On August 28, 2026, banks across several Indian states are observing closures in celebration of Raksha Bandhan. The Reserve Bank of India (RBI) designates Raksha Bandhan as a regional holiday, meaning bank operations are affected locally rather than nationwide.
States Affected by Raksha Bandhan Bank Holiday
Customers planning to visit physical bank branches today should note that operations are suspended in the following states:
- Gujarat
- Madhya Pradesh
- Uttarakhand
- Sikkim
- Rajasthan
- Jammu and Kashmir
- Uttar Pradesh
- Kerala
- Himachal Pradesh
Both public and private sector banks in these regions will have their physical branches closed for the day.
Digital Banking Services Remain Fully Operational
Despite the branch closures, all digital banking services are functioning normally across the country. Customers can continue to utilize online banking platforms, mobile applications, and Unified Payments Interface (UPI) facilities 24/7 for their financial transactions. This includes processing fund transfers via NEFT/RTGS, requesting demand drafts, and applying for chequebooks online. Additionally, ATMs and debit cards are fully available for cash withdrawals and other services.
Upcoming Bank Holidays and Reopening Schedule
Following the Raksha Bandhan holiday, physical bank branches in affected states will reopen for two operating days on August 29 and August 31, 2026, to conclude the month. Customers planning future branch visits should also be aware of upcoming regional holidays in September:
- September 4: Janmashtami
- September 11: Elections (Jaipur Municipal Corporation jurisdiction)
- September 12: Tirubhav Tithi of Srimanta Sankardeva
- September 14 & 15: Ganesh Chaturthi
- September 21: Janmotsav of Srimanta Sankardeva
Furthermore, all banks nationwide will observe standard closures on Sundays, as well as the second and fourth Saturdays of each month. Operational weekdays typically see public dealing hours from 10:00 am to 4:00 pm. Customers are advised to confirm specific holiday applicability with their local bank branches.