October is going to be a month of holidays for all public as well as private banks. But it is going to cause huge inconvenience to its users. According to the latest calendar for this month by RBI, banks across the nation will shut down for 21 days. However, they will have only 14 holidays technically.
Here’s the full list of dates and days when banks near your area will not be functional.
Weekend Bank Holidays In October 2021
There are 5 Saturdays this month among which only 2 Saturdays will be working days and the rest are 2nd and 4th. The first Saturday of the week i.e. 2nd October is Gandhi Jayanti which marks an extra off on Saturday for employees working in banks. Thus, they have a total of seven official leaves.
Rests are festive holidays that vary from state to state.
Festive Holidays In Bank In October 2021
Durga Puja and Dussehra are the two major festivals this month. However, not all banks will be off during this period. Those in Imphal and Shimla will be operational on 15th October i.e. Dussehra. Gangtok observes a government holiday on the occasion of Durga Puja on 16th October.
Banks in New Delhi, Srinagar, Ranchi, Dehradun, Chennai, Bhopal, Belapur, Raipur, Mumbai, Hyderabad, Imphal Jammu, Nagpur, Kochi, Lucknow, Thiruvananthapuram, and Ahmedabad will remain close on 19th October on the occasion of Baravafat/Id-E-Milad.
Chandigarh, Shimla, Kolkata, Bengaluru, and Agartala will celebrate the Milad-i-Sherif on the next day i.e. 20th October. On 26th day, banks in the state of Jammu and Srinagar city will be shut down as its Accession Day.
Other Holidays Nationwide For Banks
• 1 st Oct- Half Yearly Closing ( Only in Gangtok)
• 7th Oct- Mera Chaoren Houba ( Imphal)
• 6th Oct- Mahalya Amavasye
• 9th Oct- Second Saturday
• 13th Oct- Maha Ashtami
• 18th Oct- Kati Bihu
Agartala, Kolkata, and Bengaluru are the states having holidays on the occasion of Mahalya Amavasya. Kati Bihu, also known as Kongali, is a regional festival of Guwahati state that marks the beginning of the holy month of Kartik. It will be a Government holiday on Bihu.