On the occasion of Ganesh Chaturthi, banks will remain closed in many states including Gujarat, Maharashtra, Bengaluru on August 27. According to the Reserve Bank, branches will remain closed but online services will continue. Essential personal work such as cash deposit and demand draft issuance will not be available.
Bank Holiday: Banks in many states in the country will remain closed on Wednesday, August 27 on the occasion of Ganesh Chaturthi (Ganesh Chaturthi bank holiday). According to the holiday calendar of the Reserve Bank of India (RBI), banks will remain closed on this day in Gujarat, Maharashtra, Bengaluru, Odisha, Tamil Nadu, Telangana, Goa and Andhra Pradesh.
Bank branches will remain closed, but customers can continue to use online banking, mobile apps, ATMs and digital payment platforms for regular transactions such as money transactions, bill payments, deposits and loan applications.
However, services that require in-person visits such as bulk cash deposits for businesses, issuance of demand drafts, or account settlement processes will not be available.
Upcoming Bank Holidays
August 28: Banks will be closed for Nuakhai in Odisha and the second day of Ganesh Chaturthi in Goa.
The next nationwide bank holidays will be in October for Gandhi Jayanti (October 2) and Diwali (October 21 and 22).
In total, Indian banks typically observe 13-15 holidays per year, which vary by state and festival calendar.
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