Bank Holidays in August 2024: It is going to be a long weekend due to national holidays and festivals. However, if you are planning to visit a bank for some financial work, you must check the list of bank holidays provided by the Reserve Bank of India (RBI).
According to the RBI’s bank holiday list 2024, between August 15 and August 19, banks will remain closed for three days — August 15 (Independence Day), August 18 (Sunday), and August 19 (Raksha Bandhan). Apart from this, banks are also closed on August 13 in Manipur.
Importantly, on August 19, banks will remain closed in several states only –Tripura, Gujarat, Madhya Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, and Himachal Pradesh.
On Friday (August 16) and Saturday (August 17), the banks will remain opened across the country.
In this month of August, there are a number of holidays and national holidays — Ker Puja, Tendong Lho Rum Faat, Patriot’s Day, Independence Day/Parsi New Year (Shahenshahi), Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur, Sree Narayana Guru Jayanthi, Janmashtami (Shravan Vad-8)/Krishna Jayanthi.
Bank Holidays in August 2024:
August 13: Banks to remain closed in Manipur on account of ‘Patriot’s Day’.
August 15: All banks in India across states to remain closed on account of Independence Day.
August 19: Banks will remain closed in Tripura, Gujarat, Madhya Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, and Himachal Pradesh.
August 20: Banks will be closed in Kerala on account of ‘Sree Narayana Guru Jayanthi’.
August 26: Banks are closed in Gujarat, Tamil Nadu, Chandigarh, Odisha, Uttarakhand, Telangana, Sikkim, Andhra Pradesh, West Bengal, Rajasthan, Jammu & Kashmir, Uttar Pradesh, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh and Srinagar.
The RBI sorts holidays in three categories: national celebrations, state-specific holidays, and religious holidays.
Customers should plan their bank visits accordingly to avoid inconvenience.
However, you can still undertake transactions and manage other banking tasks despite bank holidays through online banking and ATMs. These facilities will not be affected by the bank closures. During this period, you can perform many mobile or net banking activities, as all online services will remain fully operational.
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