Banks to remain shut for 21 days in October

Tribune Web Desk
Chandigarh, September 29

As the festival season is around the corner, the month of October will see the banks closed for a total of 14 days due to various holidays.

According to a list of bank holidays by the Reserve Bank of India (RBI), apart from the 14 days off in October, if you consider the weekends for which banks would have to be closed then that is another seven days added to the list, which brings the tally to 21 days.  

However, it is not a major cause for concern as these holidays are spread out.

They are spread out in the sense that they only take place on certain days for certain dates, save for a couple of days. The rest of the holidays are not uniformly applicable for the most part. So, how many holidays your local lenders will see depends on your geography.

Here is the full list of holidays for the month of October 2021, as per RBI mandate: (Counting from October 1 onwards)

1)   October 1 – Half Yearly Closing of Bank Accounts (Gangtok)

2)   October 2 – Mahatma Gandhi Jayanti (All States)

3)   October 3 - Sunday

4)   October 6 – Mahalaya Amavasye (Agartala, Bengaluru, Kolkata)

5)   October 7 - Mera Chaoren Houba of Lainingthou Sanamahi (Imphal)

6)   October 9 – 2nd Saturday

7)   October 10 - Sunday

8)   October 12 – Durga Puja (Maha Saptami) / (Agartala, Kolkata)

9)   October 13 – Durga Puja (Maha Ashtami) / (Agartala, Bhubaneswar, Gangtok, Guwahati, Imphal, Kolkata, Patna, Ranchi)

10) October 14 - Durga Puja/Dussehra (Maha Navami)/Ayutha Pooja (Agartala, Bengaluru, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna, Ranchi, Shillong, Srinagar, Thiruvananthapuram)

11)  October 15 – Durga Puja/Dasara/Dusshera (Vijaya Dashmi) / (All Banks except those in Imphal and Shimla)

12)  October 16 – Durga Puja (Dasain) / (Gangtok)

13)  October 17 - Sunday

14)  October 18 – Kati Bihu (Guwahati)

15)  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)

16) October 20 – Maharishi Valmiki’s Birthday/Lakshmi Puja/Id-E-Milad (Agartala, Bengaluru, Chandigarh, Kolkata, Shimla)

17) October 22 – Friday following Eid-i-Milad-ul-Nabi (Jammu, Srinagar)

18) October 23 – 4th Saturday

19) October 24 – Sunday

20) October 26 – Accession Day (Jammu, Srinagar)

21) October 31 - Sunday