Buddha Purnima bank holiday: Banks will be closed in many states on May 23 to mark Buddha Purnima, according to the Reserve Bank of India holiday list. However, individuals can avail digital banking services that have made managing finances easier, especially on bank holidays.
Buddha Purnima: In which states are banks closed?
Banks in Tripura, Maharashtra, Mizoram, Madhya Pradesh, Chandigarh, Uttara Khand, 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 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.
Bank holidays in May
Banks are closed for 14 days in May 2024, as per the Reserve Bank of India (RBI) holiday list. Banks are closed in May for Maharashtra Din/May Day (Labour Day), Lok Sabha General Elections 2024, the Birthday of Rabindranath Tagore, Basava Jayanti/Akshaya Tritiya, Lok Sabha General Elections 2024, State Day, Buddha Pournima and Nazrul Jayanti. However, these holidays can change according to different states. RBI marks certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks’ Closing of Accounts.
Bank holiday on May 25
Banks will remain closed on the occasion of Nazrul Jayanti/Lok Sabha General Elections 2024 (fourth Saturday) in Tripura, Orissa.
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