Bank Holidays August 2024: Are banks closed on August 15, that is Independence Day? – Times of India

August 2024 bank holidays: In India, August is a month full of important festivals and local festivities, which result in a lot of bank holidays. Depending on the location, banks will have different days off for events like Raksha Bandhan and Janmashtami, as well as the national holiday of Independence Day.
Special occasions like Sree Narayana Guru Jayanthi and the Parsi New Year will also have an impact on banking operations.Customers must be aware of these dates in order to schedule their banking needs appropriately and prevent any disruptions.
In August 2024, banks across various states in India will remain closed for a total of 13 days, which includes Sundays and the second and fourth Saturdays of the month. The country observes three national holidays during which all businesses are required to provide their employees with a day off. These holidays are:
January 26 is Republic Day; August 15 is Independence Day; and October 2 is Gandhi Jayanti.
This year, August 15, which marks the 78th Independence Day, falls on a Thursday. As a result, banks nationwide will be closed on this day to commemorate the occasion. However, due to the holiday falling on a Thursday, there will not be an extended weekend during that particular week in August.

Bank Holidays in August 2024

In August 2024, banks across India will observe several holidays due to festivals and regional events. The specific dates and occasions for these closures are as follows:

List of Bank holidays and regional closures