The month of August is very important in many ways. Many types of festivals are celebrated throughout the country in this month. The country celebrates Independence Day on 15th August. On the other hand, Rakshabandhan day also falls in this month. The birthday of Lord Shri Krishna i.e. Janmashtami will also be celebrated in the month of August. Apart from all these festivals, there are state-specific festivals as well. Which is celebrated with great pomp at the local level.
In such a situation, due to all these holidays, banks are going to remain closed on many days in the month of August. As per the list of holidays of the Reserve Bank of India, if you add the second and fourth Saturday along with 4 Sundays in the month of August, there are a total of 13 holidays. If you have done any planning in the month of August, it is very important to check the list of holidays of RBI. Let us also tell you on what date and where the holidays are going to be in the month of August.
The holidays will be on these dates in the month of August.
- Saturday, August 3, 2024: Holidays in Agartala on the occasion of Ker Puja
- August 4, 2024, Sunday: Public holiday throughout the country
- Thursday, August 8, 2024: Holidays in Sikkim on the occasion of Tendong Lo Rum Phat
- Saturday, August 10, 2024: Public holiday nationwide on the second Saturday
- August 11, 2024, Sunday: Public holiday throughout the country
- August 13, 2024, Tuesday: Manipur Holidays on Patriot’s Day
- Thursday, August 15, 2024: Celebrations throughout the country on the occasion of Independence Day
- August 18, 2024, Sunday: Public holiday throughout the country
- August 19, 2024, Monday: Public holiday in many states of the country on the occasion of Raksha Bandhan.
- Tuesday, August 20, 2024: Holidays in Kochi and Thiruvananthapuram on the occasion of Sree Narayana Guru Jayanti
- Saturday, August 24, 2024: Public holiday nationwide on the fourth Saturday
- August 25, 2024, Sunday: Public holiday throughout the country
- August 26, 2024, Monday: Public holiday in many states of India on the occasion of Janmashtami
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Banks will remain closed for 13 days
In addition to state-specific holidays, there are some holidays that apply to all states and banks in the country. For example, August 15 is a holiday for all banks in the country on the occasion of Independence Day. In such a situation, banks will remain closed for a total of 13 days in the month of August. This includes Sunday and the second and fourth Saturdays.
As per the Reserve Bank of India (RBI) guidelines, public holidays in India are divided into three categories. In which Negotiable Instruments Act, Negotiable Instruments and Real Time Gross Settlement Act and the last category is closure of accounts by banks. However, the online facilities of all banks will continue to function smoothly during these holidays. If you have to make any important transaction, you can avail the online facility.