Planning to visit your bank in August 2023? Be prepared to face 14 days of bank closures as the month is brimming with festivals and holidays.
Both public and private sector banks will remain closed for a significant portion of August, which might pose some challenges for customers dealing with branch-related tasks.
However, it’s worth noting that out of the 14 holidays, 4 fall on Sundays and 2 on Saturdays.
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As a silver lining, customers can still access online services like Internet banking, mobile banking, and digital payment platforms like Google Pay, Phone Pay, and Paytm during these closures.
The Complete List of Bank Holidays in August 2023:
- August 6, 2023 – Sunday
- August 8, 2023 – Tendong Lo Rum Phat (Applicable in certain regions)
- August 12, 2023 – Second Saturday
- August 13, 2023 – Sunday
- August 15, 2023 – Independence Day
- August 16, 2023 – Parsi New Year (Shahenshahi)
- August 18, 2023 – Srimanta Sankardev’s Date (Applicable in certain regions)
- August 20, 2023 – Sunday
- August 26, 2023 – Fourth Saturday
- August 27, 2023 – Sunday
- August 28, 2023 – First Onam (Applicable in certain regions)
- August 29, 2023 – Thiruvonam (Applicable in certain regions)
- August 30, 2023 – Raksha Bandhan
- August 31, 2023 – Raksha Bandhan / Sree Narayana Guru Jayanti / Pang-Lhabsol (Applicable in certain regions)
Leveraging Online Services During Bank Closures:
While bank branches will remain closed on these holidays, customers need not worry as digital services like UPI, mobile banking, and Internet banking remain unaffected.
Online transactions, fund transfers, and bill payments can be conveniently executed through these platforms.
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Additionally, ATMs will be operational for cash withdrawals, and credit and debit cards can be used for seamless transactions.
So, stay connected to your finances through these digital avenues during the festive month of August.
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