With August being a month which marks the beginning of the festival season, there are a spate of holidays during the month and banks will remain closed for 15 days with several regional and national holidays along with weekly-offs falling almost every week.
However during the period between August 19 and August 23, 2021, there are as many as five bank holidays, therefore people are advised to complete all their important tasks as soon as possible. Some of the known holidays which are falling during this period are Muharram, Raksha Bandhan and Onam.
This week, banks were first closed in Maharashtra on Monday on the occasion of Navroz, which is commonly referred to as the Parsi New Year.
- August 19: Due to Muharram, the first month of the Islamic calendar, banks in several states including Gujarat, Maharashtra, Madhya Pradesh, West Bengal and Uttar Pradesh etc will remain closed.
- August 20: On the occasion of Onam, the annual harvest festival celebrated in Kerala, banks will remain closed not only in Kerala but also in Karnataka and Tamil Nadu.
- August 21: Banks will only be closed in Kerala on the occasion of Thiruvonam.
- August 22: Apart from being a Sunday, when all banks are closed, the festival of Raksha Bandhan is also falling on August 22.