Banks shut for 16 days in October:Apart from 4 Sundays 2 Saturdays, banks will remain closed for 10 more days in different cities

Government and private banks across different cities will remain closed for a total of 16 days next month, in October. This includes four Sundays and two Saturdays. The RBI has released the list of bank holidays for October. Bank holidays are determined based on different states and local festivals. Banks will remain closed across the country on 2 October for Gandhi Jayanti. If you need to visit a bank to complete any work in October, check the full list of holidays here: Bank Holidays in October Source: RBI (Reserve Bank of India) Digital banking services will remain operational Despite branches remaining closed, customers will be able to complete their banking transactions online. Services such as internet banking, mobile banking, UPI, ATMs, NEFT and RTGS remain operational 24 hours a day. What is the difference between NEFT and RTGS? National Electronic Funds Transfer (NEFT): You can use it to transfer money to any bank account. The money is processed in batches, every half an hour. This service remains operational 24×7, including on holidays. Real-Time Gross Settlement (RTGS): It is used to transfer large amounts, with a minimum transfer of ₹2 lakh. The money is transferred instantly, in real time. This service also remains operational 24×7.