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.