Bank Holidays August 2024. Today, August 19, is Raksha Bandhan, a festival that celebrates the bond between siblings. If you’re wondering whether your local bank is closed today, you’re not alone—many people across the country have the same question. Let’s walk you through everything you need to know so you can avoid any banking surprises and manage your finances smoothly.
Bank Holidays August 2024: Which States Have a Bank Holiday Today for Raksha Bandhan?
Raksha Bandhan is a special occasion in many states, leading to bank closures in several regions across India. Here’s a quick rundown of where you can expect banks to be closed today:
– Andhra Pradesh
– Bihar
– Chandigarh
– Chhattisgarh
– Gujarat
– Haryana
– Himachal Pradesh
– Jammu
– Jharkhand
– Madhya Pradesh
– Meghalaya
– Orissa
– Rajasthan
– Sikkim
– Srinagar
– Tamil Nadu
– Telangana
– Uttar Pradesh
– Uttarakhand
– West Bengal
Banks in cities like Agartala, Ahmedabad, Bhopal, Bhubaneswar, Dehradun, Jaipur, Kanpur, Lucknow, and Shimla will be closed today due to Raksha Bandhan and other local festivities. If you live in one of these states or cities, make sure to plan accordingly!
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Bank Holidays August 2024: How Does the Reserve Bank of India Decide Bank Holidays?
The Reserve Bank of India (RBI) creates an official list of holidays each year, taking into account regional festivals like Raksha Bandhan, Jhulana Purnima, and the birth anniversary of Bir Bikram Kishore Manikya Bahadur. This list determines when banks are closed in various cities across India.
Understanding how the RBI schedules these holidays can help you stay prepared, especially during months with multiple closures like August.
Please see the full list of Bank Holidays from RBI here: Reserve Bank of India
Full List of Bank Holidays August 2024
To make your planning easier, here’s a complete breakdown of all the bank holidays for August 2024, including weekends:
– August 4 (Sunday): Regular weekend holiday
– August 10 (Second Saturday): Bank holiday across all states
– August 11 (Sunday): Regular weekend holiday
– August 15 (Thursday): Independence Day / Parsi New Year (Holiday in all states)
– August 18 (Sunday): Regular weekend holiday
– August 19 (Monday): Raksha Bandhan / Jhulana Purnima / Bir Bikram Kishore Manikya Bahadur Jayanti (Holiday in Andhra Pradesh, Bihar, Chandigarh, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jammu, Jharkhand, Madhya Pradesh, Meghalaya, Orissa, Rajasthan, Sikkim, Srinagar, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, West Bengal)
– August 24 (Fourth Saturday): Bank holiday across all states
– August 25 (Sunday): Regular weekend holiday
– August 26 (Monday): Krishna Janmashtami (Holiday in most states)
These dates reflect the days when banks will not be operational, so it’s wise to schedule any banking tasks around these holidays.
Plan Ahead with Online Banking Services for Bank Holidays August 2024
Even if your local bank is closed, you can still manage your finances through online banking or mobile apps. Most banks continue to offer these services during holidays, so you can transfer funds, pay bills, and check your balance from the comfort of your home. ATMs are also available for cash withdrawals if you need quick access to funds.
Why Are Bank Holidays Different Across States?
Bank holidays can vary from state to state based on local festivals and regional needs. That’s why it’s essential to check with your local branch or consult the official holiday list for your area. This way, you can plan your banking activities and avoid any last-minute hiccups.
Stay Updated with the Full List of Bank Holidays August 2024
To ensure you’re always in the know, keep an eye on the RBI’s announcements and your state government’s notifications. Regularly checking these sources will help you stay informed about upcoming holidays and plan your banking needs accordingly.
Have any questions about bank holidays or need help planning around them? Drop a comment below or share this post with friends who might find it helpful!
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