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Bank Holidays October 2022: Banks to remain closed for 15 days, but not pan-India; net banking to work

Bank Holidays October 2022: Due to several occasions and festivals banks will remain closed for 15 days in October. However, online or net banking will remain operative.

By: HT TECH
Updated on: Sep 25 2022, 12:04 IST
Bank Holidays October 2022: Know when and why banks will remain closed in October. (Reuters)

Bank Holidays October 2022: Do you have any banking activity to be completed in October? If yes, you will have to plan visiting the bank nearby you accordingly, as banks will remain closed for 15 days in the month of October due to festivals and other occasions. Also, these 15 days of bank holidays do not include second and fourth Saturdays and Sundays. It can be noted that it is not necessary that banks in all the states will be shut for 15 days as some of the festivals or occasions are state specific. Meanwhile, online or internet banking will remain operative 24x7. The list of bank holidays is released by the Reserve Bank of India (RBI) on its official website.

People need to visit banks to complete banking activities like depositing money, updating passbook, transferring amount, among others. Therefore, if you have any of these works to be done, it is important for you to know about the days when the bank will remain shut. As per the information provided by the RBI, the bank holidays in October fall under three categories- Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

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You can check the list of bank holidays in October here to plan visiting the nearby bank branch accordingly:

Also read: Looking for a smartphone? To check mobile finder click here.

Bank Holidays in October 2022

1. October 1, 2022: Banks will remain closed only in Gangtok due to half yearly closing of bank accounts.

2. October 3, 2022: Banking operations will remain shut in Agartala, Bhubaneswar, Guwahati, Imphal, Kolkata, Patna, and Ranchi due to Durga Puja (Maha Ashtami).

3. October 4, 2022: Banks will remain closed in several states including Agartala, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, and Thiruvananthapuram due to Durga Puja/Dussehra (Maha Navami)/Ayudha pooja/Janmotsav of Srimanta Sankardeva.

4. October 5, 2022: Due to the occasion of Durga Puja/Dussehra (Vijaya Dashmi)/Janmotsav of Srimanta Sankardeva, banking operations will remain shut in almost all parts of the country except for Imphal.

5. October 6, 2022: Banks will remain closed in Gangtok due to the celebration of Durga Puja (Dasain).

6. October 7, 2022: Banks only in Gangtok will remain shut on October 7 on the occasion of Durga Puja (Dasain).

7. October 8, 2022: On the occasion of Milad-i-Sherif/Eid-i-Milad-ul-Nabi (Birthday of Prophet Muhammed), banking operations will remain halted in Bhopal, Jammu, Kochi, Srinagar, and Thiruvananthapuram.

8. October 13, 2022: Banks will remain shut only in Shimla due to the celebration of Karva Chauth.

9. October 14, 2022: Due to Friday following Eid-i-Milad-ul-Nabi, banks will remain closed in Jammu, and Srinagar.

10. October 18, 2022: Banks will remain closed only in Guwahati due to Kati Bihu.

11. October 24, 2022: Banks will remain shut in all parts of the country except for Gangtok, Hyderabad, and Imphal due to the celebration of Kali Puja/Deepavali/Diwali (Laxmi Pujan)/Naraka Chaturdashi.

12: October 25, 2022: Due to the occasion of Laxmi Puja/Deepawali/Govardhan Pooja, banks will remain closed in Gangtok, Hyderabad, Imphal, and Jaipur.

13: October 26, 2022: Banks in Ahmedabad, Belapur, Bengaluru, Dehradun, Gangtok, Jammu, Kanpur, Lucknow, Mumbai, Kanpur, Shimla, and Srinagar due to Govardhan Pooja/Vikram Samvant New Year Day/Bhai Bij/Bhai Duj/Diwali (Bali Pratipada)/Laxmi Puja/Accession Day.

14. October 27, 2022: Banks will remain shut in Gangtok, Imphal, Kanpur, and Lucknow due to the celebration of Bhaidooj/Chitragupt Jayanti/Laxmi Puja/Deepawali/Ningol Chakkouba.

15: October 31, 2022: Due to Sardar Vallabhbhai Patel’s Birthday/Surya Pashti Dala Chhath (Morning ardhya)/Chhath Puja, banks will remain closed in Ahmedabad, Patna, and Ranchi.

Apart from the above-mentioned dates, the banks will also remain shut on October 22, 2022, due to the fourth Saturday and on October 2, 9, 16, 23 and 30 because of Sundays.

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First Published Date: 25 Sep, 12:04 IST

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