Bank Holidays in August 2024 Explained 🏦
As we approach the end of August, it is crucial for you as a crypto reader to be aware of the upcoming bank holidays in various states across India. This information will help you plan your financial transactions and activities effectively. Here is a breakdown of the bank holidays for the month of August 2024:
August 24 Bank Holiday: Overview
– Banks are closed on Saturday, August 24, due to it being the fourth Saturday of the month.
– According to RBI regulations, banks remain closed on the second and fourth Saturdays of each month, along with Sundays and public holidays.
August 25: Sunday Closure
– As with every Sunday, banks are closed on August 25, 2024.
August 26: State-wise Bank Holiday
– Some states will observe a bank holiday on Monday, August 26, to mark the occasion of Janmashtami.
– This holiday falls after the fourth Saturday and Sunday of the month.
Banks Closed in Certain States:
– Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh, and Srinagar.
States with No Bank Holiday:
– Tripura, Mizoram, Maharashtra, Karnataka, Assam, Manipur, Arunachal Pradesh, Kerala, Nagaland, New Delhi, and Goa.
Digital Banking Services
– Utilize digital banking facilities such as internet banking, Whatsapp banking, SMS banking, and mobile banking for all your financial needs.
– Most banking services can be accessed through these platforms; it is advisable to leverage them during bank holidays.
August Festivals and Bank Holidays
– On the occasion of various festivals such as Ker Puja, Tendong Lho Rum Faat, Independence Day, Raksha Bandhan, and Janmashtami, banks may remain closed in certain states.
– Janmashtami celebrates the birth of Lord Krishna, the eighth avatar of Lord Vishnu.
Snapshot of Bank Holidays in August
– Detailed table showcasing the bank holidays in various states during August 2024.
Hot Take 🌶️
Being informed about bank holidays in your state is essential to plan your financial activities effectively. Take advantage of digital banking services during these holidays to ensure uninterrupted access to financial services.
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