The Reserve Bank of India (RBI), mentioned some days when the banking operations will remain closed in the month of August. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Here is an elaborate list of bank holidays falling in the month of August 2020
– August 3, 2020 (Monday) Raksha Bandhan
August 11, 2020 (Tuesday) Janmashthami
-August 30, 2020 (Sunday) Muharram
The above mentioned days are as per RBI note. However in the month of August banks will be closed for 16 days in total. These include state holidays, Sunday and Second and Fourth Saturday when the banks are closed.
Here is the list
August 1: Bakri Eid
August 2: Sunday
August 3: Raksha Bandha
August 8: Second Saturday
August 9: Sunday
August 11: Janmashtami
August 13: Imphal Patriots Day
August 15: Independence Day
August 16: Sunday
August 20: Srimanta Shankardev Tithi
August 21: Haritalika Teej
August 22: Ganesh Chaturthi, fourth Saturday
August 23: Sunday
August 29: Karma Puja
August 30: Moharram
August 31: Indra Yatra and TiruOnam
If you keep a track of these holidays, you would be able to plan bank transaction activities in a better way. For long weekends, you can even plan your holidays well.