The Reserve Bank of India (RBI) has scheduled 16 bank holidays for the month of October, including festivals and weekends. Let’s break down the details.
October – A Month of Holidays
As we approach October, it’s important to note that this month will kick off on a Sunday. In today’s digital age, almost everyone has a bank account and conducts various financial transactions. However, sometimes you still need to visit a bank branch for assistance. Knowing the bank holidays becomes essential in such cases, as banks follow the holiday schedule set by the RBI and state governments. Next month, banks will remain closed on 16 different days across the country.
Festivals Bring More Holidays
October is packed with festivals, which means more holidays and a temporary halt to banking transactions. Apart from the regular weekends, here’s a breakdown of the specific days when banks won’t operate in October:
1. October 2nd – Sunday – Weekend Holiday
2. October 2nd – Monday – Mahatma Gandhi Jayanti
3. October 8th – Sunday – Weekend Holiday
4. October 14th – Saturday – Mahalaya Amavasya (Durga Devi Navratri Festival) – Holiday in Kolkata
5. October 15th – Sunday – Weekend Holiday
6. October 18th – Wednesday – Katibihu Holiday in Guwahati
7. October 21st – Saturday – Durga Puja – Holiday within the city limits of Agartala, Guwahati, Imphal, Kolkata
8. October 22nd – Sunday – Weekend Holiday
9. October 23rd – Monday – Durga Puja – Holiday within the cities of Agartala, Bangalore, Bhubaneswar, Chennai, Guwahati, Hyderabad, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna
10. October 24th – Tuesday – Durga Puja (Vijayadasami) – Nationwide Holiday
11. October 25th – Wednesday – Durga Puja – Holiday in Gangtok
12. October 26th – Thursday – Durga Puja – Holiday in Gangtok, Jammu, and Srinagar
13. October 27th – Friday – Durga Puja – Holiday in Gangtok
14. October 28th – Saturday – Lakshmi Puja – Holiday in Kolkata
15. October 29th – Sunday – Weekend Holiday
16. October 31st – Wednesday – Sardar Vallabhbhai Patel Jayanti – Holiday in Ahmedabad
These holidays are essential to keep in mind for your banking needs in October.