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Financial institution vacation August 2020: Listed below are the times banks will stay closed, verify particulars | Financial system Information


New Delhi: The Reserve Financial institution of India (RBI), talked about some days when the banking operations will stay closed within the month of August. Nevertheless, it have to be famous that the financial institution holidays range in varied states as nicely not noticed by all of the banking firms. Banking holidays additionally rely upon the festivals being noticed in particular states or notification of particular events in these states.

Right here is an elaborate listing of financial institution holidays falling within the month of August 2020

– August 3, 2020 (Monday) Raksha Bandhan

-August 11, 2020 (Tuesday) Janmashthami

-August 30, 2020 (Sunday) Muharram

The above talked about days are as per RBI notice. Nevertheless within the month of August banks will probably be closed for 16 days in whole. These embody state holidays, Sunday and Second and Fourth Saturday when the banks are closed.

Right here is the listing

August 1: Bakri Eid

August 2: Sunday

August 3: Raksha Bandha

August 8: Second Saturday

August 9: Sunday

August 11: Janmashtami

August 13: Imphal Patriots Day

August 15: Independence Day

August 16: Sunday

August 20: Srimanta Shankardev Tithi

August 21: Haritalika Teej

August 22: Ganesh Chaturthi, fourth Saturday

August 23: Sunday

August 29: Karma Puja

August 30: Moharram

August 31: Indra Yatra and TiruOnam

Should you hold a observe of those holidays, you’ll have the ability to plan financial institution transaction actions in a greater method. For lengthy weekends, you possibly can even plan your holidays nicely.


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