Raksha Bandhan Bank Holiday Alert: Banks to Remain Closed in these cities on August 30 and 31 for Celebrations

The significant occasion of Raksha Bandhan celebrates the unique bonds we have with brothers and sisters. Sisters knot rakhi around their brothers’ wrists on this particular occasion and wish them happiness and success in life. In return,the brothers promise them their constant protection and support, as well as presents.

Raksha Bandhan is going to be celebrated on August 30 of this year. In several cities, the banks are expected to be closed on August 30 and 31.

The second long weekend in August is also when Raksha Bandhan takes place. August 26 (Saturday), August 27 (Sunday), August 29 (Restricted Holiday) (Tuesday), and August 30 (Raksha Bandhan) (Wednesday) make up the long weekend. By skipping work on August 28, you have the option of taking a total of five days off.

Due to Bhadra Kaal, there is confusion this year as to whether the occasion should be celebrated on August 30 or August 31. The event takes place on the last day of the Sawan month, which also happens to be a full moon day. The Drik Panchang states that the Raksha Bandhan Bhadra period ends at 9:01 p.m. on August 30. Between 5:30 and 6:31 pm is the Bhadra Poonch phase and then comes the Bhadra Mukha.

Between 5:30 and 6:31 pm is the Bhadra Poonch phase, and from 6:31 to 8:11 pm comes the Bhadra Mukha phase. Furthermore, the Full Moon’s tithi, known as the Poornima Tithi, begins on August 30 around 10:58 a.m. and then ends on August 31 at 7:05 a.m. Raksha Bandhan Knot Ceremony Time: After 9:00 PM, according to the Drik Panchang

“The RBI holiday calendar shows that banks will not be opened on August 30 in Jaipur and Shimla. Due to Raksha Bandhan, Sri Narayana Guru Jayanthi, and Pang-Lhabsol, banks won’t be open on August 31 in Dehradun, Gangtok, Kanpur, Kochi, Lucknow, and Thiruvananthapuram, a report said.

In August, there are several bank holidays:

August has 14 bank holidays, which include the second and fourth Saturday as well as Sunday. The list of forthcoming bank holidays is as follows:

• Fourth Saturday, August 26

• 27 August: Sunday

• Onam Day, August 28, is a day off in Thiruvananthapuram as well as Kochi.

• In Kochi and Thiruvananthapuram, August 29 is a holiday.

• Raksha Bandhan Day, August 30, is a public holiday in Shimla and Jaipur.

• Dehradun, Gangtok, Kanpur, Kochi, Lucknow, and Thiruvananthapuram all have bank holidays on August 31 in celebration of Raksha Bandhan, Sri Narayana Guru Jayanthi, as well as Pang-Lhabsol.

Mobile and internet banking will continue to operate normally even if bank branches are closed on these days. Customers have the option of conducting payments online.

What you should know regarding the bank holiday around Raksha Bandhan is as follows:

• According to the Reserve Bank of India’s schedule of holidays, the majority of commercial and public sector banks in India will be closed on August 30 and August 31 in honour of Raksha Bandhan.

• To ensure smooth payment services, it’s important to confirm your bank’s shutdown schedule beforehand before visiting a branch.

• Both Jaipur and Srinagar banks will be closed on August 30.

There are a total of 14 bank holidays in August, which differ by state. Weekends and numerous festivities are among them. On key national holidays, including Christmas Day, Gandhi Jayanti, Independence Day, and Republic Day, banks are closed. Bank closures are also brought on by holidays including Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday.

Keep up with changes to this information to maintain a pleasant banking experience.

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