Banks are closed in these 5 cities today. Do you know why the RBI has declared a holiday on Monday?

Banks are closed in many places today, Monday, October 26th. Here you can find out if your city is on the holiday list and understand the reasons for the holiday.

 

Bank Holiday Today: Why is the bank closed today?

If you have important bank work today, Monday, October 26th, be sure to check your city's bank holiday before leaving home. Banks are not closed nationwide today, but in some cities, branches may be closed due to regional festivals and special occasions. According to the Reserve Bank of India's bank holiday calendar, banks will be closed in five cities, including Agartala. Banks in other cities may remain open as usual.

Find out if your city is experiencing a bank holiday today. If so, what's the reason behind it? Also, see the list of other bank holidays in October.

Where will banks be closed today?
Today, October 26th, is a bank holiday in different cities for various reasons. Bank branches will be closed in some cities for Maharishi Valmiki Jayanti, while others may be closed for Lakshmi Puja and Accession Day.

City nameReason for the holiday
AgartalaLakshmi Puja
ChandigarhMaharishi Valmiki Jayanti  
JammuAccession Day      
ShimlaMaharishi Valmiki Jayanti
SrinagarAccession Day

Is there a holiday in UP-Delhi too?

No, this holiday is not applicable nationwide. Therefore, banks are not closed today in states like Delhi, Uttar Pradesh, Maharashtra, and Bihar. However, it is advisable to confirm the holiday with your bank branch to ensure any local changes are observed.

When will banks be closed in October?
Banks will remain closed in some cities this week, even after October 26th. So, if you need to deposit a check or perform any other important branch work, keep these dates in mind.

dateDayWhere is the holidayReason
26 OctobermondayAgartala, Chandigarh, Jammu, Shimla, SrinagarMaharishi Valmiki Jayanti, Lakshmi Puja, Accession Day
29 OctoberThursdayShimlaKarwa Chauth
31 OctoberSaturdayAhmedabadSardar Vallabhbhai Patel Jayanti

What services will be available when banks are closed?
Bank branches closing won't stop all your banking work. UPI, ATMs, mobile banking, and internet banking can still be used on holidays. You can transfer money, pay bills, and check your account balance.