Bank Holidays in August 2023: Banks Will Remain Closed for 14 Days

For those individuals intending to visit a bank during August, it is crucial to refer to the calendar beforehand to prevent any unsuccessful visits resulting from bank closures on holidays.

Throughout this month, banks will observe closures for about 14 days, encompassing both weekly holidays and official gazetted holidays.

The Reserve Bank of India (RBI) has categorized these holidays into three groups: Holidays according to the Negotiable Instruments Act, Holidays according to the Negotiable Instruments Act and Real-Time Gross Settlement Holidays, and Bank Account Closure Days.

Mentioned below is the list of bank holidays in nearly all the Indian states. However, there might be some variation from state to state in some cases. People are advised to visit the RBI website to confirm holidays in their own state.

Here is a list of bank holidays for August 2023:

August 6: First Sunday of the month

August 8: Tendong Lho Rum Faat (Banks will remain closed in Gangtok on account of Tendong Lho Rum Faat)

August 12: Second Saturday of the month

August 13: Second Sunday of the month

August 15: Independence Day (Banks will remain closed in Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Thiruvananthapuram for Independence Day)

August 16: Parsi New Year (Banks will remain shut in Belapur, Mumbai, and Nagpur to celebrate Parsi New Year)

August 18: Tithi of Srimanta Sankardeva (Banks will remain close in Guwahati on account of Tithi of Srimanta Sankardeva)

August 20: Third Sunday

August 26: Fourth Saturday of the month

August 27: Fourth Sunday of the month

August 28: First Onam (Banks will remain closed in Kochi and Thiruvananthapuram to celebrate First Onam)

August 29: Thiruvonam (Banks will remain closed in Kochi and Thiruvananthapuram to celebrate Thiruvonam)

August 30: Raksha Bandhan (Banks will remain closed in Jaipur and Srinagar on the occasion of Raksha Bandhan)

August 31: Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol (Banks will remain closed in Gangtok, Dehradun, Kanpur, Kochi, Lucknow, and Thiruvananthapuram on account of Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol)