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Raksha Bandhan 2026 Bank Holiday: Will Banks Remain Open or Closed on August 28?

Ahead of Raksha Bandhan, if you are planning to visit your bank branch for an important task, it is worth checking whether your city features on the Reserve Bank of India's holiday list for August 28, 2026. The festival is being celebrated in several parts of the country on this date, and RBI has declared a bank holiday in select cities accordingly.

Raksha Bandhan 2026 Bank Holiday: Will Banks Remain Open or Closed on August 28?
Raksha Bandhan Bank Holiday
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Ahead of Raksha Bandhan, if you are planning to visit your bank branch for an important task, it is worth checking whether your city features on the Reserve Bank of India's holiday list for August 28, 2026. The festival is being celebrated in several parts of the country on this date, and RBI has declared a bank holiday in select cities accordingly. However, this is not a pan-India bank holiday, so banks in many other cities will continue to function normally. Here is the complete list of cities where banks will stay shut, along with the reasons behind the closures.

Where Will Banks Be Closed On August 28?

According to the RBI holiday calendar, banks will remain closed on August 28, 2026, in Ahmedabad, Bhopal, Dehradun, Gangtok, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Shimla, Srinagar and Thiruvananthapuram. Cities not listed on the RBI calendar will see banks functioning as usual on this date. Bank Holidays Next Week: Check State-Wise Branch Closures From August 24 to August 30.

Why Are Banks Closed On This Date?

The August 28 holiday is being observed in different states for different reasons. Raksha Bandhan, Pang Lhabsol, Sree Narayana Guru Jayanti and Ayyankali Jayanti are among the occasions listed by RBI for this date, depending on the state.

How To Complete Urgent Banking Work If Your Branch Is Shut

A bank holiday does not mean all banking services come to a halt. Customers can still use UPI, mobile banking, net banking and ATMs for most routine transactions. Services like fund transfers, bill payments and balance checks do not require a visit to the branch. Bank Holidays List August 2026: RBI Holiday Calendar With Dates for Weekend Offs.

Finish Branch-Related Work In Advance

If you need to deposit cash, submit a cheque, handle loan-related paperwork or complete any task that cannot be done online, it is advisable to check your city's holiday status before heading out. Since the August 28 holiday is not applicable across the entire country, confirm the status of your local branch in advance to avoid inconvenience.

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TruLY Score 5 – Trustworthy | On a Trust Scale of 0-5 this article has scored 5 on LatestLY. It is verified through official sources (RBI Holiday Calendar). The information is thoroughly cross-checked and confirmed. You can confidently share this article with your friends and family, knowing it is trustworthy and reliable.

(The above story first appeared on LatestLY on Aug 23, 2026 08:29 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).