The Reserve Bank of India has released an official list of bank holidays for the month of August 2021. According to the list banking services will be affected for a total of 15 days in the coming month.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Out of the 15 days, there will be 8 days when the banking services will be affected due to festivals or religious celebrations and state wise leaves, while 7 days will be usual weekend offs.

 

See Zee Business Live TV Streaming Below:

People who are engaged in banking services or who have to visit banks in August can note that online banking services will continue to operate on holidays as well. Also, banking activities and holidays may differ in different states and from bank to bank.

All the holidays listed for the month of August excluding the weekend holidays for the bank comes under the ‘Negotiable Instruments Act’. 

Here is the list of bank holidays in August:

1) August 1, 2021 – Sunday

2) August 8, 2021 – Sunday

3) August 14, 2021 – Second Saturday

4) August 13, 2021 - Patriot’s Day (Imphal)

5) August 15, 2021 – Sunday

6) August 16, 2021 - Parse New Year (Shahenshahi)

7) August 19, 2021 - Muharram (Ashoora)

8) August 20, 2021 - Muharram/First Onam

9) August 21, 2021 – Thiruvonam 

10) August 22, 2021 – Sunday

11) August 23, 2021 – Sree Narayana Guru Jayanthi

12) August 28, 2021 – Fourth Saturday

13) August 29, 2021 – Sunday

14) August 30, 2021 - Janmashtami (Shravan Vad-8)/Krishna Jayanthi

15) August 31, 2021 - Sri Krishna Ashtami

Bank customers will not be able to withdraw and deposit money at the bank branches due to the holidays. However, ATMs, mobile banking and online banking services will be available during these days.