Are Banks Open or Closed Today, August 28, for Raksha Bandhan? Check Bank Holiday List

Are Banks Open or Closed Today, August 28? If you are planning to visit your bank branch, it is necessary to check the list of RBI-notified holidays. These holidays are not uniform nationwide and vary from state to state. That means on some dates, banks in certain states will remain closed, while in others, they will function normally.

Are Banks Open Or Closed Today, August 28?

According to the RBI’s bank holiday list, bank branches will remain closed today in several states on account of ‘Raksha Bandhan/Pang-Lhabsol/Friday following Eid-i-Milad-ul-Nabi/Sree Narayana Guru Jayanthi/Ayyankali Jayanthi’.

On Wednesday, August 28, banks are closed in Ahmedabad, Bhopal, Dehradun, Gangtok, Jammu, Jaipur, Kanpur, Kochi, Lucknow, Raipur, Shimla, Srinagar, and Thiruvananthapuram.

However, banks will

remain open in major cities like Mumbai, New Delhi, Hyderabad, Bengaluru, and Chandigarh.

Customers in these locations may not be able to access physical bank branches for routine services such as cash deposits, withdrawals, account-related work and other branch transactions. Digital banking services such as internet banking, mobile banking and UPI generally continue to remain available.

Are Banks Open Or Closed Tomorrow, Saturday, August 29?

Since August 29 is the 5th Saturday of the month, banks in India will remain open. Indian bank branches are normally closed only on the 2nd and 4th Saturdays (plus Sundays and applicable state holidays).

Banks Timings

Most major banks in India, including SBI, Bank of India, and Punjab National Bank, operate between 10 am and 4 pm, while ICICI, HDFC, Axis, Yes Bank, and Kotak Mahindra Bank usually function from 9:30 am to 4:30 pm or 3:30 pm, depending on the branch. Bank of Baroda has slightly extended hours, operating between 9:45 am and 4:45 pm or 10 am to 5 pm, and Canara Bank typically works from 10 am to 3:30 pm.

Bank Holidays In August 2026

Holiday Description	Date
Ker Puja	4
Tendong Lho Rum Faat	8
Patriot’s Day	13
Independence Day/Parsi New Year (Shahenshahi)	15
Birthday of Maharaja Bir Bikram Kishore Manikya Bahadur	19
First Onam/Milad-i-Sherif (Birthday of Prophet Muhammed)	25
Id-E-Milad/Baravafat/Milad-un-Nabi (Birthday of Prophet Mohammad)/Thiruvonam	26
Raksha Bandhan/Pang-Lhabsol/Friday following Eid-i-Milad-ul-Nabi/Sree Narayana Guru Jayanthi/Ayyankali Jayanthi	28

Full state-wise bank holiday list can be check on this RBI’s official link.

Five-Day Workweek Demand

Though banks remain closed on second and fourth Saturdays of the month, bank unions have been demanding five day workweek. If approved, it would mean banks will remain all Saturdays and Sundays.

Earlier this year, bank unions went on strike. They have announced fresh strikes in September and October as well. They said a five-day work week would reduce work pressure, improve efficiency, and allow employees more time with their families. Most central government offices and financial institutions in India already follow a five-day schedule, bank staff want the same.

To ensure customer services aren’t affected, the United Forum of Bank Unions (UFBU) has proposed working 40 extra minutes a day from Monday to Friday. The forum points out that RBI, LIC, GIC, stock markets, forex and money markets already remain closed on Saturdays.