NEW DELHI: Banks will remain closed for 8 days in the month of August and the remaining days are that of weekends. Banks in most states will observe a holiday on 19 August 2021, on account of Muharram.
Apart from Muharram, banks will remain closed on Janmashtami, Parse New Year, Onam, and other occasions. Notably, the bank holidays depend on the festivals being observed in specific states and vary from one state to another. This year, 15 August falls on a Sunday.
19 August: Muharram (Tripura, Gujarat, Maharashtra, Madhya Pradesh, Uttar Pradesh, Delhi, West Bengal, and other states)
20 August: Onam (Karnataka, Kerala, Tamil Nadu)
21 August: Thiruvonam (Kerala)
22 August 2021 – Weekly off (Sunday)
23 August: Sree Narayana Guru Jayanthi (holiday in Kerala)
However, online banking services will continue to operate. According to the Reserve Bank of India's holiday calendar, there are 15 bank holidays in August with the last one being on August 31. The Central Bank places its holidays under three categories- Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act, and Real-Time Gross Settlement Holiday and Banks' Closing of Accounts.
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