Bank Holidays October 2023: Banks To Remain Closed For These Days; Check State-Wise Bank Holiday List Here

Bank Holidays October 2023: Banks will remain shut for almost 18 days including regular holidays i..e Sundays and the second and fourth Saturdays, in October 2023 according to the Reserve Bank of India's (RBI) calendar of holidays. RBI's calendar shows that next month 11 holidays are either festive or gazetted. Some bank holidays are regional and may differ from state to state and bank to bank.

One should note that bank holidays are not the same across all states in India. Apart from national holidays, state governments designate bank holidays; there are a few state-specific holidays when banks remain closed.

The RBI announces the bank holidays for the full year state-wise. In India all bank holidays have been classified into different categories under the Negotiable Instruments Act of 1881-Holidays Under Negotiable Instruments Act, Banks' Closing of Accounts, and Real-Time Gross Settlement Holiday.

For the first two days of this month, banks will not operate physically on account of the Sunday holiday (1 October) and Gandhi Jayanti (2nd October) across India. On October 34, a maximum number of banks will remain closed on the occasion of the Dussehra holiday (barring Hyderabad and Imphal).

October 2023 bank holidays list (State-wise):

October 1: Sunday
October 2: Mahatma Gandhi Jayanti (all banks will be shut)
October 8: Sunday
October 14: Second Saturday
October 15: Sunday
October 18: Kati Bihu (Guwahati, Imphal, Kolkata)
October 21: Durga Puja (Agartala, Guwahati, Imphal, Kolkjata)
October 22: Sunday
October 23: Dusshera, Ayudha Pooja, Durga Puja, Vijaya Dasami (Agartala, Bengaluru, Bhubaneshwar, Chennai, Guwahati, Hyderabad, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna, Ranchi, Shillong, Thiruvananthapuram).
October 24: Dussehra/Dusshera (Vijaya Dashmi)/Durga Puja will lead to bank holidays in all states except Andhra Pradesh and Manipur.
October 25: Durga Puja (Bank holiday in Gangtok)
October 26: Durga Puja (Bank holiday in Gangtok, Jammu, Srinagar)
October 27: Durga Puja (Bank holiday in Gangtok)
October 28: Lakshmi Puja (Kolkata), fourth Saturday
October 29: Sunday
October 31: Sardar Vallabhbhai Patel's birthday (Ahmedabad)