October 2021: Banks to remain closed for 21 days
October month is jam-packed with several vacations and festivities, and many banks across the country will be closed during that time, Read on to know the list.
All public and private banks will be shut for 21 days, remembering second and fourth Saturdays and Sundays for October, inferable from celebrations, according to the Reserve Bank of India (RBI) schedule. October month is jam-loaded with excursions and celebrations, and many banks the nation over will be shut during that time.
The RBI's rundown of holidays falls into the three classes - - 'Holiday under Negotiable Instruments Act', 'Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday' and 'Banks' Closing of Accounts'.
Remarkably, most of the bank holidays in the long stretch of October fall under the class of "Holiday under Negotiable Instruments Act," in spite of the fact that October 1, the main holiday on the rundown, falls under the classification of "Banks' Closing of Accounts," which is exclusively a holiday for banks in Gangtok.
Altogether there are 21 bank holidays in October, in any case, these are separated into state-wise festivals. Out of the 21 holidays, just 14 of them are RBI-given bank leaves.
While the other seven days' holidays are end-of-the-week leaves, which include Sundays, just as the second and fourth Saturday of the month.
Here is the full list of bank holidays in October 2021:
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
