Personal Finance
August Bank holidays ALERT: Banks will be closed for 5 days in many states during the second week of August.
Updated : Aug 12, 2022, 07:21 PM IST
August Bank holidays ALERT: Banks across the country will be closed for 5 days in a row from today. August has a total of 18 bank holidays. 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.
Bank Holidays this week
August 12: Raksha Bandhan — Kanpur, and Lucknow
August 13: Patriot’s Day — Imphal
August 14: Sunday
August 15: Independence Day — All over India
August 16: Parsi New Year (Shahenshahi) — Belapur, Mumbai, and Nagpur
August Bank holidays ALERT: Full list of festivals and places
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