Bank Holidays in August: Everything to know about August 2022 holidays

Indian Banks will be closed for 18 days in August 2022. Muharram, RakshaBandhan, Janmashtmi, TendongLho Rum Faat, Prakash Utsav, Jhoolan Purnima and a lot more. Here, we have included the bank holiday

Banks are the backbone of the national economy. They fulfil financial duties and coordinate the financial activity of a country and its people. Banks are responsible for uplifting the different segments of society. Banks perform a long list of functions that are essential for economic growth, and we depend on banks at different levels. Let's see how August turns out to be as banks remain closed on 18 days during this month.

 

Like most institutions, banks remain closed on select days of the year. During this period, nobody is advised to visit banks. Since most banks have turned online, this won't be a problem for transactions, bill payments and fulfilling basic financial obligations. Hence, it is crucial to ensure this before visiting any bank.

 

So, if you have some pending work, it is better to do it before August hits. A bank holiday calendar can help you choose the right day to appear at the bank. While digital banking ensures a smoother experience, a few things can only be performed manually at banks.

 

Majorly, Bank holidays are either regional or national. While regional holidays are region-centric and concerned with a particular state, national holidays are relevant and applicable to all the banks in the country. Here, we have listed the bank holidays in August, according to instructions by the Reserve Bank of India. Additionally, many banks are closed on Saturdays and Sundays, so it is not included in some cases. Have a look.

 

Bank holidays in August 2022

 

S. no	Date	Day	Holiday	Region effected
1	8 August 2022	Monday	TendongLho Rum Faat	Sikkim
2	9 August 2022	Tuesday	Muharram	Several states in India
3	12 August 2022	Friday	RakshaBandhan	Several states in India
4	12 August 2022	Friday	Jhulan Purnima	Orissa
5	13 August 2022	Saturday	Patriot’s Day	Manipur
6	15 August 2022	Monday	Independence Day-National Holiday
7	16 August 2022	Tuesday	De Jure Transfer Day	Pondicherry
8	16 August 2022	Tuesday	Parsi New Year	Several states in India
9	19 August 2022	Friday	Janmashtami	Several states in India
10	28 August 2022	Sunday	ParkashUtsav Sri Guru GranthSahib Ji	Punjab
11	29 August 2022	Monday	HartalikaTeej	Chhattisgarh, Sikkim
12	31 August 2022	Wednesday	Ganesh Chaturthi	Several states in India