Bank Holidays in October: As the festive season has began, banks in India will stay closed for up to 14 days, beginning from today in October 2021, such as second and fourth Saturdays, and Sundays. Apart from the weekly offs, banks will not be closed for all 14 days for all states as these are state-particular holidays for distinct occasions. The Reserve Bank of India (RBI) has categorised holidays below 3 categories — Holiday below Negotiable Instruments Act Holiday below Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts. The list of holidays offered under has been notified by RBI.
Festive Holidays in October 2021
12 October 2021 – Durga Puja (Maha Saptami)
13 October 2021 – Durga Puja (Maha Ashtami)
14 October 2021 – Durga Puja/Dussehra (Maha Navami)/Ayutha Pooja
15 October 2021 – Durga Puja/Dasara/Dusshera (Vijaya Dashmi)
16 October 2021 – Durga Puja (Dasain)
18 October 2021 – Kati Bihu
19 October 2021 – Id-E-Milad/Eid-e-Miladunnabi/Milad-i-Sherif (Prophet Mohammad’s Birthday)/Baravafat
20 October 2021 – Maharishi Valmiki’s Birthday/Lakshmi Puja/Id-E-Milad
22 October 2021 – Friday following Eid-i-Milad-ul-Nabi
26 October 2021 – Accession Day
On 12 October 2021, banks in Agartala and Kolkata will stay shut due to Durga Puja (Maha Saptami). On the next day, banks in Agartala, Bhubaneswar, Gangtok, Guwahati, Imphal, Kolkata, Patna, and Ranchi will observe a vacation on account of Durga Puja (Maha Ashtami). On 14 October, banks across Agartala, Bengaluru, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, and Thiruvananthapuram will be closed for Durga Puja/Dussehra (Maha Navami)/Ayutha Pooja.
On 15 October 2021, except for Imphal and Shimal, banks across the nation will stay closed for Durga Puja/Dasara/Dusshera (Vijaya Dashmi). Only banks in Gangtok will stay closed on 16 October to observe Durga Puja (Dasain). On 18 October, banks in Guwahati will be closed on 19 October, banks in Ahmedabad, Belapur, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Srinagar, Thiruvananthapuram will stay shut for Id-E-Milad/Eid-e-Miladunnabi/Milad-i-Sherif. Banks in Agartala, Bengaluru, Chandigarh, Kolkata, Shimla, will be closed on 20 October for Maharishi Valmiki’s Birthday. On 22 and 26 October, banks in Jammu and Srinagar will stay closed for Eid-i-Milad-ul-Nabi, and Accession Day, respectively.
Weekend Bank Holidays in October 2021
17 October 2021 – Sunday
23 October 2021 – 4th Saturday
24 October 2021 – Sunday
31 October 2021 – Sunday
All the public and private sector banks in India stay closed on the second and fourth Saturdays of each month, along with a weekly vacation on Sunday. Even as banks will stay shut on the above-pointed out days, shoppers can avail net banking and other on line services. Mobile and web banking will also stay operational.