Banks Are Open or Closed on Saturday, October 4? Check Here

In India, banks typically observe holidays on the second and fourth Saturdays and all Sundays each month. This means that banks are generally closed on weekends, except for the first, third, and fifth Saturdays. On October 1, which is the first Saturday of the month, banks across India will remain open, except in Gangtok where they will be closed for Durga Puja (Dasain).

Bank Holidays in October

October has several bank holidays due to various regional and religious observances. For instance, on October 6, banks in Agartala and Kolkata will be closed for Lakshmi Puja. On October 7, banks in Bengaluru, Bhubaneshwar, Chandigarh, and Shimla will not operate due to Maharshi Valmiki Jayanti or Kumar Purnima.

On October 10, Shimla will observe a bank holiday for Karva Chauth. The second Saturday of the month falls on October 11, resulting in a nationwide bank closure. Similarly, banks across India will be closed on October 12 for the Sunday weekly off.

Upcoming Bank Closures

Later in the month, Guwahati will have a bank holiday on October 18 for Kati Bihu. Nationwide closures will occur again on October 19 for Sunday. Diwali celebrations lead to multiple closures: On October 20, banks in numerous cities including Bengaluru and Chennai will close for Diwali (Deepavali) or Naraka Chaturdashi.

The following day, October 21, sees closures in cities like Mumbai and Nagpur for Diwali Amavasya or Govardhan Pooja. On October 22, Ahmedabad and other cities observe Diwali (Bali Pratipada) or Vikram Samvant New Year Day.

Diwali-Related Holidays

Bhai Bij or Bhaidooj results in closures on October 23 in cities such as Ahmedabad and Kanpur. The fourth Saturday of the month is on October 25 when banks across India will be shut. Another nationwide closure occurs on Sunday, October 26.

Kolkata observes Chath Puja with bank holidays on both October 27 (Evening Puja) and October 28 (Morning Puja). Finally, Ahmedabad marks Sardar Vallabhbhai Patel's Birthday with a closure on October 31.

Managing Banking Needs During Holidays

If you need cash or banking services during these holidays, ATMs remain operational around the clock. Online banking services like NEFT, IMPS, RTGS are also available to facilitate money transfers even when branches are closed. Additionally, UPI services continue to function during bank holidays.