Anisha Kumari | Jul 27, 2024 |
Bank Holidays in August 2024: Bank to remain Close for 13 Days; Plan Your Financial Transactions Accordingly
Bank holidays are the days when banks are closed. This gives employees a break to relax or spend time with family. For customers, these holidays mean planning ahead to avoid issues with financial transactions. In India, bank holidays differ from state to state because of local festivals and regional events.
August is a busy month with many holidays. Banks will be closed for 13 days. This includes Sundays plus second and fourth Saturdays. If you need to visit the bank check the holiday list. Plan your visit accordingly.
The list of bank holidays in August 2024 is given below:
Banks in Agartala will be closed for Ker Puja.
On this day the bank will closed for the holiday of Sunday.
Banks in Gangtok will be closed for Tendong Lo Rum.
Banks will be closed for the second Saturday holiday.
Banks will closed on this day for the holiday of Sunday.
Banks in Imphal will be closed for Patriot’s Day.
It is the national holiday of the country India. It is celebrated as Independence Day. So, Banks in all over the country will be closed on this day.
For the weekly holiday of Sunday, banks will be closed.
This year Rakshabandhan falls on this day. Therefore, it is a bank holiday in India.
Banks in Kerala will be closed on this day for Shri Narayan Guru Jayanti.
This day is the fourth Saturday of the month, so banks will be closed.
The last Sunday of the month is falling on this day, so there will be holidays for all banks.
Finally, banks will be closed on August 26 because Janmashtami falls on this day and it is celebrated for the birth of Shri Krishna.
These holidays can pose challenges for people who need to perform financial transactions. However, there are several ways to manage finances even when banks are closed.
Firstly, ATMs will be available 24/7, they allow you to withdraw cash at any time. Secondly, UPI (Unified Payments Interface) enables you to transfer money between accounts instantly. Thirdly, net banking services are available around the clock for various transactions. Additionally, most banks offer mobile banking apps. These enable you to handle transactions on the go. Online banking through the bank’s website also provides a wide range of services that can be accessed anytime.
To avoid any disruptions it’s essential to plan ahead. Check the bank holiday schedule in your state. Plan your visits to the bank accordingly. Make the most of digital banking services to minimize the need for in-person visits. It’s also a good idea to keep some emergency cash on hand in case ATMs are crowded or out of service.
Staying informed and planning ahead will help you to meet your financial needs smoothly. This is particularly crucial during the busy festival season. Understanding the bank holiday schedule and using digital banking services effectively can help you manage your finances without hassle.
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