• Source:JND

Bank Holiday On Rakshabandhan:  The festival of Raksha Bandhan will be celebrated across the country on Monday, August 19, 2024. People across the country will celebrate the auspicious festival. However, a lot of people must be wondering whether banks will be closed in all states on the day of Rakshabandhan.

The answer for the same is banks will not be closed everywhere because Rakshabandhan is a registered holiday instead of a gazetted holiday. That is, banks will be open on Rakshabandhan in some states and closed in some states. Below is the complete list of banks, where banks will remain closed.

Also Read: Stock Market Soars Over 1.6% Amid Heavy Buying; Sensex Surges 1,330 Points, Nifty Settles Over 24,500

Rakshabandhan is on Monday, August 19

On August 19, 2024, banks will be closed in various states of the country on the occasion of Rakshabandhan, Jhoolna Purnima, and the birthday of the great king of Tripura Veer Bikram Kishore Manikya Bahadur. These states include Tripura, Gujarat, Odisha, Uttarakhand, Rajasthan, Uttar Pradesh, and Himachal Pradesh. Banks will be shut down in these states. Here is the complete list of RBI.

Rakshabandhan and Jhoolna Purnima

Rakshabandhan is a prominent Indian festival, in which sisters tie Rakhi on the wrists of their brothers and pray for their happy and safe future. Jhoolna Purnima is also observed on this day, which holds religious importance, and special worship is conducted on this day.

Special Holiday in Tripura

In Tripura, the birthday of Veer Bikram Kishore Manikya Bahadur is celebrated on this day, which holds an important position in the history of the state. A government holiday is observed on the day to remember his contributions and his important role in the development of the state.

Therefore, those who wish to conduct bank-related activities in these states should remember that banks will be shut on August 19. As a result, they should plan their banking tasks so that they do not experience any difficulties.

Complete list of bank holidays in August

August 19-  Banks will be closed in many cities on the occasion of Rakshabandhan.
August 20-  Banks will be closed in all cities on the occasion of Sri Narayana Guru Jayanti.
August 25-  Sunday
August 26-  Banks will be closed in all cities on the occasion of Janmashtami.
August 31-  Fourth Saturday holiday

Also Read: Minimum Balance Norms For Saving Accounts At SBI, HDFC, ICICI And Yes Bank | Explained