As per RBI’s holiday calendar, several banks will be closed on account of Laxmi Puja today. Here's a breakdown of everything, including what’s open and what’s not.
Reason for the Holiday
October 6 is a state-specific bank holiday in India, largely commemorating Mahalaya, a prominent event in West Bengal that marks the commencement of Durga Puja festivities. Other regional festivities and festivals contribute to the holiday in several states. The holiday is featured on the Reserve Bank of India's official calendar, which includes state-specific observances throughout the year.
Banks Observing the Holiday
Today, banks are closed in various states, including West Bengal, Tripura, Karnataka, Odisha, Sikkim and Manipur. These closures affect actual bank branches, therefore services such as cash deposits, cheque clearing, and in-person banking may be unavailable in these areas.
Banks That Remain Open
In states that do not observe a holiday on Laxmi Puja, banks remain open. These states include:
Delhi
Maharashtra
Tamil Nadu
Uttar Pradesh
Gujarat
Furthermore, online banking services, mobile apps, and ATMs are still operational countrywide, allowing consumers to complete critical transactions without interruption.