Bank Holidays Ahead: SBI, HDFC, ICICI, Other Banks Shut For 4 Days From August 25-31? Onam, Eid-e-Milad, Rakhi

Banks are in for a long-holiday week from August 24th to August 31st. Banks in several cities will be closed for at least four days due to celebration of Onam, Eid-e-Milad, Thiruvonam, and Raksha Bandhan among other festivals. These banks include both private and public such as SBI, HDFC Bank, ICICI Bank, Bank of Baroda, Punjab National Bank, Axis Bank, IndusInd Bank, Kotak Mahindra Bank, Canara Bank, Union Bank of India, Bank of India, and Indian Overseas Bank among others.

The Reserve Bank of India decides holidays for banks depending upon state, culture and events. Hence, bank holidays vary from city to city.

Bank Holiday On August 25

On August 25, banks will be closed in cities like Kochi and Thiruvananthapuram for the celebration of First Onam and Milad-i-Sherif.

Bank Holiday On August 26

On this day, banks will be closed for Id-E-Milad, Baravafat, Milad-un-Nabi (Birthday of Prophet Mohammad) and Thiruvonam.

SBI, HDFC Bank, ICICI Bank and other private and public banks will be closed in cities like Belapur, Bengaluru, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kochi, Kanpur, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur, Ranchi, Srinagar, Thiruvananthapuram, and Vijayawada.

Bank Holiday On August 28

Banks will be closed in several cities due to celebration of a host of festivals. On this day, festivals like Raksha Bandhan, Pang-Lhabsol, Friday following Eid-i-Milad-ul-Nabi, Sree Narayana Guru Jayanthi and Ayyankali Jayanthi will be followed.

On August 28, banks will be closed in cities like Ahmedabad, Bhopal, Dehradun, Gangtok, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Shimla, Srinagar and Thiruvananthapuram.

Bank Holidays On August 29 Or August 30?

Since August 29th is the fifth Saturday of the month, all banks will be open as normal across the country.

However, banks will be closed on August 30th due to Sunday.

Onam 2026:

Onam is originally a harvest festival celebrated by Malayalis across the world. The festival is of 10 days and is of great important for people of Kerala. As per Office Holidays report, The festival lasts 10 days with official state holidays on three or four days starting from Onam Eve (Uthradom) to the Third Onam Day. The festival falls during the Malayalam month of Chingam (which usually falls in August or September) and marks the annual homecoming of the mythical King Mahabali who the Malayalees consider as their King.

Milad-i-Sherif 2026:

Milad-i-Sherif is also popularly known as Mawlid or Eid-e-Milad or Milad-e-nabi. This day is of great significance for Muslims across the world as they celebrate the birthday of their Prophet Muhammad.

The festival is stretched for another two days depending upon states and regions.

Eid-e-Milad, or Eid Milad un Nabi, is a cherished Muslim festival celebrated throughout India. This joyous occasion commemorates the birth of Prophet Muhammed, the revered founder of Islam, who is regarded as a messenger of God by Muslims worldwide. This auspicious anniversary falls in the third month of the Islamic calendar, Rabi' al-awwal, as per Incredible India.

Thiruvonam 2026:

Thiruvonam marks the pinnacle of Onam celebrations in Kerala, embodying a vibrant tapestry of colors, flavors, and traditions. This auspicious day commemorates the return of the mythical King Mahabali, a beloved ruler whose reign was characterized by prosperity and happiness. Houses are adorned with intricate floral carpets called Pookkalam, and the air is filled with the sounds of traditional art forms and games, as per Kerala Tourism.

Raksha Bandhan 2026:

Raksha Bandhan is a popular and traditionally Hindu annual rite or ceremony that is central to a festival of the same name celebrated in South Asia, and among people around the world influenced by Hindu culture, as per Wikipedia.

Pang-Lhabsol 2026:

Pang Lhabshol, a festival commemorating the consecration of Mt.Khangchendzonga as the guardian deity of the state, is unique to Sikkim. It has its origin in the Lepcha people's belief that the mountain is their place of origin and has its roots in Lhatsun Chenpo's ( propagator of Buddhism in Sikkim) vision. It is said that while meditating in a cave at Dzongri in West Sikkim, the mountain god Khangchendzonga appeared to him, as per Utsav government website.

Sri Narayana Jayanthi 2026:

Sri Narayana Jayanthi is a state festival of Kerala. It is celebrated on Chathayam day during the Onam season in Chingam month of Malayalam calendar. It marks the birthday of Narayana Guru, a saint and a social reformer of India who fought against the caste system of Hindu religion, as per Wikipedia.

Ayyankali Jayanthi 2026:

Ayyankali (28 August 1863 - 18 June 1941) was an Indian social reformer, educator, economist, lawmaker, and revolutionary leader. He worked for the advancement of oppressed people in the princely state of Travancore. His struggles resulted in many changes that improved the socio-political structure of Kerala. His determined and relentless efforts transformed the lives of Dalits. He is known as the King of Pulaya, as per Wikipedia.