As October nears, a festive fervor sweeps the country, leading to varying bank holidays in different states.
The reason behind this diversity is the celebration of Durga Puja, a significant festival in India.
In many regions, Durga Puja festivities extend until October 27th, prompting banks to close on different days – some on the 25th, others on the 26th or 27th.
Additionally, another festival affecting bank services is Dussehra, observed on October 23rd according to the RBI holiday calendar.
This results in bank closures in various cities, including Agartala, Bengaluru, Bhubaneswar, Chennai, Guwahati, Hyderabad, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna, Ranchi, Shillong, and Thiruvananthapuram.
Towards the end of the month, banks will also observe a holiday to commemorate the birth anniversary of Vallabhbhai Patel, providing a respite for those looking to plan their banking activities.
Here’s a concise breakdown of the bank holidays for October 2023:
October 21: Durga Puja (Agartala, Guwahati, Imphal, Kolkata)
October 22: Sunday
October 23: Dussehra, Shastra Puja, Durga Puja, Vijayadashami (Agartala, Bengaluru, Bhubaneswar, Chennai, Guwahati, Hyderabad, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna, Ranchi, Shillong, Thiruvananthapuram)
October 24: Dussehra/Durga Puja (All India except Hyderabad and Imphal)
October 25: Durga Puja (Gangtok)
October 26: Durga Puja (Gangtok, Jammu, Srinagar)
October 27: Durga Puja (Gangtok)
October 28: Fourth Saturday
October 28: Lakshmi Puja (Kolkata)
October 29: Sunday
October 31: Birthday of Sardar Vallabhbhai Patel (Ahmedabad)
there are regular holidays like the second and fourth Saturdays and Sundays. As per the RBI calendar, October boasts a total of 11 holidays, which can either be festival-related or gazetted.
It’s essential to be aware that some of these bank holidays are regional and may vary from state to state and bank.