Hyderabad: The Reserve Bank of India plans bank holidays, and the schedule varies for each state. In August, there are two occasions—Independence Day and Raksha Bandhan. Most banks in the states remain open during the month, except on second Saturdays and Sundays.
During August 2023, all banks will be closed for a total of 8 days. This includes four Sundays, second and fourth Saturdays, Independence Day, and Raksha Bandhan. Please note that banks observe only gazetted holidays across the country.
For customers’ convenience, here is the holiday list:
• August 6 – Sunday
• August 12 – Second Saturday
• August 13 – Sunday
• August 15 – Independence Day
• August 20 – Sunday
• August 26 – Fourth Saturday
• August 27 – Sunday
• August 30 – Raksha Bandhan
Keep in mind that this holiday list is subject to change. Customers are advised to check with their respective bank branches for any state-specific holidays.
Additionally, banks are closed on the second and fourth Saturdays of every month. However, ATMs and mobile banking services will be available during these holidays.
