Raksha Bandhan Bank Holiday: Are Banks Closed Today or Tomorrow? Verify the City-Wise List
Raksha Bandhan is a prominent Hindu holiday that is observed in India and other countries throughout the world. Certain cities may face bank closures because of the event on August 30 and August 31, 2023. Jaipur, Shimla, Dehradun, Gangtok, Kanpur, Kochi, Lucknow, and Thiruvananthapuram are among the cities on the list.
Raksha Bandhan is a bank holiday.
The majority of commercial and public sector organizations in India will be closed today, August 30, and tomorrow, August 31, in observance of Raksha Bandhan, according to the Reserve Bank of India’s (RBI) schedule of holidays. Check the bank’s closing times before going to a branch, it is suggested. This will guarantee that your banking needs are quickly and successfully handled.
30th of August: Raksha Bandhan
Due to Raksha Bandhan, banks will be closed in Srinagar and Jaipur.
31st of August: Raksha Bandhan
Due to Raksha Bandhan, banks will be closed in Thiruvananthapuram, Gangtok, Lucknow, Kanpur, Dehradun, and Kochi.
Depending on the state, there are often 14 bank holidays in August. Weekends and numerous festivals are part of these vacations. The Negotiable Instruments Act Holiday, the Real Time Gross Settlement Holiday, and the Banks’ Closing of Accounts Holiday have all been announced by the banking regulator.
On the announced holidays, all banks, including those in the public and private sectors, abroad, cooperatives, and regionally around the nation, would be closed.
On Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day (December 25), all lenders are closed. On holidays like Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday, banks are also closed.
All commercial and public sector banks in the nation are closed on the second and fourth Saturdays of each month. Additionally, the Reserve Bank of India (RBI) has mandated that banks stay closed on Sundays.
The majority of banking transactions, both financial and non-financial, may be completed using WhatsApp banking, mobile banking, or the internet. To use banking services at this time, ensure sure you have enrolled for these services.
Customers of banks must routinely check the bank holiday list for changes and compare it to the list of holidays published on the Reserve Bank of India’s official website.
