PERSONAL FINANCE
August Bank Holiday 2022: Banks will be closed on August 8, 9, 11, 12 13 and 14 for Muharram, Rakasha Bandhan Patriot’s Day and the weekend.
Banks across the country will be closed for up to 19 days in the month of August 2022. This includes the second and fourth Saturdays, as well as Sundays. Apart from the weekly offs, banks will remain closed in various states due to other holidays.
Notably, the RBI has divided holidays into three categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks' Closing of Accounts. The RBI has issued the following list of holidays.
Many bank holidays are may differ from state to state and bank to bank. There are 19 bank holidays in August. Out of which six are weekend holidays and other regional holidays.
List of dates when Banks will be closed in next week
August 8, 9, 11, 12, 13, and 14 are designated as holidays for Raksha Bandhan, Muharram, Patriot's Day and some other. It is important to keep in mind that many bank holidays have a regional bent and might differ from state to state and from bank to bank.
Full list of festivals and places till 20 August
8th August, 2022: Muharram (Ashoora) - Jammu, Srinagar
9th August, 2022: Muharram (Ashoora) - Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi
11th August, 2022: Raksha Bandhan - Ahmedabad, Bhopal, Dehradun, Jaipur, and Shimla
12th August, 2022: Raksha Bandhan - Kanpur, and Lucknow
13th August, 2022: Patriot’s Day - Imphal, Second Saturday
14th August, 2022: Second Sunday
15th August, 2022: Independence Day - All over India
16th August, 2022: Parsi New Year (Shahenshahi) - Belapur, Mumbai, and Nagpur
18th August, 2022: Janmashtami - Bhubaneswar, Dehradun, Kanpur and Lucknow
19th August, 2022: Janmashtami (Shravan Vad-8)/ Krishna Jayanthi - Ahmedabad, Bhopal, Chandigarh, Chennai, Gangtok, Jaipur, Jammu, Patna, Raipur, Ranchi, Shillong and Shimla
20th August, 2022: Sri Krishna Ashtami - Hyderabad
Weekend holidays in August 2022:
Sunday: August 7
Second Saturday: August 13
Sunday: August 14
Sunday: August 21
Fourth Saturday: August 27
Sunday: August 28
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