselves of banking functions on that day and are advised to be aware of these holidays in advance to avoid any inconvenience regarding banking services.

Banks in Jharkhand will also be closed on account of Sarhul, a spring festival which marks the beginning of the new year. This year, it is falling on the same day as the year-end bank closing, i.e. April 1, Tuesday.

ATM and online banking activities to remain functional

However, ATM and online banking services will continue as usual without any hindrance. It allows people to carry out online transactions, bill payments and other online services available on the online platforms of these banks.