Buddha Purnima bank holiday: According to the list of holidays of the Reserve Bank of India, banks will remain closed in many states on the occasion of Buddha Purnima on 23 May. However, customers can avail digital banking services
Buddha Purnima bank holiday: According to the list of holidays of the Reserve Bank of India, banks will remain closed in many states on the occasion of Buddha Purnima on 23 May. However, customers can avail digital banking services. In this, you will be able to easily handle money related work even on bank holidays.
Buddha Purnima: In which states banks are closed?
Banks will remain closed in Tripura, Maharashtra, Mizoram, Madhya Pradesh, Chandigarh, Uttarakhand, Arunachal Pradesh, Jammu, Uttar Pradesh, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh and Srinagar.
What is Buddha Purnima?
Buddha Jayanti or Vesak is the most important holiday for Buddhists around the world. It is celebrated on the full moon day of May (Vaisakh) and is known as the Thrice Blessed Day as it commemorates all the important events in the life of Lord Buddha, including his birth in Lumbini, Includes enlightenment at Buddhagaya and entry into Mahaparinirvana at Kusinagar.
Bank holidays in may
According to the holiday list of the Reserve Bank of India (RBI), banks are closed for 14 days in May 2024. Banks are closed in May due to Maharashtra Day/May Day (Labor Day), Lok Sabha General Election 2024, Rabindranath Tagore’s Birthday, Basava Jayanti/Akshaya Tritiya, Lok Sabha General Election 2024, Statehood Day, Buddha Purnima and Nazrul Jayanti. However, these holidays may vary from state to state. RBI fixes certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and closure of bank accounts.
Bank holiday on 25th May
Banks will remain closed on the occasion of Nazrul Jayanti/Lok Sabha General Election 2024 (4th Saturday) in Tripura, Orissa.