Banks play a crucial role in the lives of common people, offering services like withdrawals, deposits, and currency exchange.
If you have any important banking tasks scheduled for August, make sure to check the bank holiday list for the month.
The Reserve Bank of India annually releases this list to facilitate customer convenience, allowing you to plan your banking activities accordingly.
In August 2023, banks will remain closed for a total of 14 days, giving you ample time to organize your financial matters.
A Month Filled with Holidays
August brings numerous holidays, leading to several bank closures.
Festivals, special occasions, as well as Saturdays and Sundays contribute to the extended breaks.
Independence Day on August 15 will result in bank closures across the country.
Additionally, Onam and Raksha Bandhan will lead to bank closures in various regions.
To ensure smooth completion of your tasks, align your plans with the holiday list and manage your banking needs within this month.
Bank Closure Dates in August
August 6, 2023 – National holiday (Sunday)
August 8, 2023 – Tendong Lho in Gangtok (Rum Phat)
August 12, 2023 – Second Saturday (nationwide holiday)
August 13, 2023 – National holiday (Sunday)
August 15, 2023 – Independence Day (nationwide holiday)
August 16, 2023 – Parsi New Year (Mumbai, Nagpur, Belapur)
August 18, 2023 – Srimanta Sankardev Tithi (Guwahati)
August 20, 2023 – National holiday (Sunday)
August 26, 2023 – Fourth Saturday (nationwide holiday)
August 27, 2023 – National holiday (Sunday)
August 28, 2023 – First Onam (Kochi, Thiruvananthapuram)
August 29, 2023 – Tiruonam (Kochi, Thiruvananthapuram)
August 30, 2023 – Raksha Bandhan (Jaipur, Shimla)
August 31, 2023 – Raksha Bandhan / Sree Narayana Guru Jayanti / Pang-Lhabsol (Dehradun, Gangtok, Kanpur, Kochi, Lucknow, Thiruvananthapuram)
Managing Work During Bank Holidays
In today’s digital era, customers can still perform various banking activities even when the physical bank is closed.
Utilize online banking options like net banking, mobile banking, or UPI to transfer funds and conduct transactions.
Additionally, ATMs remain available for cash withdrawals during bank holidays.
Stay informed and plan ahead to make the most of your banking needs in August 2023.
