In India, the month of October is jam-packed with festivals and festivities. Due to the additional bank holidays, a large number of commercial and public sector banks will be closed next month. Banks will close for 21 days in October, in addition to the second and fourth Saturdays and Sundays.
The RBI categorizes bank holidays into three groups: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement holiday, and Banks closure of Accounts.
In the month of October, there are a total of 21 bank holidays, with the first one beginning on Gandhi Jayanti, which comes on October 2, 2021. The two major holidays are Durga Puja and Dussehra on October 15, which are observed by all Indian banks save those in Imphal and Shimla.
Check the list of bank holidays in October 2021:
October 1: Half Yearly Closing of Bank Accounts (Gangtok)
October 2: Mahatma Gandhi Jayanti (All States)
October 3: Sunday
October 6: Mahalaya Amavasye (Agartala, Bengaluru, Kolkata)
October 7: Mera Chaoren Houba of Lainingthou Sanamahi (Imphal)
October 9: 2nd Saturday
October 10: Sunday
October 12: Durga Puja (Maha Saptami) / (Agartala, Kolkata)
October 13: Durga Puja (Maha Ashtami) / (Agartala, Bhubaneswar, Gangtok, Guwahati, Imphal, Kolkata, Patna, Ranchi)
October 14: Durga Puja/Dussehra (Maha Navami)/Ayutha Pooja (Agartala, Bengaluru, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, Srinagar, Thiruvananthapuram)
October 15: Durga Puja/Dasara/Dusshera (Vijaya Dashmi) / (All banks except those in Imphal and Shimla)
October 16: Durga Puja (Dasain) / (Gangtok)
October 17: Sunday
October 18: Kati Bihu (Guwahati)
October 19: Id-E-Milad/Eid-e-Miladunnabi/Milad-i-Sherif (Prophet Mohammad’s Birthday)/Baravafat / (Ahmedabad, Belapur, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Srinagar, Thiruvananthapuram)
October 20: Maharishi Valmiki’s Birthday/Lakshmi Puja/Id-E-Milad (Agartala, Bengaluru, Chandigarh, Kolkata, Shimla)
October 22: Friday following Eid-i-Milad-ul-Nabi (Jammu, Srinagar)
October 23: 4th Saturday
October 24: Sunday
October 26: Accession Day (Jammu, Srinagar)
October 31: Sunday
