Bank Holidays 2024: Are Banks Closed For Four Days In A Row From October 14-17? Find Out & Check List

Bank Holidays 2024: There is a bank holiday for four days in a row, however, these holidays vary from city to city. The week is packed with occasions of Durga Puja, Lakshmi Puja, and Kati Bihu. These holidays are state-wise, and hence not all banks will be closed during October 14-17. If you are planning to visit your bank branches during either of the days ahead, check the list to ensure your bank is open or not.

October 14, Monday:

As per the RBI holiday list, there is a bank holiday due to the occasion of Durga Puja (Dasain). However, banks will be closed only in one city namely Gangtok.

That means in cities like Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Guwahati, Andhra Pradesh, Telangana, Imphal, Itanagar, Jaipur, Jammu, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram --- banks will be opened.

October 15, Tuesday:

This is another holiday for Durga Puja (Dasain). And once again banks will be closed only in Gangtok.

October 16, Wednesday:

Banks will be closed on Wednesday, October 16 due to the celebration of Lakshmi Puja. But banks in cities like Agartala and Kolkata will be shut. Rest other cities banks are opened.

October 17, Thursday:

On Thursday, banks will be closed due to Maharshi Valmiki Jayanti/Kati Bihu. Banks in Bengaluru, Guwahati, and Shimla will be closed.

For banks, it is the central bank RBI that decides holiday list on a monthly and yearly basis. RBI's holidays are divided into three categories such as -- Holiday under the Negotiable Instruments Act; Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holidays; and Banks' Closing of Accounts. Bank holidays in India 2024, vary from state-to-state and city-to-city.

However, generally, banks are closed on the second and fourth Saturdays of every month. The fifth Saturday of a month with five Saturdays is a working day for banks. In the past, banks would only open for a half-day on Saturdays.

Some of these holidays are very local and hence are decided by the respective state governments. On the other hand, some of them are very mandatory and it is not a prerogative of anybody as these are already the national holidays in India. Since the country is diverse, bank holidays here also have varieties, where many religions, festivals, special occasions and nationalistic days are celebrated, honoured and tributed.