Diwali 2024 Bank Holidays: Will Banks Close on October 31 or November 1? View the Full State-Wise Holiday Schedule Here
Find out when banks will be closed for Diwali 2024 across India. Check the complete state-wise bank holiday schedule for October 31, November 1, and more.
Bank Holidays
In India, the diversity of traditions and customs means that bank holidays during Diwali (Deepavali) vary by state. Knowing the specific dates when banks will close for Diwali in 2024 can help individuals, businesses, and tourists plan their financial, transactional, and travel activities effectively. Some state-specific holidays, like Karnataka Rajyotsava and Kut Festival, also influence bank closures.
Diwali, or Deepavali, is a Hindu festival of lights symbolising the spiritual "victory of light over darkness, good over evil, and knowledge over ignorance." Celebrations typically last five to six days, with participants illuminating homes, temples, and workplaces with diyas (oil lamps), candles, and lanterns.
Diwali Bank Holiday Schedule:
- October 31 (Thursday): Banks in Andhra Pradesh, Goa, Karnataka, Kerala, Puducherry, Telangana, Tamil Nadu, Delhi, Uttar Pradesh, and West Bengal will be closed. Banks remain open in Tripura, Maharashtra, Uttarakhand, Sikkim, Manipur, Jammu & Kashmir, and Meghalaya.
- November 1 (Friday): Banks will be closed in observance of Deepavali, Kut Festival, and Kannada Rajyotsava in Tripura, Karnataka, Uttarakhand, Jammu & Kashmir, Maharashtra, Meghalaya, Sikkim, and Manipur.
- November 2 (Saturday): Banks in Gujarat, Maharashtra, Karnataka, Uttarakhand, Sikkim, Rajasthan, and Uttar Pradesh will be closed for Diwali-related celebrations, including Bali Pratipada, Balipadyami, Laxmi Puja, Govardhan Puja, and the Vikram Samvat New Year.
Extended Bank Holiday Periods:
- Four-Day Closure (October 31 to November 3): Banks in Karnataka and Maharashtra will be closed for four consecutive days, from October 31 to November 3 (with Sunday included).
- Three-Day Closure (November 1 to November 3): Banks in Uttarakhand and Sikkim will observe a three-day closure from November 1 to November 3, including Sunday.
This comprehensive holiday schedule will help ensure smooth planning during the festive season.
