Bank Holidays in August: Lenders to Remain Shut for 14 Days This Month; See Full List – News18

Holidays in August 2023: According to the holiday calendar of the Reserve Bank of India (RBI), in August 2023, banks will be closed for 14 days across various including Sundays, second and fourth Saturdays.

There will be eight state-specific holidays in the month of August. Both public and private banks in select states will remain closed on the occasions like Tendong Lho Rum Faat, Parsi New Year, Onam, Raksha Bandhan, and more.

People planning to visit the bank for some urgent work are advised to be mindful of the listed holidays. However, internet banking services will be available throughout the country on all days.

Here is the list of bank holidays for August 2023:

August 6: First Sunday of the month

August 8: Tendong Lho Rum Faat (Banks will remain shut in Gangtok on account of Tendong Lho Rum Faat)

August 12: Second Saturday of the month

August 13: Second Sunday of the month

August 15: Independence Day (Banks will remain closed in Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Thiruvananthapuram for Independence Day)

August 16: Parsi New Year (Banks will remain shut in Belapur, Mumbai and Nagpur to celebrate Parsi New Year)

August 18: Tithi of Srimanta Sankardeva (Banks will remain shut in Guwahati on account of Tithi of Srimanta Sankardeva)

August 20: Third Sunday

August 26: Fourth Saturday of the month

August 27: Fourth Sunday of the month

August 28: First Onam (Banks will remain shut in Kochi and Thiruvananthapuram to celebrate First Onam)

August 29: Thiruvonam (Banks will remain shut in Kochi and Thiruvananthapuram to celebrate Thiruvonam.0

August 30: Raksha Bandhan (Banks will remain shut in Jaipur and Srinagar on account of Raksha Bandhan)

August 31: Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol (Banks will remain shut in Gangtok, Dehradun, Kanpur, Kochi, Lucknow and Thiruvananthapuram on account of Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol)

All the bank holidays are designated in three categories, which include Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instrument Act and Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.