Business

Is Today a Bank Holiday? Are Banks Shut on Raksha Bandhan, Independence Day? Full List

Bank Holiday in August 2022: Are you planning to visit bank branches on August 11 or 12? Then, you must check the full list of bank holidays this week before stepping out. Public and private sector lenders will remain shut on Thursday and Friday to celebrate Raksha Bandhan. It must be noted that bank holidays varies from one state to another. Let’s take a look at the states where banks will be closed for Raksha Bandhan this week

August 11: Raksha Bandhan- Ahmedadabad, Bhopal, Dehradun, Jaipur, and Shimla

August 12: Raksha Bandhan- Kanpur, Lucknow

There are 18 bank holidays in August, depending on the state. These holidays include weekends and various festivals. The banking regulator has notified the holidays for lenders under three brackets — the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday and Banks’ Closing of Accounts. All banks including the public sector, private sector, foreign banks, cooperative banks and regional banks across the country will remain closed on these notified holidays.

All the lenders remain closed Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2), Christmas Day (December 25). Banks also remain shut on festivals including Diwali, Christmas, Eid, Guru Nanak Jayanthi, Good Friday.

On the second and fourth Saturdays of every month, the private and public sector banks across the country remain closed. Reserve Bank of India (RBI) has also made it compulsory for banks to remain shut on Sundays.

Banks across the country will also remain shut on Saturday, August 13 as it is a second Saturday. Lenders will also be shut on Independence Day.

Here’s a Full List of Bank Holidays in August, 2022

August 11: Raksha Bandhan — Ahmedadabad, Bhopal, Dehradun, Jaipur, and Shimla

August 12: Raksha Bandhan — Kanpur, and Lucknow

August 13: Patriot’s Day — Imphal

August 15: Independence Day — All over India

August 16: Parsi New Year (Shahenshahi) — Belapur, Mumbai, and Nagpur

August 18: Janmashtami — Bhubaneswar, Dehradun, Kanpur and Lucknow

August 19: Janmashtami (Shravan Vad-8)/ Krishna Jayanthi — Ahmedabad, Bhopal, Chandigarh, Chennai, Gangtok, Jaipur, Jammu, Patna, Raipur, Ranchi, Shillong and Shimla

August 20: Sri Krishna Ashtami — Hyderabad

August 29: Tithi of Srimanta Sankardeva — Guwahati

August 31: Samvatsari (Chaturthi Paksha)/Ganesh Chaturthi/ Varasiddhi Vinayaka Vrata/ Vinayakar Chathurthi — Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Mumbai, Nagpur and Panaji

List of Weekend Leaves

August 13: Second Saturday + Patriot’s Day

August 14: Second Sunday

August 21: Third Sunday

August 27: Fourth Saturday

August 28: Fourth Sunday

Bank customers must visit the bank holiday list regularly for any new updates and also verify it with the holiday list issued by the Reserve Bank of India on its official website.