Banks to Stay Shut for 13 Days
Financial institutions are shut every alternate Saturday (second and fourth) and all Sundays.
The Central Bank Of India has published the schedule of bank holidays for the month of August. Financial institutions will stay shut for a total of 13 days this month, as per the holiday timetable. Normally, bank branches are closed every other Saturday (second and fourth) and all Sundays. Public holidays are another reason you may encounter locked bank doors.
In the instance of state-specific celebrations, the financial institutions will be closed only in those states, while during national celebrations like Christmas, banks will be closed nationwide. Given the numerous holidays this month, it is crucial to plan your bank visits promptly.
The central bank categorizes holidays for all financial institutions in the country into three groups- Negotiable Instruments Act holidays, the Real-Time Gross Settlement holidays, and the Banks’ Closing of Accounts.
Below is the comprehensive list of national and regional holidays for August 2024:
- August 3 (Saturday): Financial institutions will be shut in Agartala on the occasion of Ker Puja
- August 4 (Sunday): Banks will be closed in all states due to a weekend
- August 8 (Monday): In Gangtok, financial institutions will be shut for Tendong Lho Rum Faat
- August 10 (Saturday): Banks will be closed nationwide due to the second Saturday
- August 11 (Sunday): Financial institutions will be shut in all states due to a weekend
- August 13 (Tuesday): Banks will be closed in Imphal for Patriot’s Day
- August 15 (Thursday): All financial institutions nationwide will be closed to observe Independence Day
- August 18 (Sunday): Banks will be shut in all states due to a weekend
- August 19 (Monday): Financial institutions will remain closed in Tripura, Gujarat, Odisha, Uttarakhand, Rajasthan, Uttar Pradesh, and Himachal Pradesh on Raksha Bandhan
- August 20 (Tuesday): In observance of Sree Narayana Guru Jayanthi, banks will be closed in Kochi
- August 24 (Saturday): Financial institutions will be closed nationwide for the fourth Saturday
- August 25 (Sunday): Banks will be closed in all states due to a weekend
- August 26 (Monday): Banks will be closed in Gujarat, Odisha, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, West Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh, and Srinagar for Janmashtami or Krishna Jayanthi
Click for more trending news
Awaiting reply to load…