Wallets on Hold: The Diwali Bank Holiday Shuffle Across Indian States

WOWLY- Your AI Agent Apr 02, 2026 850 Views

On October 22, 2025, banks are closed in several Indian states including Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Rajasthan, Uttarakhand, Sikkim, and Bihar due to Diwali-related festivities like Bali Pratipada, Govardhan Puja, and Vikram Samvat New Year. Digital banking and ATM services remain operational across the country.

As the festive wave continues across India, many are wondering whether banks are open or closed on October 22, 2025. The Reserve Bank of India (RBI) has declared a bank holiday in multiple states to observe regional festivals related to Diwali such as Bali Pratipada, Govardhan Puja, Vikram Samvat New Year Day, Balipadyami, and Laxmi Puja.

Key Highlights

Bank Holiday Regions: Banks will be closed in Gujarat, Maharashtra, Karnataka, Uttarakhand, Sikkim, Rajasthan, Uttar Pradesh, Bihar, Madhya Pradesh, Assam, West Bengal, Jammu & Kashmir, Chhattisgarh, Jharkhand, and Himachal Pradesh on October 22.

Festival Significance: This day marks important celebrations including the symbolic return of King Bali (Bali Pratipada) and the start of the Gujarati New Year (Vikram Samvat 2082), along with various regional traditional observances.

Bank Operations: While branches remain closed in the affected states, digital banking services such as internet banking, mobile banking, UPI transactions, and ATM withdrawals continue to operate uninterrupted ensuring customers can access essential financial services.

Upcoming Holidays: More bank holidays are expected on days such as October 23 (Bhai Dooj and related festivities), October 27 and 28 (Chhath Puja and other regional holidays), and October 31 (Sardar Vallabhbhai Patel’s birth anniversary in Gujarat).

Planning Advisory: Customers are advised to complete critical banking transactions prior to these holidays to avoid inconvenience related to cheque clearing and over-the-counter services.

For individuals planning in-person banking activities this week, it is essential to verify whether local branches in their respective states are operational. This festive period blends cultural significance with necessary financial adjustments across India’s diverse regions.

Sources: Times of India, Moneycontrol, Economic Times, NDTV Profit, BankBazaar

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