The Reserve Bank of India has given a list of the days when the bank will be closed in August due to public holidays and other events (RBI). There could be up to 13 days in August when all banks are closed nationally, excluding the second and fourth Saturdays and Sundays.
The Reserve Bank of India (RBI) determines bank holidays in four categories: The Negotiable Instruments Act, Holidays, Real-Time Gross Settlement Holiday, and Banks’ Closing of Accounts. Aside from national holidays, all Sundays and the second and fourth Saturdays of the month are bank holidays. Banks are also closed in accordance with state-specific festival holidays. The dates of bank holidays vary according to location, state, and lender. Regional events and state-specific celebrations determine several bank holidays.
Banks will be closed nationwide on the following dates and occasions:
August 1: Drukpa Tshe-zi festival (only Sikkim)
August 8: Muharram (only Jammu and Kashmir)
August 9: Muharram (in Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi)
August 11: Raksha Bandhan
August 12: Raksha Bandhan
August 13: Patriots Day (Imphal)
August 15: Independence Day
August 16: Parsi New Year (Belapur, Mumbai, and Nagpur)
August 18: Janmashtami (Bhubaneswar, Dehradun, Kanpur, and Lucknow)
August 19: Janmashtami
August 20: Sri Krishna Ashtami (only Hyderabad)
August 29: Tithi of Srimanta Sankardeva (only Guwahati)
August 31: Ganesh Chaturthi/Vinayakar Chaturthi (in Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Mumbai, Nagpur and Panaji)
