Financial institution holidays in August 2023: Banks to stay closed for 14 days. See record

Banks can be closed on 14 days within the month of August this 12 months. Out of those, banks can be shut on all Sundays in addition to second and fourth Saturdays. The Reserve Financial institution of India has launched the record of financial institution holidays so that you can plan your bank-related work effectively upfront.

In keeping with RBI, the three sorts of bank holidays are designated as: Vacation underneath Negotiable Devices Act, Vacation underneath Negotiable Devices Act and Actual Time Gross Settlement Vacation and Banks’ Closing of Accounts.

The eight financial institution holidays embody Tendong Lho Rum Faat, Independence Day, Parsi New Yr (Shahenshahi), Tithi of Srimanta Sankardeva, First Onam, Thiruvonam, Raksha Bandhan, Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol.

Right here is the vacations record for August 2023. The industrial and personal banks throughout a number of states of the nation can be closed on as of late.

August 8 (Tendong Lho Rum Faat): Financial institution Vacation in Sikkim

August 15 (Independence Day): Financial institution vacation throughout India

August 16 (Parsi New Yr- Shahenshahi): Financial institution vacation in Belapur, Mumbai and Nagpur

August 18 (Tithi of Srimanta Sankardeva): Financial institution vacation in Guwahati

August 28 (First Onam): Financial institution vacation in Kochi and Thiruvananthapuram

August 29 (Thiruvonam): Financial institution vacation in Kochi and Thiruvananthapuram

August 30 (Raksha Bandhan): Financial institution vacation in Jaipur and Shimla.

August 31 (Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol): Financial institution vacation in Dehradun, Gangtok, Kanpur, Kochi, Lucknow and Thiruvananthapuram.

In case it’s essential perform banking transactions on these holidays, you are able to do it via cell banking, web banking and WhatsApp banking. Nevertheless, guarantee that you’ve enrolled in these providers beforehand.

Financial institution holidays range from state to state. (Consultant)

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