Bank Holiday on 27 January 2026 | UFBU Strike | 5 Days Banking Latest Update
Banks to Remain Closed on 27th January 2026 Due to Nationwide Bank Strike. Bank’s customers across India should take note that all public sector banks are expected to remain closed on Tuesday, 27th January 2026, due to a nationwide bank strike announced by bank employees.
The strike is linked to the long-pending 5 Days Banking Demand, which has already been accepted by the Indian Banks’ Association (IBA) but is still awaiting final approval from the Department of Financial Services (DFS) under the Government of India.
Why Are the Banks to ramin closed on 27th January 2026?
The United Forum of Bank Unions (UFBU) has called for a one-day nationwide strike on 27 January 2026 after repeated discussions with:
- The Government of India
- The Department of Financial Services (DFS)
- The Chief Labour Commissioner (CLC)
Despite several rounds of negotiations, no concrete decision has been communicated regarding the implementation of 5 days banking, compelling bank employees to intensify their protest.
Government Has Approved 5 Days Working for Other Financial Institutions
One of the major concerns raised by bank unions is the unequal treatment of banking employees.
The Government of India has already approved the 5 days working system for major financial institutions, including:
- LIC (Life Insurance Corporation of India)
- RBI (Reserve Bank of India)
- SEBI (Securities and Exchange Board of India)
- NABARD and other regulatory and financial bodies
In contrast, bank employees continue to follow a 6-day working system, even though their workload, compliance requirements, and public responsibilities have significantly increased in recent years.
5 Days Working Implemented by Several State Governments
Adding to the disparity, many State Governments have already implemented the 5 days working system for their employees.
For example:
- Maharashtra Government has successfully adopted a 5-day work week, improving efficiency and employee well-being without affecting public service delivery.
Bank unions argue that when state governments and central financial institutions can function effectively with a 5-day system, there is no valid reason to exclude banking employees.
What Is the 5 Days Banking Demand?
The 5 days banking demand aims to bring Indian banks in line with global standards by ensuring:
- Better work-life balance for bank employees
- Reduced stress and burnout
- Improved productivity and customer service
- Greater focus on digital banking and planned branch operations
The IBA has already agreed to this demand, but the final notification from DFS remains pending, causing frustration across the banking sector.
Impact of Bank Strike on Customers
Due to the bank strike on 27 January 2026, customers may face disruption in:
- Branch banking services
- Cash deposits and withdrawals
- Cheque clearing and settlement
- Loan processing and documentation
- KYC verification and account-related work
✅ Digital banking services such as UPI, internet banking, mobile apps, and ATMs are expected to remain operational, though minor delays are possible.
Important Advisory for Bank Customers
Customers are advised to complete all essential banking work before 27th January 2026, especially:
- KYC updates
- Housing loan and property transactions
- Personal, car, or loan against property documentation
- High-value cash transactions
⚠️ Before proceeding with home buying or housing-related decisions, ensure your banking formalities are completed in advance to avoid inconvenience due to the bank strike.
UFBU’s Stand on the Strike
The UFBU has clarified that it remains open to dialogue with the Government. However, in the absence of a clear and time-bound commitment from DFS, bank employees have decided to proceed with the strike as a measure to press for their legitimate demand.
Conclusion
In summary, banks will remain closed on 27th January 2026 due to a nationwide strike by bank employees over the unresolved 5 days banking demand. While the Government has already approved 5-day working for institutions like LIC, RBI, SEBI, NABARD, and several state governments such as Maharashtra, banking employees continue to await similar relief.
Customers are advised to plan their banking activities in advance and stay updated on further developments.
