Bank Holidays August 2024: Banks to remain closed for 13 days THIS month

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Bank Holidays August 2024: Banks to remain closed for 13 days THIS month


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Bank Holidays in August 2024: Banks across the country will remain closed for 13 days in August this year due to national and regional holidays, as well as weekend closures. According to the Reserve Bank of India (RBI) holiday list, banks will be closed for a total of 13 days this month, including the second and fourth Saturdays, as well as Sundays. Banks operate on the first and third Saturdays of each month but remain closed on the second and fourth Saturdays. 

Despite the closures, online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs for urgent requirements. Customers are urged to plan visits to bank branches carefully, considering the non-working dates.

State-wise full list of Bank Holidays 




Date
Day 
Occasion
States


Aug 3
Saturday
Ker Puja
Tripura


Aug 4
Sunday 
Weekend closure
All over India


Aug 8
Thursday
Tendong Lho Rum Faat
Sikkim


Aug 10
Saturday
Weekend closure
All over India


Aug 11
Sunday 
Weekend closure
All over India


Aug 13
Tuesday
Patriot’s Day
Manipur


Aug 15
Thursday
Independence Day
All over India


Aug 18
Sunday 
Weekend closure
All over India


Aug 19
Monday
Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur
Tripura, Gujarat, Odisha, Uttarakhand, Rajasthan, Uttar Pradesh and Himachal Pradesh


Aug 20
Tuesday
Sree Narayana Guru Jayanthi
Kerala


Aug 24
Saturday
Weekend closure
All over India


Aug 25
Sunday 
Weekend closure
All over India


Aug 26
Monday
Janmashtami (Shravan Vad-8)/Krishna Jayanthi
Gujarat, Odisha, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu and Kashmir, Uttar Pradesh, West Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh 

Bank holiday calendar

The Reserve Bank of India (RBI) in coordination with state governments determines the bank holiday calendar, accounting for national/state holidays, cultural or religious observances, and operational necessities. The full list of bank holidays for the year is disseminated by the RBI through official channels, ensuring transparency and coordination across financial institutions.

According to the RBI, there are three types of bank holidays in the country: Holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act Real Time Gross Settlement Holidays, and Banks’ Closing of Accounts. Notably, Regional bank holidays can vary from state to state and bank to bank in the country. 

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