Why are banks closed on Friday? Know if your city is also closed today?

Which banks will be closed and which will be open today, Friday, October 23rd? Learn about the city-wise bank holiday list and the reasons for the bank closures.

 

Bank Holiday on Friday: Why is the bank closed on Friday, October 23?

The month of October is about to end, and bank holidays continue due to the festive season. If you need to deposit cash, process a check, or visit a bank branch for any important work today, Friday, you should first check the bank holiday list. Often, important work gets delayed due to bank closures, forcing you to wait until the next working day.

People are also wondering about the bank holiday on October 23rd. Why are banks closed on Friday? Is it a nationwide holiday, or are banks closed only in certain cities? Let's explore today's bank holiday list and what activities you can't do when banks are closed.

Why are banks closed on Friday?
According to the Reserve Bank of India's holiday calendar for October 2026, banks will be closed on October 23rd in Gangtok, Sikkim, due to Durga Puja (Dasai). This is a local holiday, so banks will not be closed in all cities across the country. Banks will remain open in other cities.

Are banks open or closed in your city today?

City nameIs the bank closed or open?
Delhibanks are open
Noidabanks are open
Mumbaibanks are open
Lucknowbanks are open
Patnabanks are open
GangtokBanks are closed
Jaipurbanks are open
Bhopalbanks are open
Chennaibanks are open
Kolkatabanks are open
Bengalurubanks are open
Hyderabadbanks are open

Will banks be closed tomorrow or the day
after? October 23rd is also a weekend. October 24th is the fourth Saturday of the month, and October 25th is Sunday. Therefore, banks will be closed on both days. If you have any important work to do at the bank, make your plans in advance, keeping the holidays in mind.

What services will be halted?
Even though bank branches are closed, digital banking services remain operational. Customers can send money through UPI, withdraw cash from ATMs, and check their balances and pay bills through internet banking. However, cash counters and check-related services require a visit to a bank branch, and these services will not be available on holidays.