Are banks closed on 5th Saturday of month?
Banks in India remain open on the fifth Saturday of each month, contrary to the belief that they are closed. This information is confirmed for the fifth Saturday of October 2026, which falls on October 31. Banks are typically closed on second and fourth Saturdays, as well as on numerous national and regional holidays. However, customers can still perform most of their banking transactions digitally from home via online banking, mobile apps, and UPI apps, even on bank holidays.
The holiday schedule for October 2026 includes several significant festivals and observances in various states.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
