Bank Holiday on Independence Day 2024: Half of the month of August has passed and tomorrow, i.e. on 15th August, Independence Day will be celebrated with great pomp and show across the country. This is a national festival, due to which all the government and non-government institutions of the country will remain closed. Banks are also included in this. If you have to settle any important financial work related to banks, then complete it today because tomorrow banks will remain closed across the country. According to the list of holidays of the Reserve Bank of India (RBI), apart from 15th August, there will be many holidays in the banks in the next 15 days due to various festivals.
There will be so many days holiday in banks in August
Tomorrow, on August 15, on the special occasion of Independence Day, all government, private and rural banks will remain closed. After this, banks will function normally on August 16 and 17. After this, on August 18, due to Sunday, banks will remain closed across the country. On August 19, banks will remain closed in Agartala, Ahmedabad, Bhubaneswar, Dehradun, Jaipur, Kanpur, Lucknow and Shimla due to Rakshabandhan/Jhulna Purnima/Bir Bikram Kishore Manikya Bahadur’s birthday.
On August 20, banks will remain closed in Kochi and Thiruvananthapuram on the occasion of Shri Narayan Guru Jayanti. After this, banks will remain closed on the fourth Saturday of August 24. Banks will remain closed on August 25 due to Sunday. On August 26, the festival of Shri Krishna Janmashtami will be celebrated across the country. In such a situation, banks will remain closed on this day in Ahmedabad, Bhubaneshwar, Chandigarh, Chennai, Dehradun, Gangtok, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Patna, Raipur, Ranchi, Shimla and Shillong.
This is how you can settle your work when the bank is closed
There are a lot of holidays in banks in the next two weeks. In such a situation, you should go to the bank only after checking the list of Reserve Bank. Due to changing technology, important bank related work can be done even on holidays. Use ATM to withdraw cash on holidays. You can use net banking or mobile banking to transfer money from one account to another.
Will the stock market also remain closed?
Apart from banks, the stock market will also remain closed on August 15. Independence Day is a national festival. Due to this, there will be no trading on NSE and BSE. In such a situation, equity, equity derivative, SLB, currency derivative and interest derivative markets will also remain closed tomorrow. After this, the market will function normally on Friday. On Saturday and Sunday, the market will remain closed due to weekend.
There will be no trading in the market on these days in August-
- August 15, 2024 – Stock market will remain closed on Independence Day
- August 17, 2024- Saturday will be a holiday
- August 18, 2024 – Holiday on Sunday
- August 24, 2024 – Market will be closed due to Saturday
- August 25, 2024 – Holiday due to Sunday
- August 31, 2024 – Market will be closed due to Saturday
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