Both public and private sector banks will be closed for a total of 21 days in October due to the long list of festivals and national holidays. The RBI has issued guidelines for all the holidays, including some of the regional holidays that fall in October. The bank holidays are divided into three categories, Holiday under Negotiable Instruments Act, Real-Time Gross Settlement Holiday, and Banks Closing on Accounts. The long list of holidays starts from Half Yearly Closing of Bank Accounts which is particular for Gangtok in Sikkim meanwhile the national holiday for the banks start from October 2nd, which is the Mahatma Gandhi Jayanti. Excluding the 2nd and 4th Saturdays and Sundays, there are several festivals that fall in between the month. October is usually a holiday hefty month with several festivals like Dussehra and at times Diwali falling in between the month, in addition to the Gandhi Jayanti. However, this year, the total number of holidays go over the top as a long list of national holidays awaits the public. However, not all states will get the entire 21 days bank holidays as some of these festivals and holiday dates are unique to certain states all over the country.
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Here are all the bank holidays in October:
October 1: Half Yearly Closing of Bank Accounts (Gangtok)
October 2: Mahatma Gandhi Jayanti (All States)
October 3: Sunday
October 6: Mahalaya Amavasye (Agartala, Bengaluru, Kolkata)
October 7: Mera Chaoren Houba of Lainingthou Sanamahi (Imphal)
October 9: 2nd Saturday
October 10: Sunday
October 12: Durga Puja (Maha Saptami) / (Agartala, Kolkata)
October 13: Durga Puja (Maha Ashtami) / (Agartala, Bhubaneswar, Gangtok, Guwahati, Imphal, Kolkata, Patna, Ranchi)
October 14: Durga Puja/Dussehra (Maha Navami)/Ayutha Pooja (Agartala, Bengaluru, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, Srinagar, Thiruvananthapuram)
October 15: Durga Puja/Dasara/Dusshera (Vijaya Dashmi) / (All banks except those in Imphal and Shimla)
October 16: Durga Puja (Dasain) / (Gangtok)
October 17: Sunday
October 18: Kati Bihu (Guwahati)
October 19: Id-E-Milad/Eid-e-Miladunnabi/Milad-i-Sherif (Prophet Mohammad’s Birthday)/Baravafat / (Ahmedabad, Belapur, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Srinagar, Thiruvananthapuram)
October 20: Maharishi Valmiki’s Birthday/Lakshmi Puja/Id-E-Milad (Agartala, Bengaluru, Chandigarh, Kolkata, Shimla)
October 22: Friday following Eid-i-Milad-ul-Nabi (Jammu, Srinagar)
October 23: 4th Saturday
October 24: Sunday
October 26: Accession Day (Jammu, Srinagar)
October 31: Sunday
