August 2023 Bank Holidays in India: Public and private banks will be closed for a total of fourteen days. The list comprises Independence Day, Onam, Raksha Bandhan, Parsi New Year, and several other regional holidays. Additionally, weekends like Sundays and the second and fourth Saturdays will also observe bank closures. The Reserve Bank of India (RBI) classifies these holidays into three categories: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holidays and Banks Closing of Accounts.
Please find the full list of Bank Holidays in August 2023 below for your reference:
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Date |
Event |
August 6, 2023 (Sunday) |
Weekly Holiday |
August 8, 2023 (Tuesday) |
Tendong Lho Rum Faat (Banks closed in Sikkim) |
August 12, 2023 (Second Saturday) |
Second Saturday holiday |
August 13, 2023 (Sunday) |
Weekly Holiday |
August 15, 2023 (Tuesday) |
Independence Day (national holiday) |
August 16, 2023 (Wednesday) |
Parsi New Year – Shahenshahi (Banks closed in Maharashtra) |
August 18, 2023 ( Friday) |
Tithi of Srimanta Sankardeva (Banks closed in Assam) |
August 20, 2023 (Sunday) |
Weekly holiday |
August 26, 2023 (fourth Saturday) |
Fourth Saturday holiday |
August 27, 2023 (Sunday) |
Weekly holiday |
August 28, 2023 (Monday) |
First Onam (Banks closed in Kerala) |
August 29, 2023 (Tuesday) |
Thiruvonam (Banks closed in Kerala) |
August 30, 2023 (Wednesday) |
Raksha Bandhan (Banks closed in Rajasthan, Himachal Pradesh) |
August 31, 2023 (Thursday) |
Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol (Banks closed in Uttarakhand, Assam, Kerala, Uttar Pradesh) |
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