With half of August behind us, there are 15 days remaining in the month. If you have any pending banking tasks, it’s important to take note of the upcoming bank holidays. During these remaining days, eight days will see banks closed due to various festivals and events, including Rakshabandhan and Onam.
Bank Holiday Period: August 18 to August 31, 2023
As per the Reserve Bank of India’s (RBI) holiday list, eight bank holidays are scheduled from August 18 to August 31, 2023. The RBI releases its monthly bank holiday list on its official website, accounting for different festivals, events, and local considerations. Out of the total of 14 bank holidays planned for August, 6 have already occurred, leaving 8 ahead.
To avoid any inconvenience, make sure to check the official RBI website for the accurate bank holiday schedule before heading to the bank. This precaution will save you from reaching the bank only to find it closed.
Diverse Holidays Across States and Regions
The RBI’s Bank Holiday list is tailored to accommodate the holidays observed in different states and regions. Thus, these bank holidays might vary based on your location. You can automatically stay informed about every bank holiday of the month by visiting this link (https://rbi.org.in/Scripts/HolidayMatrixDisplay.aspx) on your mobile device.
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Here’s the breakdown of upcoming bank holidays in August:
August 18: Srimanta Sankardeva Day (Bank closure in Guwahati)
August 20: Third Sunday
August 26: Fourth Saturday of the month
August 27: Fourth Sunday of the month
August 28: First Onam (Bank closure in Kerala)
August 29: Thiruvonam (Bank closure in Kerala)
August 30: Raksha Bandhan (Bank closure in Jaipur and Srinagar)
August 31: Raksha Bandhan/Sree Narayana Guru Jayanti/Pang-Lhabsol (Bank closure in Gangtok, Dehradun, Kanpur, Kochi, Lucknow, and Thiruvananthapuram due to Raksha Bandhan/Sree Narayana Guru Jayanti/Pang-Lhabsol)