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Bank Holiday On Saturday: In October, banks are closed for 15 days due to a combination of national and regional holidays
Saturday Bank Holiday
Saturday Bank Holiday October 2024: Banks are generally closed on the second and fourth Saturdays, all Sundays, and national holidays, with state-specific holidays varying. In October 2024, banks in various states are observing around 15 days of holidays due to several festivals.
Will Banks Be Open on Saturday, October 26?
Banks will be closed on October 26, 2024, as the date falls on the fourth Saturday of the month, typically a non-working day for bankers in public dealing.
Bank Employees Likely to Get 5-Day Work Week by December 2024?
Even as bank employees have been raising demand for a 5-day work week, the long-standing proposal is now likely to receive the finance ministry’s final approval by the end of December 2024, according to media reports. As a result of this, bank branches will remain closed on all Saturdays and Sundays, instead of all Sundays and second & fourth Saturdays currently.
Bank Holidays In October 2024
In October, banks across India are closed for 15 days due to a combination of national and regional holidays. Major festivals like Diwali, Saptami, and Dussehra will lead to closures in various regions. Individuals should plan their banking activities to avoid any disruptions.
In addition to holiday closures, banks also remain closed on Sundays and the second and fourth Saturdays of each month.
The Reserve Bank of India (RBI) issues an annual list of bank holidays, accounting for festivals, regional events, national holidays, and regular weekend closures.
Overview of Bank Holidays in October 2024
Bank Holidays October 2024 India
- October 1: Holiday due to assembly elections in Jammu and Kashmir.
- October 02: Mahatma Gandhi Jayanti/Mahalaya Amavasya
- October 03: Shardiya Navratri and Maharaja Agrasen Jayanti.
- October 06: Weekly holiday (Sunday).
- October 10: Maha Saptami/Durga Puja/Dussehra
- October 11: Dussehra (Mahashtami/Mahanavami)/Ayudha Pooja/Durga Puja (Dasain)/Durga Ashtami
- October 12: Dasara/Dussehra (Mahanavami/Vijayadashami)/Durga Puja (Dasain) and the second Saturday.
- October 13: Weekly holiday (Sunday).
- October 14: Durga Puja (Dasain) and Dussehra in Gangtok.
- October 16: Lakshmi Puja (Agartala, Kolkata).
- October 17: Maharshi Valmiki Jayanti/Kati Bihu
- October 20- Sunday
- October 26: Accession Day (Jammu and Kashmir) and Fourth Saturday.
- October 27: Weekly holiday (Sunday).
- October 31: Diwali (Deepavali)/Kali Puja/Sardar Vallabhbhai Patel’s Birthday/Naraka Chaturdashi
Statewise Bank Holiday List
Here’s RBI’s Official Region-wise Calendar For Bank Holidays In October 2024;
