If you are planning to visit the bank this week, you will find that public and private sector lenders in different parts of the country will remain closed for at least four days starting Thursday. However, it is to be noted that these bank holidays will not be applicable for all the states at the same time. The Reserve Bank of India has notified holidays for lenders under three brackets – Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday and closure of accounts of banks. All banks including public sector, private sector, foreign banks, co-operative banks and regional banks across the country remain closed on these notified holidays. Bank holidays vary from state to state. All lenders are closed on Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2), Christmas Day (December 25). Banks are also closed on festivals including Diwali, Christmas, Eid, Guru Nanak Jayanti, Good Friday.
There were 15 bank holidays in August. On the occasion of Muharram, banks will remain closed on August 19 in New Delhi, Mumbai, Kolkata, Lucknow and many other states. To celebrate the first Onam, lenders in Bengaluru, Chennai, Kochi and Thiruvananthapuram will remain closed on August 20. Banks will remain closed for Thiruvananthapuram on 21 January and Thiruvonam in Kochi on August 21. Banks are closed on the second and fourth Saturdays and Sundays of every month.
Here is the complete list of holidays for the month of August 2021 as per RBI order
1) August 19, 2021 – Muharram (Ashura) / (Agartala, Ahmedabad, Belapur, Bhopal, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur, Ranchi and Srinagar)
2) August 20, 2021 – Muharram / 1st Onam (Bengaluru, Chennai, Kochi and Thiruvananthapuram)
3) August 21, 2021 – Thiruvonam (Thiruvananthapuram and Kochi)
4) 22 August 2021 – Sunday
5) August 23, 2021 – Sree Narayana Guru Jayanti (Thiruvananthapuram and Kochi)
5) August 28, 2021 – Fourth Saturday
7) August 29, 2021 – Sunday
8) August 30, 2021 – Janmashtami (Shravan Vad-8)/Krishna Jayanthi (Ahmedabad, Chandigarh, Chennai, Dehradun, Jaipur, Jammu, Kanpur, Lucknow, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Gangtok)
10) August 31, 2021 – Shri Krishna Ashtami (Hyderabad)
Bank customers should check the Bank Holiday List regularly for any new updates and also verify the same from the Holiday List released by Reserve Bank of India on its official website.
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