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FinanceLane
Home News Feed Advisory

Is today a bank holiday?

FinanceLanebyFinanceLane
October 4, 2022
in Advisory, Investments, News Feed, Savings, Tax Planning, Wealth
Reading Time: 2 mins read

Collectively banks in various states will be closed for 21 days in October 2022 due the festive season. This includes Sundays and the second and fourth Saturdays.

When is Dussehra celebrated

It is the festival of Dussehra and banks will be closed for a few days in certain states. It is a national holiday on October 5 (Wednesday). In few states, it also will be holidays on October 3 (Monday) and October 4 (Tuesday). In many states, they also celebrate Maha Ashtami, Maha Navami and Vijaya Dashmi (Dussehra).

This year, Dussehra is observed on October 5, concluding Navratri, which began on September 26. On October 5, it is observed as Durga Puja/Dussehra (Vijaya Dashmi)/Janmotsav of Srimanta Sankardeva in many states. Banks are closed in all states except Manipur.

In many states, Dussehra is observed between October 3 – 7 and holidays vary with states.

October 3: (Monday): Durga Puja (Maha Ashtami)- Banks are closed in Tripura, Orissa, Sikkim, Manipur, Bengal, Bihar, Jharkhand, Meghalaya, and Kerala.

Banks are also closed on October 4, for Durga Puja/Dussehra (Maha Navami)/Ayudha pooja/Janmotsav of Srimanta Sankardeva, in states such as Agartala, Karnataka, Orissa, Sikkim, Kerala, Maharashtra, Bengal, Uttar Pradesh, Bihar, Jharkhand, and Meghalaya.

October 6 (Thursday): Durga Puja (Dasain)- Banks are closed in Gangtok, Sikkim

October 7 (Friday): Durga Puja (Dasain)- Banks are closed in Gangtok, Sikkim.

October is a festive month in India since it is marked with important celebrations and holidays. In October we have the festivals of Durga Puja, Deepawali, Laxmi Puja, Karva Chauth and many more. It is strongly encouraged that bank customers plan their bank-based work with all of these holidays in mind to prevent any confusion.

Also read: Bank holidays in October 2022: What are the dates banks will be closed in October? Check here the state-wise list

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