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Bank Holiday Alert: Are Banks Closed Today for Janmashtami 2024?

Are Banks Closed Today for Janmashtami 2024?

Yes, banks are closed today, August 26, 2024, in many Indian states due to the Janmashtami holiday, which celebrates the birth of Lord Krishna. States where banks are closed include Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, West Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh, and Srinagar.

However, banks will remain open in other states like Tripura, Mizoram, Maharashtra, Karnataka, Assam, Manipur, Arunachal Pradesh, Kerala, Nagaland, New Delhi, and Goa.

Long Weekend for Bank Employees

This Janmashtami holiday falls on a Monday, creating a long weekend for bank employees in many states. The holiday follows the fourth Saturday (August 24) and Sunday (August 25), meaning banks will have three consecutive non-working days in these regions.

Check Local Bank Schedules

Bank holidays vary by state due to different regional customs and needs. It’s best to check with your local bank branch to confirm if they’re closed today.

Bank Holidays in August 2024

There are several non-working days in August 2024, including two Saturdays and four Sundays, in addition to various national and regional holidays. This month alone, there are nine non-working days for banks, so plan your visits accordingly.

Alternative Banking Options

Even when banks are closed, online banking services and mobile apps are available for transactions. ATMs are also accessible for cash withdrawals.

How Bank Holidays Are Decided

The Reserve Bank of India (RBI) and state governments determine bank holidays based on national and local events, religious festivals, and other important occasions. The RBI publishes a list of these holidays on its official website.

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