Bank Holidays in August 2024: Banks in Telangana to be closed for 9 days

Update: 2024-07-29 10:50 IST

The Reserve Bank of India plans bank holidays differently for each state. There are occasions like Independence Day, Raksha Bandhan and Janmashtami. The holiday list also includes four Sundays, second and fourth Saturdays. Most of the state’s banks are open during the month except on second Saturdays and Sundays. Banks observe only gazetted holidays across the country.

Bank Holidays in August 2024

· August 4 – Sunday

· August 10 – Second Saturday

· August 11 – Sunday

· August 15 – Independence Day

· August 18 – Sunday

· August 19 – Raksha Bandhan

· August 24 – Fourth Saturday

· August 25 – Sunday

· August 26 – Janmashtami

*This holiday list is subject to change

Guidance for Customers

Please note that the central government holidays apply to all banks, the public and the private sector. Though the holiday dates may vary from one bank to another, there may also be other state-wise bank holidays. About the state holidays, customers are advised to visit their respective bank branches and find the exact dates.

The RBI list mentions three types of holidays: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday, and Banks Closing of Accounts. However, ATMs and mobile banking will be available during these holidays.

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