Bank Holiday: Banks will remain closed today, Friday; find out why the RBI has declared a holiday..
Bank Holiday: October 2 – Today, Friday, October 2, all government, private, regional, and rural banks nationwide will remain closed. According to the Reserve Bank of India's (RBI) official holiday list, banking operations will be suspended nationwide due to the national holiday on October 2. If you have any urgent banking tasks to complete today, this information is highly relevant for you.
Why will banks remain closed?
October 2 marks the birth anniversaries of the 'Father of the Nation,' Mahatma Gandhi, and former Prime Minister Lal Bahadur Shastri. It is one of the country's three major national holidays. In observance of this day, and in accordance with RBI regulations, banks remain completely closed across all states and Union Territories.
A Month Full of Holidays
October is a month filled with festivals. Due to major festivals such as Durga Puja, Dussehra, and Mahalaya, banks will observe holidays on several days across different states throughout the month.
List of holidays for October 2026 released by the RBI:
2 October (Friday): Gandhi Jayanti (Closed across India)
10 October (Saturday): Mahalaya Amavasya / Second Saturday (Bengaluru, Kolkata, and nationwide)
11 October (Sunday): Weekly holiday (Closed across India)
17 October (Saturday): Maha Saptami (Agartala)
18 October (Sunday): Weekly holiday (Closed across India)
19 October (Monday): Maha Ashtami / Maha Navami / Durga Puja (Kolkata, Patna, Guwahati, Ranchi, etc.)
20 October (Tuesday): Dussehra - Vijayadashami (Closed in most states)
21-23 October (Wednesday to Friday): Durga Puja - Dashain / Vijaya Dashami (Gangtok, Kolkata, Agartala, etc.)
24 October (Saturday): Fourth Saturday (Closed across India)
25 October (Sunday): Weekly holiday (Closed across India)
26 October (Monday): Lakshmi Puja / Maharshi Valmiki Jayanti (Shimla, Jammu, Srinagar, Agartala)
29 October (Thursday): Karva Chauth (Shimla)
31 October (Saturday): Sardar Vallabhbhai Patel Jayanti (Ahmedabad)
(Note: Bank holidays may vary based on local state festivals.)
Online and digital services will remain operational.
Despite bank branches being closed, customers will face no issues with financial transactions. Digital and online services will remain operational 24/7. Fund transfer facilities (NEFT, RTGS, IMPS) will continue to function smoothly. Digital payments via UPI services like Google Pay, PhonePe, and Paytm will proceed as usual. ATMs will remain operational for cash withdrawals and deposits. If you need services such as cheque clearing or visiting a branch for cash deposits or withdrawals, you will now have to wait for the bank to open on Saturday, October 3.
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