Banks in both the public and private sectors will be closed nationwide on twenty-one days in October, including the second and fourth Saturdays and Sundays.
In a month, there are five Sundays. Due to a national holiday, Gandhi Jayanti, as well as other festivals like Durga Puja, Dussehra, Vijayadashami, and Diwali, there will be additional bank holidays in the approaching month.
It should be mentioned that banks in India comply with the holidays that are published. Some banks observe regional festivals and holidays, even though all banks are closed on state holidays. Local state governments determine regional bank holidays. Holidays are divided into the following categories by the Reserve Bank of India (RBI):
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Holiday under Negotiable Instruments Act
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Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday
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Banks Closing of Accounts
There will be 21 bank holidays in October, with the first one beginning on Gandhi Jayanti on October 2. Other celebrations like Durga Puja, Dussehra, or Vijayadashami on October 5 come after this. All Indian banks, except for a few states, will be closed on October 24 in celebration of Diwali or Deepawali.
Bank Holidays in October 2022
October 1: Half Yearly Closing of Bank Accounts [Gangtok]
October 2: Sunday & Gandhi Jayanti Holiday
October 3: Durga Puja (Maha Ashtami) [Agartala, Bhubaneswar, Guwahati, Imphal, Kolkata, Patna, and Ranchi]
October 4: Durga Puja/Dussehra (Maha Navami)/Ayudha pooja/Janmotsav of Srimanta Sankardeva [Agartala, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, and Thiruvananthapuram]
October 5: Durga Puja/Dussehra (Vijaya Dashmi)/Janmotsav of Srimanta Sankardeva
October 6: Durga Puja (Dashain) [Gangtok]
October 7: Durga Puja (Dashain) [Gangtok]
October 8: Second Saturday Holiday and Milad-i-Sherif/Eid-i-Milad-ul-Nabi (Birthday of Prophet Muhammed) [Bhopal, Jammu, Kochi, Srinagar, and Thiruvananthapuram]
October 9: Sunday
October 13: Karva Chauth [Shimla]
October 14: Friday following Eid-i-Milad-ul-Nabi [Jammu and Srinagar]
October 16: Sunday
October 18: Kati Bihu [Guwahati]
October 22: Fourth Saturday
October 23: Sunday
October 24: Kali Puja/Deepavali/Diwali (Laxmi Pujan)/Naraka Chaturdashi) [Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Guwahati, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, and Thiruvananthapuram]
October 25: Laxmi Puja/Deepawali/Govardhan Pooja [Gangtok, Hyderabad, Imphal, and Jaipur]
October 26: Govardhan Pooja/Vikram Samvant New Year Day/Bhai Bij/Bhai Duj/Diwali (Bali Pratipada)/Laxmi Puja/Accession Day [Ahmedabad, Belapur, Bengaluru, Dehradun, Gangtok, Jammu, Kanpur, Lucknow, Mumbai, Nagpur, Shimla, and Srinagar]
October 27: Bhaidooj/Chitragupt Jayanti/Laxmi Puja/Deepawali/Ningol Chakkouba [Gangtok, Imphal, Kanpur, and Lucknow]
October 30: Sunday
October 31: Sardar Vallabhbhai Patel’s Birthday/Surya Pashti Dala Chhath (Morning ardhya)/Chhath Puja [Ahmedabad, Patna, and Ranchi]
It should be highlighted that customers won't experience any difficulties when using the bank's services because ATMs, cash deposits, online banking, and mobile banking will all continue to run smoothly.
