Bank Holidays October: Banks To Remain Closed For 16 Days, Check State-Wise Holiday List

In October, the banks will be closed all over the country during holidays like Durga Puja, Dussehra, and Gandhi Jayanti. In some states, banks will observe Sri Mahalaya, Kati Bihu, and Lakshmi Puja.

The Reserve Bank of India (RBI), India's banking regulatory authority, publishes the annual bank holiday calendar for the entire year. ( Image Source :Getty )

Bank Holidays in October 2023: During the month of October, banks are scheduled to remain closed for a total of 16 days due to both national and regional holidays. From Durga Puja to Dussehra, October is the month we enter the session of festively. The banks will be closed all over the country during holidays like Durga Puja, Dussehra, and Gandhi Jayanti. In some states, banks will observe Sri Mahalaya, Kati Bihu, and Lakshmi Puja. Other holidays include all Sundays as well as the second and fourth Saturdays.

The Reserve Bank of India (RBI), India's banking regulatory authority, publishes the annual bank holiday calendar for the entire year. Bank holidays in India encompass mandatory holidays prescribed by the banking sector, alongside additional holidays recognised by various states for festivals and special occasions. Further, in accordance with RBI guidelines, both public sector banks and private sector banks observe non-working days on Sundays and the second and fourth Saturdays of each month.

Here Is The State-Wise List Of Bank Holidays In October

Date	Day	Holiday	States
October 1, 2023	Sunday	Weekend Holiday	All Over India
October 2, 2023	Monday	Gandhi Jayanti	All Over India
October 8, 2023	Sunday	Weekend Holiday	All Over India
October 14, 2023	Saturday	Mahalaya and Second Saturday	West Bengal
October 15, 2023	Sunday	Weekend Holiday	All Over India
October 18, 2023	Wednesday	Kati Bihu	Assam
October 21, 2023	Saturday	Durga Puja- Maha Saptami	Tripura, Assam, Manipur, and West Bengal
October 22, 2023	Sunday	Weekend Holiday	All Over India
October 23, 2023	Monday	Dussehra-Maha Navami or Ayudha Pooja on Vijaya Dasami	Tripura, Karnataka, Odisha, Andhra Pradesh, Assam, Kerala, Nagaland, Bihar, Tamil Nadu, Uttar Pradesh, and West Bengal
October 24, 2023	Tuesday	Dussehra or Vijaya Dashami or Durga Puja	All Over India Except Andhra Pradesh and Manipur
October 25, 2023	Wednesday	Durga Puja or Dashain	Sikkim
October 26, 2023	Thursday	Durga Puja or Dashain or Accession Day	Sikkim, Jammu and Kashmir
October 27, 2023	Friday	Durga Puja or Dashain	Sikkim
October 28, 2023	Saturday	Lakshmi Puja and Fourth Saturday	West Bengal
October 29, 2023	Sunday	Weekend Holiday	All Over India
October 31, 2023	Friday	Sardar Vallabhbhai Patel's birth anniversary	Gujarat

Holidays are classified into three categories by the RBI, which include Holidays under the Negotiable Instruments Act, Real Time Gross Settlement Holidays, and Banks' Closing of Accounts.

It is important to note that bank-related services will remain unaffected, ensuring convenience for the public, as essential services such as ATM operations, cash deposits, online banking, and mobile banking will continue to be available even on these holidays.