All public and private sector banks across India will function normally on Saturday, August 30, as it falls on the fifth Saturday of the month. According to Reserve Bank of India (RBI) guidelines, banks remain open on the first, third, and fifth Saturdays, while the second and fourth Saturdays are designated as holidays.
The RBI publishes an annual holiday calendar under the Negotiable Instruments Act, which governs banking instruments such as cheques and promissory notes. Transactions involving these instruments are suspended on notified holidays, though customers can continue to access digital services.
Next Bank Holiday
The next nationwide holiday will fall on Sunday, August 31, when banks will remain shut across the country.
On the regional front, the next closure will be observed in Jharkhand on Wednesday, September 3, for the festival of Karma Puja.
Banking Services During Holidays
Even when physical branches are closed, customers can continue to use internet banking, mobile apps, ATMs, and UPI services for routine transactions. Only in cases of technical upgrades or outages may digital services face temporary disruptions.
State-Wise Holiday Schedule Next Week
Banks will remain closed on different days across states next week due to regional festivals and observances:
- September 3 (Wednesday): Banks shut in Jharkhand for Karma Puja.
- September 4 (Thursday): Closure in Kerala for First Onam.
- September 5 (Friday): Major holiday across several states including Gujarat, Maharashtra, Madhya Pradesh, Mizoram, Tamil Nadu, Uttarakhand, Karnataka, Uttar Pradesh, Kerala, Jharkhand, New Delhi, Jammu & Srinagar, Hyderabad, Vijayawada, Manipur for Id-E-Milad and Thiruvonam.
- September 6 (Saturday): Banks closed in Sikkim and Chhattisgarh for Id-e-Milad (Milad-Un-Nabi) and Indrajatra.
- September 7 (Sunday): All banks nationwide closed as per the weekly holiday.
With the festive season approaching, customers are advised to plan their branch visits in advance, while relying on digital platforms for uninterrupted banking services.
