Saturday bank holiday today? Are SBI, HDFC Bank, ICICI Bank and others open or closed on 5th Saturday of the month?

Many customers often get confused if banks are open or closed on the fifth Saturday of the month. As per the Reserve Bank of India’s (RBI) rules, banks are closed on national and regional festivals and Sundays, but banks also observe public holidays on the second and fourth Saturdays of every month. However, confusion always persists for a lot of consumers if banks are open or closed on the fifth Saturday of the month.

Are banks open or closed today on August 29, 2026?

Banks are open across all states on the fifth Saturday of the month. Banks are open on the first, third and fifth (in some cases) unless specified as a holiday in the RBI holiday calendar.

Banks to be closed on these festivals in August 2026

Banks in August will be closed for festivals such as Ker Puja, Tendong Lho Rum Faat, Patriot’s Day, Independence Day/Parsi New Year (Shahenshahi), birthday of Maharaja Bir Bikram Kishore Manikya Bahadur, Milad-Un-Nabi/First Onam/Milad-i-Sherif (birthday of Prophet Muhammed), Id-E-Milad/Baravafat/Milad-un-Nabi (birthday of Prophet Mohammad)/ Thiruvonam depending on the state.

August bank holidays

• August 4: Ker Puja will be observed as a holiday.
• August 8: Tendong Lho Rum Faat will be observed as a holiday.
• August 13: Patriot’s Day will be observed as a holiday.
• August 15: Independence Day and Parsi New Year (Shahenshahi) will be observed as holidays.
• August 19: The birthday of Maharaja Bir Bikram Kishore Manikya Bahadur will be observed as a holiday.
• August 25: First Onam and Milad-i-Sherif (Birthday of Prophet Muhammed) will be observed as holidays.
• August 26: Id-E-Milad, Baravafat, Milad-un-Nabi (Birthday of Prophet Mohammad) and Thiruvonam will be observed as holidays.
• August 28: Raksha Bandhan, Pang-Lhabsol, the Friday following Eid-i-Milad-ul-Nabi, Sree Narayana Guru Jayanthi and Ayyankali Jayanthi will be observed as holidays.

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