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  4. Bank holidays 2021: Banks to remain closed for 15 days in August | Check full list

Bank holidays 2021: Banks to remain closed for 15 days in August | Check full list

As per the Reserve Bank of India (RBI) holiday calendar list, bank will remain closed for 8 days in the month of August and the remaining days are that of weekends.

Edited by: India TV Business Desk New Delhi Published : Jul 28, 2021 13:58 IST, Updated : Jul 28, 2021 13:58 IST
Bank holidays 2021: Banks to remain closed for 15 days in
Image Source : PTI/FILE

Bank holidays 2021: Banks to remain closed for 15 days in August | Check full list

Bank holidays 2021: All banks - private and public - will remain closed for 15 days in August month, including second and fourth Saturdays, and Sundays, as per the Reserve Bank of India (RBI) notification.

If you have any bank-related important work for this month, you should check the list of bank holidays in August month before heading to your bank branch.

As per the Reserve Bank of India (RBI) holiday calendar list, bank will remain closed for 8 days in the month of August and the remaining days are that of weekends.

Although, banks will not be shut for all eight days for all states in August 2021 as there are state-specific holidays for different occasions. 

Banks in most states will observe a holiday on 19 August 2021, on account of Muharram. 

Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

Notably, the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states. Moreover, not all holidays are observed by all the banking companies. 

Holidays in August 2021:

Date Day Holiday
13 August 2021 Friday Patriot’s Day
16 August 2021 Monday Parse New Year
19 August 2021 Thursday Muharram (Ashoora)
20 August 2021 Friday Muharram/First Onam
21 August 2021 Saturday Thiruvonam
23 August 2021 Monday Sree Narayana Guru Jayanthi
30  August 2021 Monday Janmashtami (Shravan Vad-8)/Krishna Jayanthi
31 August 2021 Tuesday Sri Krishna Ashtami

All the private and public sector banks across the country remain shut on the second and fourth Saturdays of every month, along with a weekly holiday on Sunday. Apart from the above bank holidays, the second and fourth Saturdays of the month are falling on the following dates:

Weekend holidays in August 2021

01 August 2021 – Weekly off (Sunday)

08 August 2021 – Weekly off (Sunday)
14 August 2021 – Second Saturday
15 August 2021 – Weekly off (Sunday), Independence Day
22 August 2021 – Weekly off (Sunday)
28 August 2021 – Fourth Saturday
29 August 2021 – Weekly off (Sunday)

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