Banks in India are closed on 2nd and 4th Saturday every month. Apart from these holidays, Indian banks are also closed on national, public and some state-specific holidays. In addition to RBI holidays, banks can include other holidays in their holiday calendar. In this article, you can check the list of bank holidays in August 2023 in detail:
|August 8||Tendong Lho Rum Faat||Gangtok|
|August 15||Independence Day||All|
|August 16||Parsi New Year (Shahenshahi)||Belapur, Mumbai and Nagpur|
|August 18||Tithi of Srimanta Sankardeva||Guwahati|
|August 28||First Onam||Thiruvananthapuram|
|August 30||Raksha Bandhan||Jaipur and Shimla|
|August 31||Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol||Gangtok, Kanpur, Lucknow and Thiruvananthapuram|
Bank Holidays in August 2023 on Saturday
As per RBI, all the banks working in India will remain closed on 2nd and 4th Saturday every month along with Sundays. However, banks will remain operational on 1st, 3rd and 5th Saturday wherein customer can make any banking related activities. It is important to check bank timings before you plan to visit the bank.
Here’s the list of August bank holidays on Saturday-
|12 August 2023||Saturday||Second Saturday|
|26 August 2023||Saturday||Fourth Saturday|
Also, check details about Monthly Bank Holiday:
Bank Holidays in August: FAQs
Yes. All Indian banks will remain closed on 15th August as this day will be celebrated as Independence Day.
There will be two bank holidays in August 2023 on Saturday i.e. 12th August & 26th August.
Yes. HDFC Bank will be closed on 12th August 2023 as this day is 2nd Saturday of August month.
Yes. There is no restriction on UPI payments even on bank holidays.