New Delhi: If you want to visit any bank branch this month or in October 2021, you must know that both public and private sector banks will be closed for nine days from tomorrow. In October, there will be a variety of festivities across the country including Durga Puja, Navratri and Dussehra. According to the Reserve Bank of India (RBI) schedule, a large number of banks will have holidays this month.
The banking authority has announced three types of holidays for lenders: Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks Closing of Accounts. On these specified holidays, all banks in the country including public sector, private sector, foreign banks, co-operative banks and regional banks will remain closed. Also Read: Samsung Galaxy A13 5G Leaked Ahead of Official Launch: Check Price, Features and More
According to the RBI list (25 December), all banks are closed on Republic Day (26 January), Independence Day (August 15), Gandhi Jayanti (October 2) and Christmas Day. Banks are also closed on holidays like Diwali, Christmas, Eid, Guru Nanak Jayanti and Good Friday. Private and public sector banks across the country remain closed on the second and fourth Saturdays of every month. The Reserve Bank of India (RBI) has also ordered the bank to remain closed on Sunday. ALSO READ: WhatsApp will allow users to pause voice recording for short, clear messages
It is important to note that bank holidays vary from state to state. In your state, bank holidays may not be observed on all days. Consequently, bank customers are generally advised to contact their local branch to get a complete list of bank holidays.
Banks will be closed for a total of 21 days in October 2021. Starting from 11 October 2021, here is the complete list of bank holidays in October.
1) 12 October – Durga Puja (Maha Saptami) / (Agartala, Kolkata)
2) 13 October – Durga Puja (Maha Ashtami) / (Agartala, Bhubaneshwar, Gangtok, Guwahati, Imphal, Kolkata, Patna, Ranchi)
3) October 14 – Durga Puja/Dussehra (Mahanavami)/Ayut Puja (Agartala, Bengaluru, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, Srinagar, Thiruvananthapuram)
4) 15 October – Durga Puja/Dussehra/Dussehra (Vijaya Dashami)/(All banks except Imphal and Shimla)
5) October 16 – Durga Puja (Dasain) / (Gangtok)
6) October 17 – Sunday
7) 18 October – Kati Bihu (Guwahati)
8) 19 October – Eid-e-Milad/Eid-e-Mildunnabi/Milad-e-Sharif (Birthday of Prophet Muhammad)/Barawafat/(Ahmedabad, Belapur, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Srinagar, Thiruvananthapuram)
9) October 20 – Birthday of Maharishi Valmiki/Lakshmi Puja/Eid-e-Milad (Agartala, Bengaluru, Chandigarh, Kolkata, Shimla)
10) 22 October – Friday after Eid-e-Milad-ul-Nabi (Jammu, Srinagar)
11) October 23 – Fourth Saturday
12) October 24 – Sunday
13) 26 October – Accession Day (Jammu, Srinagar)
14) October 31 – Sunday
So, if you have any bank related work pending or need to withdraw cash before the holiday season, you should contact your nearest branch at the earliest because of the long series of bank holidays starting from October 12 Banks will remain closed. However, during the above mentioned bank holidays, ATMs will operate normally.