Diwali, the Festival of Lights, is to brighten up India on 31st October 2024. While gifting each other with merriment, families must also remain vigilant about the “Diwali 2024 bank holidays” which would be affecting financial and business operations across the nation.
As Diwali is a festival celebrated in various states, banks would be having holidays, affecting services in those states.
Bank Holidays to Differ from State to State
The dates of Diwali bank holidays also differ from state to state because India is culturally heterogeneous. For instance, during Diwali celebrations on October 31, several major states like Delhi, Assam, Gujarat, and Uttar Pradesh will announce a bank holiday, with other states following in various regions.
In the observed regions, the banks, in addition to observing the Diwali celebrations, will also observe other practices such as Naraka Chaturdashi and Kali Puja to guarantee that communities spend ample unbroken time with their respective families and friends.
Now that the bank holidays for Diwali 2024 are around the corner, people are in a rush to make their transactions and set up finances. Companies and travelers, especially, need to plan ahead of these holidays so that they don’t get inconvenienced.
Bank holidays during Diwali make for a hectic season, where people have to buy all essentials, settle their finances, or even make arrangements for a trip before operations go on hold. Preparation beforehand can help ensure that everything goes on smoothly without interruption during the festival season.
Additional states- Maharashtra, Manipur and Uttarakhand – observe holidays from banks on Diwali, besides regional festival celebrations, that includes Kut Festival and Kannada Rajyotsava. In fact, the city of Karnataka will have significant festivals falling on two occasions — Diwali and celebration of adoption of Constitution of India- Karnataka’s statehood day. Locals, therefore, enjoy cultural activities this time also.
Diwali 2024 Bank Holidays: All Banks to be Closed on November 2024
The bank holidays due to the extended Diwali 2024 will continue on November 2, with Lakshmi Puja and Govardhan Puja closing the states of Rajasthan, Sikkim, and Gujarat. Even though it is the first Saturday of the month, banks in these regions will be closed as they would have considered the day a part of the Diwali holiday series. Lastly, all banks will remain closed throughout the country on Sunday, November 3, as it falls on a standard non-working day in India.
With the knowledge of the bank holidays during Diwali 2024, families and businesses will be well prepared ahead of time, therefore having a very stress-free celebration of this vibrant festival.
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