Raksha Bandhan, observed in India and various parts of the world, stands as one of the prominent Hindu festivals. On Monday, August 19, certain cities will experience bank closures on the occasion of the festival.
Bank holiday on Raksha Bandhan
According to the Reserve Bank of India (RBI) holiday list, the majority of private and public sector institutions in India will be closed today on August 19 for Raksha Bandhan. Before visiting a bank branch, it is advised to verify the bank’s closure schedule. This will ensure that your banking requirements are met promptly and effectively.
August 19: Raksha Bandhan
Banks will remain closed in Tripura (Agartala), Gujarat (Ahmedabad), Madhya Pradesh (Bhopal), Odisha (Bhubaneswar), Uttarakhand (Dehradun), Rajasthan (Jaipur), Uttar Pradesh (Kanpur & Lucknow), and Himachal Pradesh (Shimla).
Importantly, on August 20, banks will be closed in Kerala on account of ‘Sree Narayana Guru Jayanthi’.
However, you can still undertake transactions and manage other banking tasks despite bank holidays through online banking and ATMs. These facilities will not be affected by the bank closures. During this period, you can perform many mobile or net banking activities, as all online services will remain fully operational.
