Udaipur, October 25, 2026: Banks will remain closed in several states on Monday, October 26, 2026, due to regional holidays, according to the Reserve Bank of India (RBI) holiday calendar. Customers planning to visit a bank branch should check whether the holiday applies in their state before heading out.

The reported reasons for the closures include Lakshmi Puja, Accession Day and Maharishi Valmiki Jayanti. The holiday schedule varies by state, so bank branches will remain open in several other parts of the country.

Why Are Banks Closed on October 26?

According to the holiday information in the report, bank branches in Tripura, Chandigarh, Jammu and Kashmir, Himachal Pradesh and Karnataka are among those listed for closure on October 26. The applicable holiday depends on the state and the RBI’s regional holiday schedule.

The holidays have different cultural and historical significance:

• Lakshmi Puja: A Hindu festival dedicated to Goddess Lakshmi, who is associated with wealth and prosperity. People worship at their homes and shops to seek prosperity.
• Accession Day: Observed in connection with the signing of the Instrument of Accession by the then ruler of Jammu and Kashmir, Maharaja Hari Singh, on October 26, 1947.
• Maharishi Valmiki Jayanti: Celebrates the birth anniversary of Maharishi Valmiki, the revered Sanskrit poet traditionally regarded as the author of the Ramayana.

In Which States Will Banks Remain Open?

Banks are expected to remain open on October 26 in several states, including Delhi, Uttar Pradesh, Bihar, Maharashtra and Rajasthan, according to the report.

Customers should confirm the applicable holiday with their local bank branch, as closures depend on the regional holiday schedule.

Other Bank Holidays in October 2026

The report lists the following additional dates and holidays for October:

• October 25, Sunday: Banks closed nationwide for the weekly holiday.
• October 26, Monday: Lakshmi Puja, Accession Day and Maharishi Valmiki Jayanti; closures apply in the specified regions.
• October 29, Thursday: Karwa Chauth; bank branches in Himachal Pradesh are listed for closure.
• October 31, Saturday: Sardar Vallabhbhai Patel Jayanti; banks in Gujarat are listed for closure.

Will Online Banking and UPI Work?

Even when bank branches are closed, customers can generally continue to use digital banking services. Internet banking, mobile banking and UPI can be used for money transfers, while ATMs can provide cash withdrawal services.

However, branch-dependent services, including certain cheque-clearing activities and other in-person banking work, may be affected by the holiday.

Customers planning important transactions should check with their bank in advance to avoid delays.

FAQ Section

1. Will banks be closed on Monday, October 26, 2026?

Banks will be closed in certain states and regions for listed holidays. The closure does not apply uniformly across India.

2. Why are banks closed on October 26?

The reported reasons are Lakshmi Puja, Accession Day and Maharishi Valmiki Jayanti, depending on the region.

3. Will banks remain open in Rajasthan on October 26?

The report lists Rajasthan among the states where banks are expected to remain open.

4. Will banks be closed in Delhi on October 26?

According to the report, banks in Delhi are expected to remain open.

5. What is Accession Day?

Accession Day is associated with Maharaja Hari Singh signing the Instrument of Accession of Jammu and Kashmir to India on October 26, 1947.

6. Will banks in Himachal Pradesh be closed on October 29?

The report lists bank closures in Himachal Pradesh for Karwa Chauth on October 29.

7. Will UPI and mobile banking work during a bank holiday?

UPI, internet banking and mobile banking services can generally be used during branch holidays, subject to service availability.

8. Will ATMs remain available during bank holidays?

ATM services are generally available during bank holidays, although cash availability may vary by location.