Bank Holiday on October 7: Banks to Remain Closed in Four States — Check RBI’s Reason for Tuesday Shutdown

According to the Reserve Bank of India’s (RBI) holiday schedule, banks will remain closed on Tuesday, October 7, 2025, in four states of the country. While banking services will operate normally in most regions, people in Karnataka, Odisha, Himachal Pradesh, and Chandigarh will find both public and private sector banks closed due to regional festivals.

This closure, declared under the Negotiable Instruments Act, will affect in-person banking operations such as cash deposits, withdrawals, and cheque clearance. However, online and digital banking services will continue as usual, allowing customers to carry out transactions without interruption.

Why Banks Will Be Closed on October 7

The RBI’s official notification lists Maharshi Valmiki Jayanti and Kumar Purnima as the reasons for the bank holiday on October 7.

• Maharshi Valmiki Jayanti honors the birth anniversary of sage Valmiki, who is regarded as the author of the Ramayana. It’s celebrated with great devotion across northern and southern India, particularly in Karnataka, Himachal Pradesh, and Chandigarh. Temples, processions, and cultural programs are held to pay tribute to the revered poet and saint.

• Kumar Purnima, observed mainly in Odisha and Bihar, marks the full moon day of the Hindu month of Ashwin. On this day, devotees worship the Moon God and Lord Kartikeya, the son of Lord Shiva and Goddess Parvati. Young women observe fasts and pray for wisdom, beauty, and good fortune.

Since both festivals coincide this year, the RBI has declared a localized holiday across the four states where these observances hold special cultural significance.

Banks to Remain Open in Other States

While these four states observe a banking holiday, all other states and union territories will have normal working hours on Tuesday. Customers can continue to visit their local branches, ATMs, and bank offices as usual in Delhi, Maharashtra, Uttar Pradesh, Gujarat, Tamil Nadu, and other parts of India.

However, the RBI has advised citizens to check the October 2025 bank holiday list before scheduling any in-person banking tasks to avoid inconvenience.

Full List of Major Bank Holidays in October 2025

October is one of the busiest months for banking closures due to a cluster of religious and national festivals. Below are some key dates when banks will remain shut in various regions:

• October 1, 2025 (Wednesday): Dussehra, Ayudha Puja, and Durga Puja (in Karnataka, Tamil Nadu, Tripura, Odisha, etc.)

• October 2, 2025 (Thursday): Gandhi Jayanti (National Holiday)

• October 6, 2025 (Monday): Lakshmi Puja (Tripura and West Bengal)

• October 7, 2025 (Tuesday): Maharshi Valmiki Jayanti and Kumar Purnima (Karnataka, Odisha, Himachal Pradesh, Chandigarh)

• October 10, 2025 (Friday): Karva Chauth (Himachal Pradesh)

• October 18, 2025 (Saturday): Kati Bihu (Assam)

• October 20–23, 2025: Diwali, Narak Chaturdashi, Govardhan Puja, and Bhai Dooj (various states)

• October 27–28, 2025: Chhath Puja (Bihar and Jharkhand)

• October 31, 2025 (Friday): Sardar Vallabhbhai Patel Jayanti (Gujarat)

Plan Your Banking in Advance

With numerous regional holidays lined up in October, customers are advised to plan their cash deposits, cheque clearances, and branch visits accordingly. Many banking services — including loan processing and document verification — might be delayed by one or two working days during this period.

However, there’s no disruption to digital banking facilities, such as UPI payments, internet banking, ATM withdrawals, and mobile app transactions. These services will remain available across all states 24x7.

RBI’s Holiday Guidelines

The RBI classifies bank holidays into three main categories:

1. Holiday under the Negotiable Instruments Act

2. Holiday under the Real-Time Gross Settlement (RTGS) Holidays

3. Bank Account Closing Days

The October 7 holiday falls under the Negotiable Instruments Act category and applies only to states where local festivals are observed.

Key Takeaway

To summarize, Tuesday, October 7, 2025, will be a bank holiday in Karnataka, Odisha, Himachal Pradesh, and Chandigarh due to Maharshi Valmiki Jayanti and Kumar Purnima. All other regions will have normal banking operations. Customers are advised to plan their in-person banking tasks around these regional holidays and rely on digital modes for uninterrupted financial transactions.