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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.

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.

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