Buddha Purnima 2024 Bank Holiday: Banks Will Be Closed Tomorrow In These States, Check List Here

Buddha Purnima, a significant festival commemorating the birth, enlightenment, and death of Lord Buddha, is celebrated with great pomp and devotion in many parts of India as well as around the world. In 2024, this auspicious day falls on May 23. To celebrate the occasion, several states have declared a bank holiday.

Bhupinder SinghUpdated: May 22, 2024, 13:51 IST
3 min read
buddha purnima

Buddha Purnima Bank Holiday: Buddha Purnima, a significant festival commemorating the birth, enlightenment, and death of Lord Buddha, is celebrated with great pomp and devotion in many parts of India as well as around the world. In 2024, this auspicious day falls on May 23. To celebrate the occasion, several states have declared a bank holiday.

Are Banks closed on May 23?

According to the Reserve Bank of India's holiday calendar for 2024, both private and public sector banks will be closed on Thursday, May 23, to celebrate Buddha Jayanti in several cities across the country.

Bank holidays in India are categorised under RBI guidelines into three types: Holidays under the Negotiable Instruments Act, Holidays under the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks¡¯ Closing of Accounts. Bank Holidays in June 2024

Online services

If you have any urgent banking tasks, it¡¯s important to be aware of these closures to avoid any last-minute problems. However, you can still use many banking services through mobile and online platforms even when physical branches are closed.

Banks will be closed in these cities

On Buddha Purnima, bank branches will remain closed in cities such as Tripura, Mizoram, Belapur, Madhya Pradesh, Punjab, Uttarakhand, Itanagar, Jammu and Kashmir, Uttar Pradesh, West Bengal, Maharashtra, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh. Marking this auspicious day, devotees remember Siddhartha Gautama, later known as Gautama Buddha, whose wisdom continues to inspire millions.

Buddha Purnima 2024

Buddha Purnima celebrated during the Vaishakha month, marks the birth anniversary of Gautama Buddha, the spiritual teacher whose teachings laid the foundation of Buddhism. According to Drik Panchang, the Purnima Tithi begins at 6:47 PM on May 22 and ends at 7:22 PM on May 23.

Here's a State-wise List Of Bank Holidays in May 2024:

1. May 1, Wednesday - Maharashtra Din/May Day (Labour Day)

Banks will be closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Telangana, Manipur, Kerala, West Bengal, Goa, Andaman And Nicobar Islands and Bihar.

2. May 5, Sunday: Weekend

Banks will be closed across the country

3. May 7, Tuesday - Lok Sabha General Elections 2024

Banks remain shut in Gujarat, Madhya Pradesh, and Goa.

4. May 8, Wednesday - Birthday of Rabindranath Tagore

Banks observed a holiday in West Bengal

5. May 10, Friday - Basava Jayanti/Akshaya Tritiya

Banks will be shut in Karnataka.

6. May 12, Sunday: Weekend

Banks will be closed across the country

7. May 13, Monday - Lok Sabha General Elections 2024

Banks will be closed in Srinagar

8. May 16, Thursday - State Day

Banks remain closed in Sikkim.

9. May 19, Sunday: Weekend

Banks will be closed across the country

10. May 20, Monday - Lok Sabha General Elections 2024

Banks will be shut in Belapur, Mumbai

11. May 23, Thursday - Buddha Pournima

Banks remain closed across the country except, Gujarat, Karnataka, Tamil Nadu, Sikkim, Assam, Telangana, Manipur, Rajasthan, Kerala, Nagaland, Goa, Bihar, Meghalaya

12. May 25, Saturday - Nazrul Jayanti/Lok Sabha General Elections 2024/Second Saturday

Banks observed holidays across the country due second Saturday

13. May 26, Sunday: Weekend

Banks will be closed across the country

For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here
Bhupinder Singh

Bhupinder Singh serves as a Principal Executive in Content Management, specializing in SEO content related to trending financial news, net worth of celebrities, historic events, and art and culture. His passion for cricket shines through in his work and personal interests. In his free time, Bhupinder enjoys discussing cricket legends like MS Dhoni and Sachin Tendulkar, as well as following the IPL.

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