Banks Holiday in Mumbai on 29 January 2026: Check Which All Banks Will Be Closed Tomorrow Amid Ajit Pawar Death

Bank Holiday Update: Maharashtra woke up to shock and disbelief after the sudden death of Deputy Chief Minister Ajit Pawar in a tragic plane crash near Pune district and the incident has triggered widespread mourning across the state, disrupted public services and raised questions around holidays for banks, schools and government offices. Mumbai, the financial nerve centre of India, is directly affected as the state observes official mourning and temporary closures. According to civil aviation data, India has recorded fewer than five fatal charter aircraft accidents in the last decade, making this crash both rare and devastating.

Bank Holiday Tomorrow in Mumbai

Mumbai will observe disruptions in normal operations as the Maharashtra government has declared a state holiday during the mourning period. While January 27, 2026, falls close to Republic Day, the holiday announcement linked to the tragedy has created confusion among citizens, especially banking customers where several state-run institutions are expected to remain shut, while private establishments may function with limited staff.

Bank Closed on 29 January 2026: Which Banks Will Be Closed?

On January 27, most public sector banks under the Maharashtra state administration will remain closed in Mumbai includes branches of State Bank of India, Bank of Maharashtra and other nationalised banks operating under state directives. Private banks may continue essential services but branch-level closures depend on local instructions while digital banking, ATMs and UPI services are expected to function normally, handling nearly 65 percent of daily transactions in Mumbai.

Bank Closed on 29 January 2026: Details of the Fatal Crash

• The crash occurred around 8:45 am near Baramati airport
• A chartered Learjet aircraft attempted an emergency landing
• The aircraft caught fire after veering off the runway
• Five people lost their lives, including Ajit Pawar
• Visuals showed heavy smoke and scattered debris
• The DGCA has launched a technical investigation

Maharashtra Government Announces State Mourning

The Maharashtra government announced three days of state mourning as a mark of respect. During this period, all government offices remain closed, flags are flown at half-mast, and official events are cancelled. Chief Minister Devendra Fadnavis termed the loss irreparable and highlighted Pawar’s decades-long role in state politics and rural development and government data shows Maharashtra has declared state mourning only six times in the last 20 years, underlining the gravity of the moment.

Bank Closed on 29 January 2026: Why Timing Matters for Customers

The timing of the closure is critical as January-end banking sees high transaction volumes due to salary credits, tax payments and business settlements nearly 38% of monthly cash withdrawals in urban Maharashtra occur between the 25th and 31st of each month. Customers are advised to rely on digital platforms and plan branch visits after services resume to avoid last-minute disruptions.

Schools Closed Tomorrow in Mumbai

All government, aided and private schools in Mumbai will remain closed as part of the mourning period while educational institutions across Maharashtra are expected to reopen after January 30, though many schools that remain shut on Saturdays may resume classes only from February 2. Parents and students are advised to follow updates from school administrations and local education officers.

List of Bank Holidays in Mumbai