2 weeks ago
Banks Closed Nationwide on India's 80th Independence Day
India is a big country that became independent a long time ago.
Every year on August 15, people in India celebrate Independence Day.
This year, August 15, 2026, marks India's 80th Independence Day.
On this special day, banks across the country are closed, so people cannot do their banking.
The holiday list is decided by the Reserve Bank of India.
Banks are also closed for another festival called Shahenshai Parsi New Year.
The prime minister of India raises the national flag at the Red Fort in Delhi and gives a speech.
Stock exchanges, where people buy and sell company shares, are also closed for the weekend.
More bank holidays are coming later in August for different festivals in different cities.
Banks across India are closed on Saturday, August 15, 2026, for the country's 80th Independence Day.
The closure follows the Reserve Bank of India's holiday calendar and also marks Shahenshai Parsi New Year.
Independence Day, Republic Day, and Gandhi Jayanti are national gazetted holidays under the Negotiable Instruments Act, 1981.
Stock exchanges NSE and BSE, along with commodity exchanges MCX and NCDEX, will remain closed over the weekend.
More bank holidays are scheduled through August, varying by city, including August 19 in Agartala, August 25 in Kochi, Thiruvananthapuram and Vijayawada, and regional festivals on August 26 and 28.
- Who
- Banks across India, along with stock exchanges NSE and BSE and commodity exchanges MCX and NCDEX, as outlined in the Reserve Bank of India's holiday calendar.
- What
- Banks and financial institutions are closed across the country on account of India's 80th Independence Day and Shahenshai Parsi New Year.
- Where
- Across India, including a flag-hoisting ceremony at the Red Fort in Delhi; regional closures in cities such as Agartala, Kochi, Thiruvananthapuram, Vijayawada, Mumbai and New Delhi.
- When
- Saturday, August 15, 2026, with exchanges also closed through the weekend; additional city-wise holidays continue through August 28.
- Why
- Independence Day is a national gazetted holiday under the Negotiable Instruments Act, 1981, celebrated to pay homage to the leaders of the Indian Independence movement.
Key facts
- Holiday date
- Saturday, August 15, 2026
- Occasions
- 80th Independence Day of India and Shahenshai Parsi New Year
- Banks
- Closed nationwide per the RBI holiday calendar
- Stock exchanges
- NSE and BSE closed on Saturday and Sunday
- Commodity exchanges
- MCX and NCDEX closed
- National gazetted holidays
- Independence Day (Aug 15), Republic Day (Jan 26), Gandhi Jayanti (Oct 2)
- Next holiday
- August 19 in Agartala - Birthday of Maharaja Bir Bikram Kishore Manikya Bahadur
- August 26 closures
- Cities including Mumbai, Bengaluru, Chennai and New Delhi for Id-E-Milad and Thiruvonam
Sources
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