New Delhi: Public and private banks close for at least 21 days in October to observe several holidays throughout the month, including Durga Puja, Navratri, and Dussehra. If you plan on visiting a bank branch this week, you should be aware of these holidays to avoid any inconveniences.
The Reserve Bank of India has announced three bank holidays: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On these specified holidays, all banks in the country, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, will be closed.
All banks are closed on Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day, according to the RBI list (December 25). Banks are also closed on holidays like as Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday. The private and public sector banks across the country are closed on the second and fourth Saturdays of each month. The Reserve Bank of India (RBI) has also mandated that banks remain closed on Sundays.
It should be noted, however, that bank holidays differ from one state to the next. In your state, bank holidays may not be observed on all days. As a result, bank customers are typically recommended to contact their local branch to obtain a complete list of bank holidays.
3) October 22 – Friday following Eid-i-Milad-ul-Nabi (Jammu, Srinagar)
4) October 23 – 4th Saturday
5) October 24 – Sunday
6) October 26 – Accession Day (Jammu, Srinagar)
7) October 31 - Sunday
#mute
