Banks across at least 20 Indian states—including Delhi, Maharashtra, Karnataka and West Bengal—were closed on Wednesday, 5 November 2025 for Guru Nanak Jayanti and Kartik Purnima, according to the Reserve Bank of India’s holiday calendar.
While online and ATM services remained operational, branch closures disrupted in-person transactions such as salary crediting, demand-draft issuance and document notarisation—services critical to onboarding expatriates and settling relocation expenses. Corporates processing provident-fund deposits and goods-and-services-tax payments also faced a one-day delay.
![Mid-week bank holiday on 5 November may delay relocation payments and compliance filings]()
Global-mobility managers relocating staff in early November should note knock-on effects: (1) settlement of housing deposits may slip to 6 November, (2) payroll cut-offs for shadow employees might need adjustment, and (3) foreign nationals collecting FRRO payment receipts will have to reschedule appointments.
Several private banks pre-emptively extended cut-off times for NEFT/RTGS transfers on 4 November to mitigate the impact, while public-sector banks issued advisories urging customers to use digital channels.
The next nationwide closures are the second Saturday (8 November) and fourth Saturday (22 November), giving mobility teams a narrow window to clear India-related financial tasks before month-end.
While online and ATM services remained operational, branch closures disrupted in-person transactions such as salary crediting, demand-draft issuance and document notarisation—services critical to onboarding expatriates and settling relocation expenses. Corporates processing provident-fund deposits and goods-and-services-tax payments also faced a one-day delay.
Global-mobility managers relocating staff in early November should note knock-on effects: (1) settlement of housing deposits may slip to 6 November, (2) payroll cut-offs for shadow employees might need adjustment, and (3) foreign nationals collecting FRRO payment receipts will have to reschedule appointments.
Several private banks pre-emptively extended cut-off times for NEFT/RTGS transfers on 4 November to mitigate the impact, while public-sector banks issued advisories urging customers to use digital channels.
The next nationwide closures are the second Saturday (8 November) and fourth Saturday (22 November), giving mobility teams a narrow window to clear India-related financial tasks before month-end.
