India Banks Today, February 01: Sunday Branches Shut, UPI Works
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.
Status for Sunday, February 01, 2026
Are banks open today? No. All public and private bank branches are closed on Sundays across India. Cash deposits at counters, demand drafts, locker access, and in-person KYC cannot be done today. Cheques dropped in boxes will usually be processed on the next working day. For any branch-only request, plan a visit tomorrow, Monday, February 02, 2026.
UPI, IMPS, NEFT, RTGS, mobile banking, internet banking and ATMs remain available. Card payments and bill payments should go through. If you wonder whether today bank open services exist, think digital first. New payee addition or limit changes may involve security checks, so allow time. Keep sufficient balance for automatic debits and confirm transfers in-app before approving.
RBI holiday calendar for February
All Sundays are holidays. Most branches operate Monday to Friday and on the 1st, 3rd and 5th Saturdays. This helps answer are banks open today type queries through a simple rule. For February 2026, working Saturdays are the 7th and 21st. Use these days for branch-dependent work like fresh cheque leaves, KYC updates, and locker visits.
Banks will be closed on the 2nd and 4th Saturdays, which fall on February 14 and 28. The policy on second and fourth Saturdays is confirmed widely, including by the Economic Times. Avoid scheduling time-sensitive branch tasks on these dates to prevent delays.
A fifth Saturday is a normal working day for branches unless a notified holiday applies. For example, January 31, 2026, was open, as noted by News18. This clarifies is bank open today style doubts when a month has five Saturdays. Always check your bank’s local notice for any state holiday.
Payments, transfers, and settlements today
UPI and IMPS work 24×7, so person-to-person and merchant payments can be done normally. Card transactions at POS and online should process. If a transaction fails, wait a few minutes and try again. Keep SMS or app alerts enabled to track spends in real time. This is the quickest solution when people ask are banks open today for payments.
NEFT and RTGS are available round the clock. Transfers may face brief downtime if your bank runs maintenance, so retry later if needed. Cheque clearing does not run on Sundays, so credits reflect on the next working day. E-mandate or NACH debits such as EMIs and SIPs can still be processed as scheduled by your bank.
Plan your week: branch tasks and investing
With Sunday closed, the next branch working day is Monday, February 02, 2026. Book appointments where available to cut wait times. Avoid February 14 and 28 due to second and fourth Saturday closures. If documents need a wet signature or biometric KYC, prepare proofs in advance to finish in one visit.
Use today to set UPI autopay limits, update nominee details online, and line up SIPs via net banking. For IPOs, ASBA through internet banking stays available even when branches are closed. If you need cash, prefer your bank’s ATM for fee-free withdrawals within limits. Keep alerts on for salary credits and EMI debits.
Final Thoughts
To the question are banks open today, the answer is clear. Being Sunday, February 01, 2026, all branches are closed across India, while UPI, IMPS, NEFT, RTGS and ATMs continue to run. Cheque clearing will resume on the next working day. The RBI holiday calendar also means branches will be shut on February 14 and 28, the second and fourth Saturdays. Plan branch-only work for weekdays or the first and third Saturdays. Use today to manage digital banking, set reminders for upcoming payments, and prepare documents for any in-person needs tomorrow. Quick planning now saves time and avoids delays later in the month.
FAQs
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 24×7, 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.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
