With Dhanteras approaching on Tuesday, October 29, 2024, there is curiosity about whether banks across the country will remain closed. According to the RBI holiday schedule, there is no bank holiday on October 29, so all banks will remain open with regular operations on this day. Dhanteras, also known as Dhantrayodashi, is widely celebrated as a day of prosperity, during which people traditionally buy items like gold, silver, utensils, and brooms to invite good fortune.
Diwali Holidays: Why Banks Will be Closed for Two Days
This year, there is some confusion about the date of Diwali, with some observing it on October 31 and others on November 1. According to the Hindu calendar, Diwali will be celebrated on October 31, 2024, as Amavasya (New Moon) starts at 3:12 PM on October 31 and ends at 5:53 PM on November 1. Since Amavasya will end on November 1, the Lakshmi Puja will take place on the evening of October 31.
Due to this ambiguity, RBI has announced a two-day holiday for Diwali on October 31 and November 1, allowing everyone to observe the festival without any confusion. Therefore, banks will be closed for Diwali on these two days.
List of October 2024 Bank Holidays Across Different States
In October 2024, various states will have regional holidays for festivals and events, and bank holidays will vary by location. Here’s a summary of October holidays in different cities:
| Date | City | Reason |
|---|---|---|
| Oct 1 | Multiple | State Assembly Elections |
| Oct 2 | Multiple | Mahatma Gandhi Jayanti / Mahalaya Amavasya |
| Oct 10 | Multiple | Durga Puja (Maha Saptami) |
| Oct 12 | Multiple | Dussehra (Maha Navami) |
| Oct 15 | Multiple | Durga Puja (Dasain) |
| Oct 16 | Multiple | Lakshmi Puja |
| Oct 24 | Delhi | Early closure at 2 PM |
| Oct 26 | Multiple | Accession Day |
| Oct 31 | All | Diwali / Sardar Vallabhbhai Patel Jayanti |
Please note that the holiday schedule may differ depending on regional celebrations, and it’s advisable to check with your local bank branch for precise dates in your area.
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