Diwali Bank Holiday 2024 Calendar: Will Banks Remain Open This Festive Week?

Diwali, also known as the Festival of Lights, is one of the major festive celebrations in India and among Hindu communities worldwide. In 2024, Diwali falls on October 31, but the festivities often extend beyond a single day in India, influencing various sectors, including banking. As the festival approaches, many working people are keen to know whether banks will remain open during this festive week. This article will provide an overview of the bank holiday schedule around Diwali 2024.

Diwali Bank Holiday 2024 Calendar

Diwali Bank Holidays In India

In India, bank holidays are declared by the Reserve Bank of India (RBI) and vary by state. During major festivals like Diwali, banks across the country observe certain days as holidays. 

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Diwali Week Bank Holiday Calendar 2024

The banks will be closed on the following days in relation to Diwali:

• October 29, 2024 (Tuesday): All banks will remain open across the country on Dhanteras.
• October 30, 2024 (Wednesday): Banks will remain closed in multiple states for Narak Chaturdashi or Choti Diwali.
• October 31, 2024 (Thursday): On this date, banks will be closed for Diwali, Deepawali, Sardar Vallabhbhai Patel's birthday, Naraka Chaturdashi, and Kali Puja in states including Andhra Pradesh, Telangana, Assam, Bhubaneswar, Gujarat, Kolkata, Delhi, Karnataka, Puducherry, Kerala, Chennai, Tamil Nadu, West Bengal and Uttar Pradesh, among others, according to the RBI website.
• November 1, 2024 (Friday): On this date, banks will be closed for Diwali, the Kut Festival, and Kannada Rajyotsava in several states, including Meghalaya, Uttarakhand, Maharashtra, Manipur, Jammu & Kashmir, Sikkim, Karnataka, and Tripura, among others.
• November 2, 2024 (Saturday): Govardhan Puja will be celebrated on November 2, 2024, and banks will be closed in states like Gujarat, Uttarakhand, Sikkim, Maharashtra, Karnataka, Rajasthan, and Uttar Pradesh, according to Live Mint report. This day also falls on the first Saturday of the month, which typically isn't a holiday.
• November 3, 2024 (Sunday): Banks will universally close on Sunday (Bhai Dooj) across all states.

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While bank branches will be closed on the dates mentioned, you can still access digital banking services all year round, unless the bank informs you otherwise (usually for maintenance). All bank websites, mobile apps, and ATMs will be available during this festive week.

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Image credit: Freepik 

Diwali Bank Holiday 2024 Calendar