Banks will be closed in some parts of the country on Monday, May 12, 2025, for Buddha Purnima as per the Reserve Bank of India (RBI) holiday list.
The Reserve Bank of India (RBI) has announced a bank holiday on Monday, May 12, 2025, in several cities. These include Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar.
Also, banks across the country were already closed Saturday, May 10, and Sunday, May 11, 2025, as per the RBI holiday calendar.
Buddha Purnima 2025:
Buddha Purnima is celebrated as the birth anniversary of Prince Siddhartha Gautama, who later became the Buddha and started Buddhism. This holy festival is observed in South, Southeast, and East Asia on a full moon day, usually in April or May.
Upcoming Bank Holidays in May 2025
May 16 (Friday) – State Day:
Banks in Sikkim will be closed to celebrate State Day.
May 26 (Monday) – Birthday of Kazi Nazrul Islam:
Banks in Tripura will be closed on this day to mark the birthday of Kazi Nazrul Islam.
May 29 (Thursday) – Maharana Pratap Jayanti:
Banks in Himachal Pradesh will be closed to observe Maharana Pratap Jayanti.
How Does the RBI Decide Bank Holidays?
Bank holidays are different in each state because they depend on local and national festivals. Besides these holidays, banks are also closed on the second and fourth Saturdays of every month, as well as al Sundays. So, its a good idea for customers to check the holiday list with their nearest bank branch.
Where to Look for Bank Holiday Information?
To find out if banks are open or closed on a certain day, customers should check the Reserve Bank of India’s (RBI) official website or look at notices from their bank.
Bank Holiday Services You Can Still Use
Even on bank holidays, customers can use online banking services to manage their accounts and make transactions. These services allow for easy access to banking without visiting the bank.
You can transfer money using NEFT or RTGS, request a demand draft, or apply for a chequebook. Credit cards, debit cards, and ATM cards can also be used. Additionally, you can fill out forms for account maintenance, set up standing instructions, or apply for a locker.
