Banks will remain closed for 15 days in August 2021
List of Bank Holidays In August 2021
Banks will remain closed for 15 days in the month August 2021. As per the Reserve Bank of India (RBI) calendar, apart from second and fourth Saturdays and the Sundays, there are a total of eight holidays in August. However, amongst these eight holidays some are state specific holidays so not all banks will remain closed.
The Reserve Bank of India has categorised holidays under three categories — Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts. The 15 days off this month fall under the bracket of Holiday under Negotiable Instruments Act.
Including Muharram, banks will remain closed on Janmashtami, Parse New Year, Onam and other occasions. Notably, the bank holidays depend on the festivals being observed in specific states and vary from one state to another. This year, 15 August falls on a Sunday.
Here is the full list of bank holidays in August 2021:
|1.||01 August 2021||Sunday|
|2.||08 August 2021||Sunday|
|3.||13 August 2021||Friday, Patriot’s Day (Manipur)|
|4.||14 August 2021||Second Saturday|
|5.||15 August 2021||Sunday (Independence Day)|
|6.||16 August 2021||Monday, Parse New Year|
|7||19 August 2021||Thursday (Muharram)|
|8.||20 August 2021||Friday (Onam)|
|9.||21 August 2021||Saturday (Thiruvonam – Kerala)|
|10.||22 August 2021||Sunday|
|11.||23 August 2021||Monday (Sree Narayana Guru Jayanthi – holiday in Kerala)|
|12.||28 August 2021||Fourth Saturday|
|13.||29 August 2021||Sunday|
|14.||30 August 2021||Monday (Janmashtami)|
|15.||31 August 2021||Tuesday (Sri Krishna Ashtami- Telangana and Andhra Pradesh)|
Holidays will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country. While offline banking operations will remain closed on the specified dates, online banking activities will continue to work. If you keep a track of these bank holidays, you would be able to plan bank transaction activities in a better way.