Bank Holiday: Banks will remain closed on Tuesday, know why RBI has given holiday on 19 August

Bank Holiday on August 19: Banks to Remain Closed in Tripura for Maharaja Bir Bikram Manikya Jayanti

If you are planning to visit your bank on Tuesday, August 19, 2025, you might need to reconsider your schedule. According to the holiday list issued by the Reserve Bank of India (RBI), banks will remain closed in Tripura on this date to mark the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur. However, banking services will function normally in all other states.

Why Banks Are Closed on August 19 in Tripura

The holiday has been declared to commemorate the birth anniversary of Maharaja Bir Bikram Manikya Bahadur, the last king of Tripura, who was born on August 19, 1908. Known as the architect of modern Tripura, he made significant contributions to the state’s education system, administrative reforms, and infrastructure development. Even decades later, his birthday continues to be observed with respect and reverence in the state.

Holiday Applicable Only in Tripura

While banks in Tripura, including both public and private sector branches, will remain closed on August 19, branches in the rest of India will operate as usual. This means customers outside Tripura can visit their banks for regular services without disruption.

What Services Will Be Available

Although physical branches in Tripura will remain closed, digital and alternative banking services will remain fully operational. Customers can continue to use:

• Internet banking

• Mobile banking apps

• UPI transactions

• ATM facilities

However, services that require branch operations, such as cheque clearing or demand draft issuance, will not be available during the holiday. Therefore, customers in Tripura are advised to plan important transactions either before or after August 19.

Upcoming Bank Holidays in August 2025

August is a month with multiple regional and festival-related bank holidays. Below are some important dates to note:

• August 19 (Tuesday): Maharaja Bir Bikram Kishore Manikya Bahadur Jayanti – applicable only in Tripura (Agartala).

• August 25 (Monday): Srimanta Sankardev Tithi – observed in Guwahati.

• August 27 (Wednesday): Ganesh Chaturthi, Samvatsari, Vinayaka Chaturthi – holidays in Mumbai, Nagpur, Chennai, Hyderabad, and other cities.

• August 28 (Thursday): Ganesh Chaturthi (second day) / Nuakhai – observed in Bhubaneswar and Panaji.

Apart from these, August already witnessed key holidays such as Independence Day on August 15 and Janmashtami on August 16.

Stock Market Holidays

Alongside bank holidays, financial markets also observe certain holidays. For instance, both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) remained closed on August 15 for Independence Day.

RBI’s August 2025 Holiday Schedule

The RBI publishes a state-wise list of bank holidays every year. These holidays are often based on local festivals, state-specific occasions, and national events. The list for August 2025 includes holidays such as Raksha Bandhan, Janmashtami, Ganesh Chaturthi, and regional observances across different states.

Key Takeaway for Customers

If you reside in Tripura, keep in mind that all bank branches will be closed on August 19. Customers should avoid scheduling branch visits for this date. Instead, they can rely on online and digital banking for essential transactions. For those outside Tripura, banking services will continue uninterrupted.

Final Note

Bank holidays in India are often state-specific, reflecting the country’s cultural diversity and regional traditions. While digital banking ensures uninterrupted access to essential services, planning ahead for physical banking needs is always advisable.