A list of the days that the bank will be closed in August due to national or local holidays and other occasions has been provided by the Reserve Bank of India (RBI). Apart from the second and fourth Saturdays and Sundays, there could be up to 13 days in August when banks are closed nationwide.
The Negotiable Instruments Act, Holidays, Real-Time Gross Settlement Holiday, and Banks' Closing of Accounts are the four categories under which the Reserve Bank of India (RBI) determines the bank holidays. In addition to the national holidays, all Sundays and the second and fourth Saturdays are bank holidays. In accordance with the state-specific festival holidays, banks are also closed. The dates of bank holidays vary depending on the location, the state, and the lender. Several bank holidays are determined by regional events and state-specific celebrations.
Banks will be closed nationwide on the following dates and occasions:
August 1: Drukpa Tshe-zi festival (only Sikkim)
August 8: Muharram (only Jammu and Kashmir)
August 9: Muharram (in Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi)
August 11: Raksha Bandhan
August 12: Raksha Bandhan
August 13: Patriots Day (Imphal)
August 15: Independence Day
August 16: Parsi New Year (Belapur, Mumbai, and Nagpur)
August 18: Janmashtami (Bhubaneswar, Dehradun, Kanpur, and Lucknow)
August 19: Janmashtami
August 20: Sri Krishna Ashtami (only Hyderabad)
August 29: Tithi of Srimanta Sankardeva (only Guwahati)
August 31: Ganesh Chaturthi/Vinayakar Chaturthi (in Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Mumbai, Nagpur and Panaji)
