Bank Holiday Today October 7: Banks across several Indian states remain closed today for Maharishi Valmiki Jayanti and Kumar Purnima, according to the Reserve Bank of India’s holiday calendar. While physical branches are shut in specific regions, digital banking services, including online banking, ATMs, and UPI, remain fully operational.
Table of Contents
Which States Have Bank Holidays?
Banks Closed Today In:
- Karnataka (Bengaluru)
- Odisha (Bhubaneswar)
- Chandigarh
- Himachal Pradesh (Shimla)
- Uttar Pradesh
- Delhi
- Haryana
| State | Occasion | Services Available |
|---|---|---|
| Karnataka, Odisha, UP, Delhi, HP, Haryana, Chandigarh | Valmiki Jayanti / Kumar Purnima | Online banking, ATMs, UPI |
| Rest of India | Regular working day | All banking services |
As covered in our RBI holiday calendar analysis, October 2025 sees 21 total bank holidays across various states due to the festive season.
About the Celebrations
Maharishi Valmiki Jayanti
This day commemorates the birth anniversary of Maharishi Valmiki, the revered sage who authored the epic Ramayana. Known as Adi Kavi (First Poet) of Sanskrit literature, Valmiki’s life symbolizes transformation from darkness to enlightenment. The festival is celebrated with special prayers, temple visits, processions, and Ramayana recitations, particularly across North India.
Kumar Purnima
Observed primarily in Odisha and eastern regions, Kumar Purnima is dedicated to Lord Kartikeya, symbolizing youth and valor. Young girls traditionally fast and pray for happiness and prosperity.
Impact on Public Services
Schools and Government Offices
Delhi and Uttar Pradesh have declared October 7 as a public holiday for all government schools, colleges, and offices. Additionally, liquor shops in Delhi remain closed as the day is observed as a “dry day” under excise policy.
Other States
Most other states, including Maharashtra, Tamil Nadu, Karnataka (outside Bengaluru), and Telanghua, continue regular operations with schools and offices open.
Banking Services: What’s Available?
Digital Services Continue
Despite physical branch closures, customers can access:
- Online Banking: All internet banking services functional
- Mobile Banking Apps: Complete access to mobile banking
- ATM Services: Cash withdrawals and balance inquiries available
- UPI Payments: Digital payments operational
- NEFT/RTGS: Electronic fund transfers continue
As detailed in our digital banking guide, these services ensure uninterrupted banking for urgent needs.
Customer Advisory
Customers are advised to complete urgent banking transactions requiring physical branch visits either before or after the holiday. For routine transactions, digital channels provide seamless alternatives.
October 2025 Banking Calendar
October features extensive bank closures due to festive season:
- October 6: Lakshmi Puja (Agartala, Kolkata)
- October 7: Valmiki Jayanti / Kumar Purnima (multiple states)
- October 10: Karva Chauth (Himachal Pradesh)
- October 20-23: Diwali-related holidays (pan-India)
- October 27-28: Chhath Puja (Bihar, Jharkhand, West Bengal)
- October 31: Sardar Patel’s Birthday (Gujarat)
Our festival banking schedule provides comprehensive state-wise details.
Cultural Significance
Valmiki Jayanti holds special importance as it celebrates the author of one of Hinduism’s greatest epics. The sage’s transformation from Ratnakar (a highway robber) to Valmiki (composer of the Ramayana) symbolizes redemption and spiritual awakening, making this day significant for devotees across India.
Planning Your Banking Needs
Before Holiday Impact
- Complete cheque deposits
- Withdraw sufficient cash
- Schedule important payments
- Update standing instructions
Alternative Options
For states observing the holiday, consider using neighboring state branches or rely entirely on digital banking for the day.
Bottom Line
While banks remain closed in seven states today for Valmiki Jayanti and Kumar Purnima, the impact on banking services is minimal thanks to robust digital infrastructure. Customers in affected states should leverage online banking, mobile apps, and ATM services for their banking needs. The holiday provides an opportunity for devotees to participate in cultural and spiritual festivities honoring Maharishi Valmiki’s legacy.
Stay updated on bank holidays and financial services by following our banking news section and festival calendar coverage.
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