Bank holiday today, October 11: The Reserve Bank of India (RBI) has announced bank holidays for October 2024. Banks will remain closed for a total of 15 days this month.
These non-working days include major national holidays, regional festivals, and election dates. Gandhi Jayanti was observed on Wednesday, October 2, and several regional holidays such as Navratri, Durga Puja, and state-specific festivals will lead to additional bank holidays.
The RBI oversees the scheduling of holidays, including Real-Time Gross Settlement (RTGS) holidays and account closure restrictions, which apply to both public and private sector banks. Depending on regional festivities and events, these holidays will be observed across various states. Despite branch closures, online and digital banking services will remain available, ensuring customers manage their finances without disruption.
Upcoming bank holidays this week
In addition to these, banks will also observe statutory closures on the second and fourth Saturdays (October 12 and 26), as well as every Sunday during the month.
The month of October will have varied state-specific holidays. For instance, Assam will celebrate Kati Bihu on October 17, while Jammu and Kashmir will observe Accession Day on October 26.
Similarly, many states will observe Durga Puja and Dussehra on different dates in the second week of October. The full list of state-wise holidays is provided below:
While bank branches will remain closed on these holidays, customers will continue to have access to digital banking services, allowing them to conduct transactions, make payments, and access other online services seamlessly throughout the month.