Are Pvt, Public Sector Banks Closed On May 23? Check State-Wise List
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Buddha Purnima 2024 Bank Holiday: Are Pvt, Public Sector Banks Closed On May 23? Check State-Wise List
Banks will also be closed on May 25 for Nazrul Jayanti and the Lok Sabha General Elections 2024 (fourth Saturday). This will affect banks in Tripura and Orissa.
Buddha Purnima 2024 Bank Holiday: Are Pvt, Public Sector Banks Closed On May 23? Check State-Wise List
Bank Holiday Latest Update: Private and public sector banks will remain closed on Thursday, May 23, for Buddha Purnima. The Reserve Bank of India’s holiday list confirms the closure in multiple states. Despite this, digital banking services offer convenient financial management solutions even on public holidays. Individuals can access a range of services online, ensuring seamless transactions and account monitoring. The ease and accessibility of digital banking have transformed traditional banking practices, providing customers with round-the-clock convenience.
States and cities that will observe Bank Holidays on May 23
As per the information available, banks will be closed in Tripura, Maharashtra, Mizoram, Madhya Pradesh, Chandigarh, Uttarakhand, Arunachal Pradesh, Jammu, Uttar Pradesh, West Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, and Srinagar. Banks will also remain closed in Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.
Bank holidays in May
Banks are closed for 14 days in May 2024, according to the Reserve Bank of India (RBI) holiday list.
Banks are closed in May on the occasion of Maharashtra Din/May Day (Labour Day), Lok Sabha General Elections 2024, Birthday of Rabindranath Tagore, Basava Jayanti/Akshaya Tritiya, Lok Sabha General Elections 2024, State Day, Buddha Pournima and Nazrul Jayanti.
Banks will also be closed on May 25 for Nazrul Jayanti and the Lok Sabha General Elections 2024 (fourth Saturday). This will affect banks in Tripura and Orissa.
There are only three national holidays declared by Government of India: Republic Day (26 January), Independence Day (15 August), and Gandhi Jayanti (2 October).
What is Buddha Purnima
Buddha Jayanti or Vesak is the most important holiday for Buddhists all over the world. It is celebrated on the Full Moon Day of May (Vaisakh) and is known as the thrice blessed day because it commemorates all of the important events in Lord Buddha’s life, including his birth in Lumbini, Enlightenment in Buddhagaya, and entry into Mahaparinirvana in Kusinagar.
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