Hyderabad: Banks in the city are set to observe nine holidays in August. However, ATMs and mobile banking will be available during these holidays.
In August, banks throughout India, both public and private, will be closed for up to 13 days, which includes Sundays, national and regional holidays, and the second and fourth Saturdays of the month.
The exact dates and the states impacted by these closures vary.
Hyderabad banks to observe holiday on Aug 26
On July 26, banks in the city will remain closed due to Janmashtami. In addition to these holidays, banks will be closed on Independence Day, Raksha Bandhan, Sundays, and the second and fourth Saturdays.
Complete List of Bank Holidays in Hyderabad for August
- August 4: Sunday
- August 10: Second Saturday
- August 11: Sunday
- August 15: Independence Day
- August 18: Sunday
- August 19: Raksha Bandhan
- August 24: Fourth Saturday
- August 25: Sunday
- August 26: Janmashtami
Types of Banks in India
In Hyderabad and other cities in India, banks are classified based on ownership, type of customers, etc. The various types of banks in India are:
- Public sector banks
- Private sector banks
- Co-operative banks
- Regional rural banks
- Payment banks
- Small finance banks
- Foreign banks
These banks in Hyderabad will observe holidays on the nine listed days in August.