Onam 2024 Bank Closures: Is September 14 a Holiday? Check the RBI Calendar!

Koushik Roy

Bank Holiday Alert: Gandhi Jayanti – Check RBI Closure List for Today!

Bank Holidays in October 2024: Planning Ahead

Bank Holiday for Gandhi Jayanti: On October 2, 2024, all banks across India, both public and private, will be closed in observance of Gandhi Jayanti. This day marks the birth anniversary of Mahatma Gandhi, a pivotal figure in India’s struggle for independence. As festivities continue with the onset of Shardiya Navratri on October 3, it’s essential to be mindful of the bank holidays throughout the month, which are expected to affect banking operations for up to 15 days.

Understanding the Importance of Bank Holidays

Holidays like Gandhi Jayanti are significant as they honor historical figures and events. The Reserve Bank of India (RBI) officially lists these holidays, providing a schedule that impacts banking services nationwide. With October being a month rich in festivals such as Shardiya Navratri, Dussehra, Diwali, and regional observances, planning ahead is critical for anyone needing to conduct bank-related transactions.

Bank Holiday Schedule for October 2024

Key Dates

   

Here’s a comprehensive list of the bank holidays in October 2024:

DateHoliday
October 2Mahatma Gandhi Jayanti / Mahalaya Amavasya
October 3Navratri Installation
October 6Weekly Holiday (Sunday)
October 10Dussehra / Maha Saptami / Durga Puja
October 11Durga Ashtami / Ayudha Puja / Maha Navami
October 12Vijayadashami / Second Saturday
October 13Weekly Holiday (Sunday)
October 14Durga Puja (Gangtok)
October 16Lakshmi Puja (Agartala, Kolkata)
October 17Maharishi Valmiki Jayanti / Kati Bihu
October 20Weekly Holiday (Sunday)
October 26Acquisition Day / Fourth Saturday (Jammu and Kashmir)
October 27Weekly Holiday (Sunday)
October 31Diwali (Deepawali) / Kali Puja / Sardar Vallabhbhai Patel Jayanti / Narak Chaturdashi

Plan Your Banking Activities

Given the extensive list of holidays in October 2024, individuals and businesses are advised to plan their banking activities well in advance. Whether it’s withdrawing cash, depositing checks, or any other financial services, checking the holiday schedule can help avoid any unnecessary inconveniences. Remember, banks will also observe weekly holidays on Sundays, creating long gaps in service availability during the festival season.

Conclusion

As October approaches, be prepared for the closures and plan accordingly for any banking needs. Utilize the holiday list to schedule visits to your local branch effectively, ensuring that your banking transactions are not hindered during this festive period.