Bank Holidays in October 2024: As we enter into a month of festivals, here is a look at the holiday list for the month of October. As outlined in the Reserve Bank of India (RBI) holiday calendar, banks in India will remain closed for a total of 15 days in the month of October including public holidays, regional holidays, and regular closures on Sundays, second and fourth Saturdays. These closures will impact multiple cities across the country. October includes festivals like Durga Puja, Dussehra, Diwali and also Mahatma Gandhi Jayanti. Despite the banks remaining shut on these specific days, customers can access banking services via net banking, ATMs, mobile applications, and bank websites.
In September, banks were closed for 12 days and these holidays included Ganesh Chaturthi, Onam, and Id-e Milad, and the usual weekend breaks.
RBI classifies holidays into three categories: Real-Time Gross Settlement Holiday, Banks’ Closing of Accounts Holiday, and Holidays Under the Negotiable Instruments Act. Banks remain closed on the second and fourth Saturdays of every month. The RBI, in 2015, had announced that both private and PSU banks in India would remain closed on the second and fourth Saturdays of the month. While on other Saturdays, banks will stay operational full-day. Banks across the country remain closed on Sundays.
During state-specific festivals, the banks will remain shut only in those states, while during national festivals, banks across the country remain closed. Here is a look at the dates of the October 2024 bank holidays across regions.
Full Calendar of Bank Holidays for October 2024
October 1 (Tuesday): General Elections to the State Legislative Assembly 2024 – Banks will remain closed in Jammu.
October 2 (Wednesday): Mahatma Gandhi Jayanti/Mahalaya Amavasye – Since it’s a national holiday, banks will stay shut in all the cities across India.
October 3 (Thursday): Navratra Sthapna – Banks will be closed in Jaipur.
October 10 (Thursday): Durga Puja/Dussehra (Maha Saptami) – Banks will be closed in Agartala, Guwahati, Kohima and Kolkata.
October 11 (Friday): Dusshera (Mahashtami/Mahanavami)/Ayudha Pooja/Durga Puja (Dasain)/Durga Ashtami – Banks will stay shut in Agartala, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Imphal, Itanagar, Kohima, Kolkata, Patna, Ranchi and Shillong.
October 12 (Saturday): Dasara/Dussehra (Mahanavami/Vijayadashmi)/Durga Puja (Dasain) – Banks will remain closed across the country except for Ahmedabad, Aizawl, Bengaluru, Imphal and Kohima.
October 14 (Monday): Durga Puja (Dasain) – Banks will be closed in Gangtok.
October 16 (Wednesday): Lakshmi Puja – Banks will stay shut in Agartala and Kolkata.
October 17 (Thursday): Maharshi Valmiki Jayanti/Kati Bihu – Banks will be closed in Bengaluru, Guwahati and Shimla.
October 26 (Saturday): Accession Day – Banks will be shut in Jammu and Srinagar.
October 31 (Thursday): Diwali (Deepavali)/Kali Puja/Sardar Vallabhbhai Patel’s Birthday/Naraka Chaturdashi – Banks will remain closed across regions except for Agartala, Belapur, Dehradun, Gangtok, Imphal, Jammu, Mumbai, Nagpur, Shillong and Srinagar.