August 2024 - Full List of Bank Holidays in India

The Bank Holidays List 2024 is very important if you need to finish a very important financial task or are excited to see India's beautiful scenery.

Every state has its own bank holiday. But on the second and fourth Saturday of every month, all banks are closed. Along with these three holidays, all banks are closed on Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2). Moreover, banks are not open on holidays in the area.

Learn more: August 2024 India Calendar: Special Days, Full List of National Holidays and International Events

Bank Holidays in India for August 2024

Customers need to plan their financial transactions ahead of time to avoid problems during the holidays. India's bank holidays can be very different from one state to the next because of regional celebrations and festivals.

India as a whole celebrates some national bank holidays, but many holidays are different from one state to the next. August is the beginning of festival season, since July is over. In August of this year, banks will be closed for 13 days. This includes Sundays and the second and fourth Saturdays of every month. Check the list of holidays before you go to the bank next month if you need to do work there.

List of India Bank Holidays in August 2024

• August 3: Banks will remain closed in Agartala on the occasion of Ker Puja

• August 4: Sunday

• August 8: Banks remain closed in Gangtok due to Tendong Lo Rum crackdown.

• August 10: Second Saturday

• August 11: Sunday

• August 13: Banks will remain closed in Imphal on the occasion of Patriot’s Day.

• 15th August: Independence Day

• August 18: Sunday

• August 19: Rakshabandhan

• August 20: Banks will remain closed in Kerala on the occasion of Shri Narayan Guru Jayanti.

• August 24: Fourth Saturday

• August 25: Sunday

• 26th August: Birth of Shri Krishna

Customers often face problems due to constant bank holidays. However, there are several ways to manage your finances even when banks are closed:

ATMs: You can withdraw cash anytime.

UPI: Transfer money between accounts instantly.

Net Banking: Available 24/7 for various banking transactions.

Mobile Banking: Use your bank’s mobile app for transactions.

Online Banking: Access through the bank’s website for a wide range of services.

Tips

Plan Ahead: Check the bank holiday schedule in your state and plan your visits accordingly.

Utilize Digital Services: Make the most of digital banking services to avoid disruptions.

Emergency Funds: Keep some emergency cash handy for times when ATMs might be crowded or out of service.

August 2024 Bank Holidays in India

Even during the busy festival season, you can make sure that your financial needs are met without any problems if you stay informed and plan ahead.

In India, there are many banking holidays all through the year. There are national holidays, state festivals, and important observances among these holidays.

The Reserve Bank of India (RBI) sets bank holidays under the Negotiable Instruments Act, RTGS holidays, and holidays when banks close their accounts.

These days are set aside as holidays, so banks don't work and deposit or withdraw money in person. Modern digital banking tools, on the other hand, have made it easy to handle money matters even during the holidays.

People can still access online banking, mobile apps, and digital payment methods like UPI, IMPS, and net banking. This makes it easy for people to do a variety of financial tasks.

Besides the holidays set by the Reserve Bank of India (RBI), each Indian state also has its own set of festivals and holidays. These state-specific holidays are different in different parts of the country, making the banking holiday calendar even more varied.

Please keep in mind that Indian banks are also closed on the second and fourth Saturdays of every month, as well as Sundays. These are all regular weekly holidays. Here is a full list of all the Indian banking holidays for the year [current year] to help you plan ahead.

This list includes holidays in all 50 states and the District of Columbia, so you can make sure you have all the information you need to handle your money well. Our banking holiday guide will help you stay up to date and organized all year long, whether you need to pay bills, do business online, or plan your banking activities.

Banking holiday schedules may change or be added to, so please keep that in mind. Always double-check with official notices and announcements from the Reserve Bank of India and your state governments to see if the holiday calendar has been changed or updated.

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