Home » Banks To Remain Closed For 15 Days In August 2021, Check Dates

Banks To Remain Closed For 15 Days In August 2021, Check Dates

by Swati Sahoo
Banks To Remain Closed For 15 Days In August 2021, Check Dates

Before visiting your bank branch in August, make a list of crucial days when banks will be closed.

The Reserve Bank of India (RBI) has announced that some banking operations would be stopped on certain days in August 2021, however internet banking will continue to operate. Banks will be closed for a total of 15 days in August, according to the Reserve Bank of India’s (RBI) holiday calendar schedule, with the remaining days being weekends. Banking operations in various states, on the other hand, may differ.

The Reserve Bank of India categorizes its holidays into three categories: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holidays, and Banks’ Account Closing.

However, it should be noted that bank holidays vary by state and are not always followed by all financial institutions. Banking holidays are also dependent on state-specific festivities or notifications of special events in various states.

Here is an elaborate list of bank holidays falling in the month of August 2021. Check out the list.

Patriot’s Day: August 13

Parse New Year (Shahenshahi): August 16

Muharram (Ashoora) : August 19

Muharram/First Onam: August 20

Thiruvonam: August 21

Sree Narayana Guru Jayanthi: August 23

Janmashtami (Shravan Vad-8)/Krishna Jayanthi: August 30

Sri Krishna Ashtami: August 31

Apart from the above bank holidays, the second and fourth Saturdays of the month are falling on the following dates:

August 1: Sunday

August 8: Sunday

August 14: Second Saturday

August 15: Sunday

August 22: Sunday

August 28: Fourth Saturday

August 29: Sunday

The above-mentioned days will be commemorated as state-proclaimed holidays in various areas; nevertheless, banks will be closed across the country on the gazette holidays.

If you keep note of these holidays, you’ll be able to better organise your bank transaction activity. You may even arrange your vacations carefully for extended weekends.

https://zeenews.india.com/personal-finance/bank-holidays-august-2021-banks-to-remain-closed-for-15-days-in-total-check-out-important-dates-2379156.html

www.rtdjournal.com

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