Bank Holidays August 2024: Bank Branches To Remain Closed For Upto 13 Days Next Month; Check City-Wise List | Personal Finance News
However, banking activities on mobile and internet will remain uninterrupted. Additionally, you must note that the banks will NOT be closed for all the days consecutively in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays. For instance banks will be closed for Tendong Lho Rum Faat in Gangtok, but in Tamil Nadu it will NOT be closed for the same festival.
Added to that as per RBI list, bank branches will remain closed for upto 13 days in April 2024
Ker Puja: August 3
Tendong Lho Rum Faat: August 8
Patriot’s Day: August 13
Independence Day/Parsi New Year (Shahenshahi): August 15
Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur: August 19
Sree Narayana Guru Jayanthi: August 20
Janmashtami (Shravan Vad-8)/Krishna Jayanthi: August 26
Furthermore, these are the number of days when banks will be closed for weekends
August 4: Sunday
August 10: Second Saturday
August 11: Sunday
August 18: Sunday
August 24: Fourth Saturday
August 25: Sunday
Reserve Bank of India places its Holidays under three brackets –Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.