Diwali 2024 Bank Holidays: Know the Dates and Plan Ahead

Diwali 2024 Bank Holidays: Know the Dates and Plan Ahead

As the festive season approaches, it's essential to stay informed about bank holidays to avoid any last-minute disruptions. Diwali, the festival of lights, is one of the most significant celebrations in India, and banks across the country will observe holidays during this period.

Diwali Bank Holiday 2024: State-Wise Dates

In 2024, Diwali (Deepavali) falls on October 31st (Thursday). Banks in several states will remain closed on this day, including:

 Andhra Pradesh
 Goa
 Karnataka
 Kerala
 Puducherry
 Telangana
 Tamil Nadu

Additionally, some states will observe Diwali on the same day, with extra regional holidays on November 1st (Friday), including:

Delhi
Maharashtra
Uttar Pradesh
West Bengal

Other Bank Holidays in October 2024

Apart from Diwali, banks in India will remain closed on Sundays and the second and fourth Saturdays of each month. In October 2024, banks will be closed for a total of 15 days due to national and regional holidays.

Also read: Government holiday list 2025; Check Holidays List Here!

Plan Your Banking Activities

To avoid any inconvenience, individuals are advised to plan their banking activities in advance, considering the upcoming holidays. Here are some tips:

Check your bank's holiday schedule before visiting
Opt for online banking services for urgent transactions
Schedule bill payments and transfers accordingly
Keep essential documents and contact information handy

Significance of Diwali

Diwali, or Deepavali, is a significant festival in India and among Hindu communities worldwide. It symbolizes the triumph of light over darkness, knowledge over ignorance, and good over evil. The festival is celebrated with grandeur, cultural events, and family gatherings, making it a vital part of India's cultural and spiritual heritage.

Stay Informed, Stay Prepared

Stay updated with the bank holiday schedule and plan your financial activities accordingly. Wishing you a happy and prosperous Diwali!

Key Dates:

 Diwali Bank Holiday: October 31st (Thursday)
 Additional Regional Holidays: November 1st (Friday)
 Total Bank Holidays in October 2024: 15 days

Sources:

 Reserve Bank of India (RBI)
 Indian Banks' Association (IBA)

Note: Bank holiday dates may vary depending on the state and region. It's always best to check with your local bank branch or online banking portal for specific holiday schedules.

Also read: Is 23 a Holiday for Schools, Colleges in Bangalore?