
According to the Reserve Bank of India (RBI) (RBI) calendar, the second and fourth Saturday of each month is kept as a holiday for all private and public banks. In addition, banks are also closed throughout Sunday and planned holidays.
According to RBI instructions, banks are open first, third and, if possible, on the fifth Saturday. Since Saturday, August 23, the fourth Saturday of the month is, all banks throughout India will remain closed.
When is the next holiday?
The next holiday will be observed on Sunday, August 24, when banks will remain closed all over the country.
As for regional observations, another holiday on the shore is August 25, when banks will remain closed in Assam on the occasion of Turubhav Tithi of Srimant Sancardeva.
UPI/ATMS services are available
Although physical banks do not work on designated holidays, customers can continue to use online services such as UPI, mobile applications provided by individual banks to make online payments and use ATMs for cash withdrawals.
However, it is important to realize that the work of banks differs from state to state, because RBI takes into account regional holidays and observations when compiling the calendar. Therefore, before visiting the bank, you must always check with a branch if there is a holiday or not.
(Tagstotranslate) RBI Holiday Calendar