What happened to the 5 day holiday in banks? Know whether banks will be open or closed on this Saturday, 1st November

News India Live, Digital Desk: Are banks closed on this Saturday?” – This is a question that comes to people’s mind almost every week, especially at the beginning of the month. The demand for holiday on all Saturdays in banks has been going on for a long time, and many news also keep coming about it. In such a situation, it is very important to know that the coming Saturday, i.e. 1 November 2025 Whether there will be work in banks or not?

If you also have some important work related to the bank this Saturday, then this news is very important for you. Let us know what the current rules are and whether the dream of a 5-day week has come true.

What is the situation on 1 November 2025 (Saturday)?

First and foremost – Yes, banks across the country will remain open on Saturday, November 1, 2025.

Why will banks remain open?
According to the current rules of the Reserve Bank of India (RBI), banks in India are allowed to deposit only second and fourth saturday Remain closed only.

• 1 November 2025 of the month first saturday Therefore, there will be normal functioning in all government and private banks on this day. You can complete all the work by going to your branch.
• Although, Manipur For example, in some states there may be a local holiday on the occasion of ‘Kut’ festival, so please check the list of holidays of your state.

So what happened to the news of 5-day week?

It is true that an agreement has been reached between the bank unions and the Indian Banks Association (IBA) to keep every Saturday as a holiday in banks. This proposal has been sent to the government and RBI for approval.

• What is the proposal?: According to the proposal, banks will work for 5 days every week (Monday to Friday) and all Saturdays and Sundays will be closed. In return, employees’ working hours will be slightly increased every day.
• Approval has not been received yet: But, no final decision has yet come from the government or RBI on this proposal. Until any official notification is issued on this, the old rule (second and fourth Saturday holiday) will remain in force.

Therefore, do not pay attention to any rumor floating on social media. Until the government officially announces 5-day banking, banks will remain open on the first and third Saturdays.

So, if you have any pending work, you can visit your bank on Saturday, November 1 without any worries.