As October 2025 approaches, many in India are considering bank holidays. The Reserve Bank of India (RBI) provides a schedule indicating when banks will be closed, which aids in planning financial transactions such as withdrawals and cheque deposits. During October, banks will close on specific days, including October 2nd, which marks Gandhi Jayanti, a nationwide holiday. Additionally, banks may also be closed for significant festivals like Dussehra and Diwali in various states. If your state observes these festivals, expect bank closures. Regular closures include every Sunday and the second and fourth Saturdays of the month. For instance, if you need to pay your electricity bill on October 2nd when the bank is closed, online payment options are available.
Cheques will be processed on the next business day. Therefore, it’s advisable to complete banking tasks before the holidays. However, online banking and ATMs remain operational every day, including holidays.