Bank Holidays in October 2019 – Know to plan your financial activities


Bank Holidays in October 2019 - PAN India
Wednesday02/10/2019Gandhi Jayanti
Tuesday08/10/2019Dussehra / Vijayadashmi
Saturday12/10/2019Second Saturday
Saturday26/10/2019Fourth Saturday
Sunday27/10/2019Sunday and Diwali

Vikram Samvat is observed as a bank holiday in Gujarat. Bhai Dooj is also observed as a holiday in Uttar Pradesh, Gujarat, Uttarakhand, Sikkim and Rajasthan. Sardar Vallabbhai Patel Jayanti is also observed as a bank holiday in the state of Gujarat.

The number of public holidays vary from month to month depending on the events and festivals we will come across. Some months bring us a bounty of holidays as a surprise. October 2019 is one such month when you have a plenty of days to take a break from the tiring monotony and stay at home if you are an employed person. Nevertheless, the banks are also going to be closed on public holidays and some Saturdays. October 2019 calendar has a lot of festivals and occasions besides some holiday weekends. As per the government declaration, the public and private banks will remain closed on second and fourth Saturdays on all months. So, you might find yourself in a hitch if you do not plan your financial activities properly.

State and national holidays

State holidays can differ between states. However, national holidays will remain the same across the country. Your activity calendar (especially the financial one) must take in the state holidays, national holidays and the second and fourth Saturdays so that your business, family or personal lives are not disturbed due to a poor planning.

October 2019 bank holidays

In October, we will come across eight holidays in general across the country besides the state holidays that might add up to the list. During the very start of the month, Gandhi Jayanti will see the banks shut on Wednesday, October 2, 2019. The holidays that will follow include Sunday on October 6, 2019, and Dussehra on Tuesday, October 8, 2019.

The second Saturday on October 12, 2019 will see the banks closed once again. The next day will be a Sunday on October 13, 2019. So, the banks will be closed for two consecutive days.

October 20, 2019 will be a Sunday and then you have the fourth Saturday and Sunday on October 26, 2019 and October 27, 2019. These two days will see the banks closed once again for two days continuously.

While some people might not like this idea, Diwali falls on a Sunday this year on October 27, 2019. Hence Diwali holiday merges with the weekend holiday thereby striking off one extra holiday from the October month’s holiday holidays list.

Plan well and avoid inconveniences

So, it all means you must plan your finances well. If you are a business, pool in the receipts and payments you carry out through the banks on the bank working days so that you are not left with some disappointments suddenly due to absent mindedness. The banks and ATMs might be crowded due to the festival season and Diwali this time. Withdraw cash in advance to celebrate the festivals to your heart’s content. So, be sharp, catch up with the list of bank holidays and avoid inconveniences by planning your financial activities meticulously.

See Also: Long Weekends in the month of October 2019