Bank Holidays In August 2024: As we approach the end of July, let’s look ahead to the upcoming month and its holidays. Here is the list of bank holidays for August 2024.
In addition to national holidays and festivals, there will be two Saturdays and four Sundays off in August, along with regional and religious holidays.
Keep in mind that bank holidays vary by state in India, so it’s a good idea to check with your local bank branch for specific non-working days.
August 2024 includes at least nine non-working days, including weekends. There’s also a long weekend at the end of the month, so plan your bank visits accordingly. Here is the complete list of holidays for both public and private banks.
Bank Holidays In August 2024
The Reserve Bank of India (RBI) has announced a list of bank holidays for August 2024. Banks will be closed for 13 days due to various occasions, including the second and fourth Saturdays and all Sundays.
To help you plan your banking activities, here are the dates when banks will be closed in August 2024. This way, you can manage your tasks effectively and avoid any inconvenience.
List of Bank Holidays In August 2024
In August, banks will be closed on the specific days listed below. These closures are in addition to the regular bank holidays on the second and fourth Saturdays of each month when all public and private banks are closed.
Here is the list of bank holidays in August 2024:
Bank Holidays In August 2024 | |||
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Date | Day | Holiday | State or Region |
4 August 2024 | Sunday | Karkidaka Vavu Bali | Kerala |
7 August 2024 | Wednesday | Haryali Teej | Haryana |
8 August 2024 | Thursday | Tendong Lho Rum Faat | Sikkim |
10 August 2024 | Saturday | Second Saturday | National |
11 August 2024 | Sunday | – | National |
13 August 2024 | Tuesday | Patriots Day | Manipur |
15 August 2024 | Thursday | Independence Day, Parsi New Year | National, Daman and Diu, Dadra and Nagar Haveli, Gujarat, Maharashtra |
16 August 2024 | Friday | De Jure Transfer Day | Pondicherry |
18 August 2024 | Sunday | – | National |
19 August 2024 | Monday | Raksha Bandhan, Jhulan Purnima | Several states across India, Orissa |
24 August 2024 | Saturday | Fourth Saturday | National |
25 August 2024 | Sunday | – | National |
26 August 2024 | Monday | Janmashtami | Several states across India |
Online Banking Services
Banks provide online websites and mobile banking apps that are available even on weekends and holidays unless otherwise notified. You can also withdraw cash from any bank’s ATMs.
It’s important to remember that bank holidays vary by state due to regional needs. To avoid confusion and emergencies, check the complete list of holidays with your local bank branch.
The Reserve Bank of India (RBI) announces the annual holiday calendar for banks based on the Negotiable Instruments Act, which governs the use of cheques and promissory notes. Therefore, these transactions are not available on the specified holidays.
The RBI, along with state governments, considers national and local events, operational needs, religious festivals, and cultural observances when creating this list. The RBI publishes the holiday schedule on its official website and sends notifications to banks and financial institutions.
Also Check: |
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Bank Holidays in February 2024 |
Bank Holidays in March 2024 |
Bank Holidays in April 2024 |
Bank Holidays in July 2024 |
Bank Holidays In August 2024 FAQs
Q.1. What are the bank holidays in August 2024?
Ans. Banks will be closed on 4, 7, 8, 10, 11, 13, 15, 16, 18, 19, 24, 25, and 26 August 2024 due to various holidays.
Q.2. Are banks closed on weekends in August 2024?
Ans. Yes, banks are closed on the second and fourth Saturdays (10 and 24 August) and all Sundays (4, 11, 18, and 25 August).
Q.3. Will online banking services be available during bank holidays in August 2024?
Ans. Yes, online banking services and ATM withdrawals will be available during bank holidays unless otherwise notified.
Q.4. How can I check state-specific bank holidays for August 2024?
Ans. Check with your local bank branch or visit the official RBI website for a complete list of state-specific bank holidays.
Q.5. Why do bank holidays vary by state in India?
Ans. Bank holidays vary by state due to regional needs, cultural observances, and local events considered by the RBI and state governments when creating the holiday list.