October 2025 is bringing a happy surprise for many people in India. The government has announced a special festive bonus through major public sector banks. Banks like State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BOB) will give up to ₹1 lakh directly into the accounts of selected customers.
This offer is part of a festive relief plan to help people enjoy Diwali 2025 with more comfort and financial support. It will also help increase spending and support small businesses during the festive season.
₹1 Lakh Bonus Scheme Details
Here are the main details of the festive bonus plan from different banks:
| Bank | Eligible Customers | Bonus Amount | Disbursal Date | Mode of Payment |
| SBI | Salary & Pension Account Holders | Up to ₹1,00,000 | From 1st October 2025 | Direct Bank Credit |
| PNB | Savings & Salary Accounts | Up to ₹1,00,000 | From 5th October 2025 | DBT (Direct Benefit Transfer) |
| Bank of Baroda | Account Holders linked with Govt Schemes | Up to ₹1,00,000 | By 10th October 2025 | Direct Credit to Account |
Who Will Receive the Bonus
The scheme is mainly for loyal and regular customers of these banks. People who are likely to receive the bonus include:
- Government employees and pensioners who get their payments through SBI, PNB, or BOB.
- Account holders linked with government welfare schemes like PM Jan Dhan Yojana or subsidy accounts.
- Salary account holders working in private companies that have tie-ups with these banks.
So, if your account is connected with any government benefit or you get your salary through these banks, you may get the bonus.
Why This Scheme is Announced Now
The timing of this scheme is not random. The government and banks have chosen the festive season for some strong reasons.
First, it helps people have extra money during Diwali. Families can use it for shopping, gifts, travel, or festivals. Second, it boosts the country’s economy because more spending means more sales for shops and online stores. Finally, it shows appreciation for loyal customers and helps build trust between people and public sector banks.
How Will the ₹1 Lakh Be Credited
There is no need to apply or fill any form to get the bonus. The amount will be directly sent to eligible accounts by the banks.
Customers will receive an SMS and email notification once the money is credited. The best part is that this bonus is not a loan or advance. It is a direct financial benefit offered by the banks under government direction.
This makes the process simple and easy for everyone. You just need to make sure your account details are correct.
Benefits of This Festive Bonus
This festive bonus comes with several advantages for customers:
- It gives quick financial help during the festival season.
- There are no forms or extra steps needed to get it.
- It helps both rural and urban customers across India.
- It increases spending, which supports local markets and the overall economy.
For many middle-class families, this is a big help during Diwali when expenses are usually higher.
Things Customers Should Keep in Mind
To make sure you receive the bonus without any issues, keep these points in mind:
- Your bank account should be active and linked with Aadhaar and PAN.
- Make sure your KYC (Know Your Customer) details are complete and up to date.
- Inactive or incomplete accounts may not receive the benefit.
- The scheme is only valid for October 2025, so check your account regularly during this period.
If your account is eligible and active, you do not need to do anything else. The money will come directly from your bank.
Conclusion
The ₹1 lakh festive bonus is a wonderful gift from the government and banks for this Diwali season. It will help millions of people across India enjoy the festival with less financial stress. Whether you are a government employee, pensioner, or a regular account holder, this scheme adds extra joy to your celebrations. So, keep your account active and wait for that exciting credit message this October!
Disclaimer:This article is based on official updates and public reports about the government’s festive relief scheme for October 2025. The information shared is for general awareness and may change based on future government or bank announcements. Customers are advised to check with their respective banks for final confirmation before making any financial decisions.