Bank Holidays in October: Banks to remain closed for 9 days from Oct 12. Check full list here
Zee News
The banking authority has announced three types of holidays for lenders: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts.
New Delhi: If you want to visit a bank branch this month or in October 2021, you should be aware that both public and private sector banks will be closed for nine days starting tomorrow. In October, there will be a variety of festivities around the country, including Durga Puja, Navratri, and Dussehra. According to the Reserve Bank of India (RBI) schedule, there will be a big number of bank holidays this month.
The banking authority has announced three types of holidays for lenders: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On these specified holidays, all banks in the country, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, will be closed. Also Read: Samsung Galaxy A13 5G leaked ahead of official launch: Check price, features and more
All banks are closed on Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day, according to the RBI list (December 25). Banks are also closed on holidays like Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday. The private and public sector banks across the country are closed on the second and fourth Saturdays of each month. The Reserve Bank of India (RBI) has also mandated that banks remain closed on Sundays. Also Read: WhatsApp to allow users to pause voice recording for shorter, clearer messages