August 17 Bank Holiday: Is This Saturday a Holiday for Banks?

August 17 Bank Holiday: Is This Saturday a Holiday for Banks?
Before planning a visit to the bank, customers must verify the operational status of the branch. Is August 17 a bank holiday? Find out
All national and regional state holidays, along with the second and fourth Saturdays and every Sunday, are designated as days when both private and public sector banks will be closed, according to the holiday list provided by the Reserve Bank of India (RBI). Therefore, bank customers are advised to check the operational status of their branch before planning a visit on a Saturday.
For 2024, the Government of India has announced three national holidays: Republic Day (26 January), Independence Day (15 August), and Gandhi Jayanti (2 October).
Is August 17, 2024, a bank holiday? No, August 17 is not a bank holiday as it falls on the third Saturday of the month. According to RBI guidelines, banks are closed on Sundays and the second and fourth Saturdays of the month, while the first, third, and fifth Saturdays are regular working days.
Bank holidays in August 2024 Bank closures vary by state, depending on local observances such as Ker Puja, Tendong Lho Rum Faat, Patriot’s Day, Independence Day/Parsi New Year (Shahenshahi), Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur, Sree Narayana Guru Jayanthi, and Janmashtami.
Bank holidays in August 2024 include:
- August 19: Banks will be closed in Tripura, Gujarat, Orissa, Uttarakhand, Rajasthan, Uttar Pradesh, and Himachal Pradesh.
- August 20: Banks will be closed in Kerala.
- August 26: Banks will be closed in Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh, and Srinagar.
Long weekend in some states Banks will be closed on August 26 due to Janmashtami, following the fourth Saturday and Sunday, creating a long weekend in several states.