Bank holidays August 2022: Banks to be closed for as much as 19 days in August; take a look at essential dates earlier than visiting department | Personal Finance News

New Delhi: The month of August has a number of holidays –some being noticed nation-wide whereas some native festivals are being celebrated throughout the nation. Several financial institution branches will stay closed in varied states owing to those festivities. Before visiting your financial institution department within the month of April, it’s essential to observe down the checklist of essential days throughout which banks will stay closed.

The Reserve Bank of India (RBI) has talked about some days when the banking operations will stay closed within the month of August 2022, though on-line banking actions will proceed to work.

Banks will stay closed for whole 18 days within the month of August — 13 as per the Reserve Bank of India (RBI) vacation calendar checklist and the remaining days are that of weekends. However, it’s essential to observe that the banks will NOT be closed for 19 days in all states or areas. This is the whole variety of days when banks in several elements of the nation will stay closed for state-observed holidays. For instance financial institution branches is likely to be closed for Gangtok in Sikkim however not closed for a similar in different states.

Reserve Bank of India locations its Holidays underneath three brackets –Holiday underneath Negotiable Instruments Act; Holiday underneath Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it have to be famous that the financial institution holidays fluctuate in varied states as properly not noticed by all of the banking corporations. Banking holidays additionally rely upon the festivals being noticed in particular states or notification of particular events in these states.

Here is an elaborate checklist of financial institution holidays falling within the month of August 2022. Check out the checklist.

Drukpa Tshe-zi: August 1

Muharram (Ashura): August 8

Muharram (Ashura): August 9

Raksha Bandhan: August 11

Raksha Bandhan: August 12

Patriot’s Day: August 13

Independence Day: August 15

Parsi New Year (Shahenshahi): August 16

Janmashtami: August 18

Janmashtami (Shravan Vad-8)/Krishna Jayanthi: August 19

Sri Krishna Ashtami: August 20

Tithi of Srimanta Sankardeva : August 29

Samvatsari (Chaturthi Paksha)/Ganesh Chaturthi/Varasiddhi Vinayaka Vrata/Vinayakar Chaturthi: August 31

Apart from the above financial institution holidays, the second and fourth Saturdays, Sundays of the month are falling on the next dates:

Sunday: August 7

Second Saturday: August 13

Sunday: August 14

Sunday: August 21

Fourth Saturday: August 27

Sunday: August 28

Holidays of the talked about days will probably be noticed in varied areas in line with the state declared holidays, nonetheless for the gazetted holidays, banks will probably be closed everywhere in the nation.

If you retain a monitor of those holidays, you’ll be capable of plan financial institution transaction actions in a greater means. For lengthy weekends, you possibly can even plan your holidays properly.

Source hyperlink

Leave a Reply

Your email address will not be published.