Are banks open today, February 01, 2026?

No. Today is Sunday, and all bank branches across India are closed. Digital services like UPI, IMPS, NEFT, RTGS and ATMs are available. Cheque clearing and in-branch services will resume on Monday, February 02, 2026. Plan branch-dependent work for a working day.

Is UPI working today if branches are closed?

Yes. UPI runs 24x7, even on Sundays and bank holidays. You can send and receive money, pay bills and scan-and-pay at stores. If a payment fails, wait a few minutes and retry. Keep balance and daily limits in mind to avoid transaction declines.

Will cheques get cleared today?

No. Cheque clearing does not operate on Sundays, so credits will reflect on the next working day. If you deposited a cheque over the weekend, expect processing from Monday. For urgent transfers, use UPI, IMPS, NEFT or RTGS, which generally work round the clock.

Which Saturdays are bank holidays in February 2026?

Branches are closed on the 2nd and 4th Saturdays, which fall on February 14 and 28. The 1st and 3rd Saturdays, February 7 and 21, are working days. If you need in-branch services, avoid the second and fourth Saturdays to prevent delays.

Global Market Insights

India Banks Today, February 01: Sunday Branches Shut, UPI Works

ByDanny Kontos February 1, 2026February 1, 2026

Are banks open today? It is Sunday, February 01, 2026, and all bank branches across India are closed as per RBI rules. If you searched is bank open today, the short answer is no for physical branches. UPI, IMPS, NEFT, RTGS and ATMs are working as usual. The RBI holiday calendar also marks closures on the second and fourth Saturdays this month, so plan branch work around those dates. Here is what still works, what waits until Monday, and how to plan the week ahead.