Why are banks closed on November 9 in India?
Banks are closed on Monday, 9 November because the Reserve Bank of India observes Diwali and related festivals as official holidays. While physical branches remain shut, digital services such as online banking, UPI and mobile apps stay available, and fund transfers via NEFT, RTGS and cheques can still be processed.
What happened
- Earlier
RBI rules state that all scheduled and non‑scheduled banks close on listed holidays, including Diwali and related festivals [2]
- 9 Nov
Banks including SBI, HDFC, ICICI and other lenders remain closed for customers on Monday, 9 November due to Diwali and associated celebrations [2]
What you need to know
Digital banking services remain operational 24/7
UPI, net banking and mobile apps work without interruption
NEFT, RTGS and cheque-based transfers are still available
Customers should verify local branch schedules for any additional closures
It is unclear whether any banks will adjust their schedules beyond the announced closures, and the exact list of cities affected may vary.
Background
The Reserve Bank of India releases an annual bank holiday calendar in January, which lists national, gazetted and local holidays; in November 2026 the calendar shows 16 days of closures, including the Diwali festival on 9 November [2].
On 9 November, banks in cities such as Agartala, Bhopal, Chandigarh, and Mumbai remain closed for customers, though online banking, UPI and mobile apps stay functional, and fund transfers via NEFT, RTGS and cheques remain accessible [2].
Questions people ask
Are banks open on Diwali?
Banks are closed to customers on Diwali, but digital services such as online banking and UPI remain operational.
Can I still transfer money on a bank holiday?
Yes, transfers can be made through NEFT, RTGS, demand drafts or cheque books, and UPI works round the clock.
Do all banks close on 9 November?
All scheduled and non‑scheduled banks observe the holiday, so branches are closed, though some local offices may have different schedules.
Where this came from
[1] m.economictimes.com
Diwali/ Laxmi Puja bank holiday: Are banks open or closed today on November 9, 2026? (economictimes.com)
Preview image from m.economictimes.com
[2] livemint.com
Bank holiday today: Are SBI, HDFC, ICICI branches closed on Monday, 9 November for Diwali? Check cities, RBI calendar
Preview image from livemint.com
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