New Delhi: The month of October has several holidays --some being observed nation-wide while some local festivities being celebrated across the country. Several bank branches will remain closed in various states owing to these festivities.
Before visiting your bank branch this week, you must note down the list of important days during which banks will remain closed in the coming days.
Starting today (Monday), banks will remain closed for total 6 days this week although online banking activities will continue to work.
Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts.
Here is an elaborate list of bank holidays for the upcoming days in October 2021. Check out the list.
October 18 - Kati Bihu (Assam)
October 19 - Id-E-Milad/Eid-e-Miladunnabi/Milad-i-Sherif (Prophet Mohammad’s Birthday)/Baravafat (Nation except for Gujarat, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttarakhand, Andhra Pradesh, Telangana, Jammu, Kashmir, Uttar Pradesh, Kerala, Delhi, Chhattisgarh, Jharkhand )
October 20 - Maharishi Valmiki’s Birthday/Lakshmi Puja/Id-E-Milad (Tripura, Punjab, West Bengal, Karnataka, Haryana, Himachal Pradesh)
October 22 - Friday following Eid-i-Milad-ul-Nabi (Jammu and Kashmir )
October 23 - 4th Saturday
October 24 - Sunday
However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.
If you keep a track of these holidays, you would be able to plan bank transaction activities in a better way.