The Reserve Bank of India (RBI) and the Odisha Government declare bank holidays for the state, including national holidays, regional festivals, and mandatory closures on second and fourth Saturdays. These holidays apply to all banks operating in Odisha, ensuring uniformity in operations.

Why are Bank Holidays Important?

• Cultural and Religious Significance: Holidays like Makar Sankranti, Raja Sankranti, and Nuakhai celebrate Odisha's rich heritage and traditions.
• National Unity: Days such as Republic Day, Independence Day, and Gandhi Jayanti promote patriotism.
• Operational Planning: Helps customers plan visits to branches, as banks are closed, though online services and ATMs remain available.
• Employee Welfare: Provides rest for bank staff and time for personal observances.

How are Bank Holidays Observed in Odisha?

• Bank Closures: All branches remain closed, but emergency services may be available.
• Festive Activities: Communities celebrate with rituals, feasts, and gatherings, such as kite flying during Makar Sankranti or processions during Ratha Yatra.
• National Observances: Flag hoisting and parades on Independence Day and Republic Day.
• Regional Customs: Holidays like Nuakhai involve family reunions and harvest celebrations in western Odisha.
• Adjustments: Dates for lunar-based festivals may vary; always check official notifications.

The list is subject to changes based on RBI guidelines or government announcements. Refer to official sources for updates.