It is good time to travel in October for two reasons - The rains and peak summer weather will be over even though it will still be hot but not as bad. And secondly the effects of earthquake will be settled.
Hi Manisha, October is a good time to travel to Bali, as the monsoons are over, and the autumn colors bloom iin full swing. It is not as sunny, so you'll have a good time at the beach too, without burning your skin. Happy travel!
However, for many reasons, best time to come to Bali is April, May, June and September, just before and just after high season. It's still dry season, it's slightly less humid, and room prices and villa rentals can be 30-50% cheaper than during high season.