Bank Holidays In August 2023: Banks To Remain Closed For 14 Days; Check Holiday List

It is crucial for customers to plan their financial chores in advance to avoid any inconveniences.

Source: Pexels

Bank Holidays August 2023: Banks across the country will be shut for 14 days in the upcoming month.

The list of holidays, according to the Reserve Bank of India includes eight holidays under the 'Holiday under Negotiable Instruments Act,' along with the second and fourth Saturdays and Sundays.

On August 15, banks will be closed nationwide on the occasion of Independence Day. There are state-specific holidays as well that will affect banking operations in different regions:

Bank Holidays In August: Full List

  • August 8 (Tuesday): Tendong Lho Rum Faat - Banks will remain closed in Sikkim on this day.

  • August 15 (Tuesday): Independence Day - Banks will be closed nationwide in observance of Independence Day, a day of historical significance for the country.

  • August 16 (Wednesday): Parsi New Year (Shahenshahi) - Banks in Maharashtra will observe a holiday on this occasion.

  • August 18 (Friday): Tithi of Srimanta Sankardeva - Banks in Assam will remain closed.

  • August 28 (Monday): First Onam - Banking services in Kerala will be unavailable on this day.

  • August 29 (Tuesday): Thiruvonam - Banks in Kerala will observe a holiday on this auspicious festival.

  • August 30 (Wednesday): Raksha Bandhan - Banks in Rajasthan and Himachal Pradesh will remain closed on this day.

  • August 31 (Thursday): Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol - Banking operations in Uttarakhand, Assam, Kerala, and Uttar Pradesh will be suspended on this day.

Date Day Holiday
06-Aug Sunday Weekend Holiday
08-Aug Tuesday Tendong Lho Rum Faat
12-Aug Saturday Second Saturday
13-Aug Sunday Weekend Holiday
15-Aug Tuesday Independence day
16-Aug Wednesday Parsi New Year (Shahenshahi)
18-Aug Friday Tithi of Srimanta Sankardeva
20-Aug Sunday Weekend Holiday
26-Aug Saturday Fourth Saturday
27-Aug Sunday Weekend Holiday
28-Aug Monday First Onam
29-Aug Tuesday Thiruvonam
30-Aug Wednesday Raksha Bandhan
31-Aug Thrusday Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol

Plan ahead and use digital banking options like net banking, mobile banking, or Whatsapp banking to manage finances smoothly during the extended August 2023 bank holidays, to ensure a hassle-free experience.

In the month of July, banks in the country were closed for as many as 15 days.

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Komal Jain
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