
Customers planning to visit their local bank branches next week may want to check the holiday schedule in advance, as some closures are coming up for regional festivals alongside the usual weekly breaks.
From July 27 to August 3, banks in certain parts of the country will observe specific holidays, including a key festival in Sikkim, while online and mobile banking will continue to remain available throughout.
Bank Holidays Next Week
On Monday, July 28, all public and private banks in Gangtok and across Sikkim — including major lenders like the State Bank of India (SBI) — will remain closed for Drukpa Tshe-zi. The Buddhist festival, which falls on the fourth day of the sixth month in the Tibetan lunar calendar, commemorates Lord Buddha’s first sermon.
Apart from this regional closure, Sunday, August 3, will be a nationwide holiday for banks, as all Sundays are standard weekly offs.
Will Banks Shut on Saturday, August 2?
Saturday, August 2, will not be a bank holiday. Under the Reserve Bank of India’s (RBI) guidelines, only the second and fourth Saturdays of the month are observed as official holidays, while the remaining Saturdays see normal operations.
This July has already seen a total of seven listed bank holidays across different regions, covering both national and state-specific occasions. The RBI and respective state governments issue these holiday calendars each year, factoring in religious events, cultural festivals, and operational requirements.
For customers who need urgent banking services on holidays, ATMs, mobile banking apps and UPI transactions will remain functional. This ensures that while branches close for festivals like Drukpa Tshe-zi, essential services stay accessible to customers around the clock.
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