Upcoming Bank Holidays in October 2024
In India, banking operations will be significantly affected this October due to a series of public holidays. One notable date is October 2nd, when all public and private sector banks will be closed in observance of Mahatma Gandhi Jayanti. This day is a national holiday dedicated to commemorating the contributions of Mahatma Gandhi, widely recognized as the Father of the Nation. The Reserve Bank of India (RBI) has released an official holiday list confirming that banks will remain closed across all states in the country on this significant occasion.
Bank Closure Schedule for October
October 2024 will witness a total of 15 bank holidays, which could lead to interruptions in banking services. It’s advisable for customers to plan and complete their banking transactions beforehand to avoid any inconvenience during this period. Below is a detailed breakdown of the holidays when banks will not be operational:
| Date | Holiday |
|---|---|
| October 1 | Jammu and Kashmir Assembly Elections |
| October 2 | Mahatma Gandhi Jayanti / Mahalaya Amavasya |
| October 3 | Sharadiya Navratri and Maharaja Agrasen Jayanti |
| October 6 | Weekly Holiday (Sunday) |
| October 10 | Maha Saptami / Durga Puja / Dussehra |
| October 11 | Durga Ashtami / Ayudha Puja / Maha Navami |
| October 12 | Vijayadashami / Second Saturday |
| October 13 | Weekly Holiday (Sunday) |
| October 14 | Durga Puja (Gangtok) |
| October 16 | Lakshmi Puja (Agartala, Kolkata) |
| October 17 | Maharishi Valmiki Jayanti / Kati Bihu |
| October 20 | Weekly Holiday (Sunday) |
| October 26 | Acquisition Day / Fourth Saturday in Jammu and Kashmir |
| October 27 | Weekly Holiday (Sunday) |
| October 31 | Diwali (Deepawali) / Kali Puja / Sardar Vallabhbhai Patel Jayanti / Narak Chaturdashi |
Conclusion
With 15 bank holidays in October, it’s crucial for individuals and businesses to stay informed about bank operations during this period. Customers are encouraged to execute necessary transactions well in advance to ensure smooth financial operations. Being proactive can help avoid disruptions in services and maintain continuity in banking activities during the holiday month.
