The fifth month of the new financial year will have as many as 13 bank holidays as per the list of holidays released by the Reserve Bank of India (RBI). This includes the weekend holidays, i.e., the second and fourth Saturdays and all Sundays.
The month of August will see some significant festivals across India like Independence Day, Raksha Bandhan, Janmashtami and more. Banks across India would be closed for about 13 days in August 2024, national and region specific.
The RBI had issued the list of holidays for 2024 in its annual list. According to this, all public and private sector banks across India will remain closed for up to 13 days in August, 2024, including the weekend leaves. However, we must note that the banks will not be closed for 13 days in all states or regions.
Internet banking services will continue to be operational during these days. ATM service will also be available. Some of the holidays in the list are specific to certain states only or regional holidays while few are designated as public holidays.
Here is the full list from 1st August, 2024:
Dates | Holidays |
August 3 | Ker Puja |
August 8 | Tendong Lho Rum Faat |
August 13 | Patriot’s Day |
August 15 | Independence Day/Parsi New Year (Shahenshahi) |
August 19 | Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur |
August 20 | Sree Narayana Guru Jayanthi |
August 26 | Janmashtami (Shravan Vad-8)/Krishna Jayanthi |
Apart from this list, as per the Holiday Under Negotiable Instruments Act, the banks will also remain closed on some of the days of the weekends. These are mentioned below:
August 4: Sunday
August 10: Second Saturday
August 11: Sunday
August 18: Sunday
August 24: Fourth Saturday
August 25: Sunday