As per the Reserve Bank of India’s (RBI) holiday calendar, October 2023 will witness a total of 18 bank holidays across India. These include regular holidays like the second and fourth Saturdays and Sundays, along with 11 additional festive or gazetted holidays.
A Month Packed with Holidays
The month kicks off with banks closing their doors on October 1st, a Sunday. This is followed by Gandhi Jayanti on October 2nd. On October 24th, many banks will remain closed due to Dussehra, although Hyderabad and Imphal are exceptions.
Here’s a detailed list of the bank holidays in October 2023 under the Negotiable Instruments Act:
- 2nd October: Mahatma Gandhi Jayanti
- 14th October: Mahalaya (Kolkata)
- 18th October: Kati Bihu (Guwahati, Imphal, Kolkata)
- 21st October: Durga Puja (Several Cities)
- 23rd October: Dusshera, Ayudha Pooja, Durga Puja, Vijaya Dasami (Multiple Cities)
- 24th October: Dusshera/Dussehra/Durga Puja (Most of India except Hyderabad and Imphal)
- 25th to 27th October: Durga Puja (Gangtok and other cities)
- 28th October: Lakshmi Puja (Kolkata)
- 31st October: Sardar Vallabhbhai Patel’s birthday (Ahmedabad)
Furthermore, here’s a glance at the weekends in October:
- Sundays: 1st, 8th, 15th, 22nd, and 29th
- Second and Fourth Saturdays: 14th and 28th
With this combination of 11 festive or gazetted holidays and seven weekends, October 2023 presents a total of 18 bank holidays, providing ample opportunities for people to plan their financial transactions accordingly.
