Bank Holidays in August 2023 in India: The lenders across all the public and private sectors of India are set to enjoy another month that will be full of holidays as the festive season is kicking in slowly. While there were fewer bank holidays in the last month of July, the list of bank holidays in August 2023 is going to be longer than that as there are as many as 08 holidays in the eighth month of the year, excluding the Saturday and Sunday.
The Reserve Bank of India fixes the Bank Holidays each year under three categories- Holidays under the Negotiable Instruments Act, Real Time Gross Settlement Holiday, and Banks’ Closing of accounts. Check the Bank holidays in August 2023 listed below. Also, find the holidays on weekdays, and weekends.
Bank Holidays in August 2023
Date | Day | Holiday | Location |
August 8 | Monday | Tendong Lho Rum Faat | Gangtok |
August 15 | Monday | Independence Day | All Locations |
August 16 | Tuesday | Parsi New Year (Shahenshahi) | Belapur, Mumbai & Nagpur |
August 18 | Thursday | Tithi of Srimanta Sankardeva | Guwahati |
August 28 | Friday | First Onam | Kochi, Thiruvananthapuram |
August 29 | Monday | Thiruvonam | Kochi, Thiruvananthapuram |
August 30 | Tuesday | Raksha Bandhan | Jaipur, Shimla |
August 31 | Thursday | Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol | Dehradun, Gangtok, Kanpur, Kochi, Lucknow & Thiruvananthapuram |
Independence Day: Independence Day is celebrated on August 15 in India to mark the country’s freedom from British rule in 1947. It’s a national holiday filled with patriotic fervour, flag-hoisting ceremonies, cultural events, and reflections on the nation’s journey to independence.
Parsi New Year: Parsi New Year, also known as Shahenshahi, is celebrated by the Parsi community on August 16. It marks the beginning of the Zoroastrian calendar year and is observed with prayers, festive gatherings, and traditional customs.
Onam: Onam is a vibrant harvest festival celebrated in Kerala, India. It usually falls in August or September. People adorn their homes with colourful floral designs (pookkalam) and enjoy traditional feasts, dance (Pulikali), and boat races (Vallamkali) to commemorate King Mahabali’s return.
Rakshabandhan: Raksha Bandhan is an auspicious Hindu festival celebrated to honour the bond of love between brothers and sisters. Sisters tie decorative bracelets (rakhi) on their brothers’ wrists, and in return, brothers pledge to protect and care for their sisters.
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Bank Holidays in August 2023 on weekends
Date | Day and Holiday |
August 6 | First Sunday |
August 12 | Second Saturday |
August 13 | Second Sunday |
August 20 | Third Sunday |
August 26 | Fourth Saturday |
August 27 | Fourth Sunday |
The list of the holidays along with the days and dates will help you in your bank visits in advance. Even during bank holidays in August 2023, customers need not worry about financial transactions or any banking services. All banking-related facilities, such as IMPS, NEFT, UPI, ATM services, net banking, mobile banking, and other available options, will remain accessible.
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Source: tiengtrunghaato.edu.vn