Private and public banks across the country will remain shut for 14 days in the month of October 2020 due to several bank holidays. These holidays include second and fourth Saturdays of every month, and Sundays too.
As per Reserve Bank of India (RBI) guideline, banks remain shut on all public holidays. However, there are various religious festivals which may or may not be holidays in a particular bank depending on the state you are residing. Regional holidays are decided by the state governments.
According to Reserve Bank of India website, bank holidays in October include various festivals like Mahatma Gandhi Jayanti, Mahashaptami, Dussehra, Eid-e-Milad and several other. During bank holidays, ATMs may also not disburse cash.
Here are the list bank holidays for the month of October 2020:
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