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Today Bank Holiday in India: Banks Closed in This City on August 8

Written by: Nikitha DeviUpdated on: 8 Aug 2025, 3:12 pm IST
Today is a bank holiday in select Indian states due to regional festivals, impacting banking operations in those areas.
Today Bank Holiday in India: Banks Closed in This City on August 8
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On Friday, August 8, 2025, banks in Gangtok will remain closed in observance of Tendong Lho Rum Faat, as per the state-wise holiday calendar issued by the Reserve Bank of India (RBI). Banking operations in the rest of the country will continue as usual.

About TendongLho Rum Faat

Tendong Lho Rum Faat is one of the oldest and most significant festivals celebrated by the Lepcha community of Sikkim. Observed in August, it is dedicated to expressing gratitude to Mount Tendong for protecting the community from natural disasters in ancient times. The festival also serves as a time for prayers for the welfare, peace, and prosperity of the people. Traditional rituals, cultural performances, and community gatherings mark the occasion, making it a vibrant and deeply rooted celebration in Sikkim’s cultural calendar.

Bank Holiday Rules in India

Bank closures across India vary depending on national, religious, and regional observances. Apart from designated holidays, banks are closed on the second and fourth Saturdays of every month, along with Sundays.

The RBI publishes an annual holiday list in accordance with the Negotiable Instruments Act, which governs banking transactions involving cheques, bills of exchange, and promissory notes. During such holidays, in-branch services and certain transactions remain unavailable, though online banking channels continue to function.

Upcoming Bank Holiday

The next scheduled bank holiday is Saturday, August 9, 2025, for Raksha Bandhan. On this day, banks in several states will remain closed to celebrate the Hindu festival.

Also ReadBank Holidays in August 2025: RBI Schedule to Know!

Conclusion

While August 8 marks a regional bank closure in Gangtok for Tendong Lho Rum Faat, banking services remain unaffected elsewhere in India. Customers in Sikkim are advised to plan transactions accordingly, especially with the upcoming holiday for Raksha Bandhan on August 9.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Aug 8, 2025, 9:40 AM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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