Bank Holidays October 2022: Banks to remain closed for 15 days, but not pan-India; net banking to work
Bank Holidays October 2022: Do you have any banking activity to be completed in October? If yes, you will have to plan visiting the bank nearby you accordingly, as banks will remain closed for 15 days in the month of October due to festivals and other occasions. Also, these 15 days of bank holidays do not include second and fourth Saturdays and Sundays. It can be noted that it is not necessary that banks in all the states will be shut for 15 days as some of the festivals or occasions are state specific. Meanwhile, online or internet banking will remain operative 24x7. The list of bank holidays is released by the Reserve Bank of India (RBI) on its official website.
People need to visit banks to complete banking activities like depositing money, updating passbook, transferring amount, among others. Therefore, if you have any of these works to be done, it is important for you to know about the days when the bank will remain shut. As per the information provided by the RBI, the bank holidays in October fall under three categories- Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks' Closing of Accounts.
You can check the list of bank holidays in October here to plan visiting the nearby bank branch accordingly:
1. October 1, 2022: Banks will remain closed only in Gangtok due to half yearly closing of bank accounts.
2. October 3, 2022: Banking operations will remain shut in Agartala, Bhubaneswar, Guwahati, Imphal, Kolkata, Patna, and Ranchi due to Durga Puja (Maha Ashtami).
3. October 4, 2022: Banks will remain closed in several states including Agartala, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Kanpur, Kochi, Kolkata, Lucknow, Patna,
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