Bank Holidays This Week: Will Banks Be Closed on Buddha Purnima Today? Full Schedule Inside

Introduction:

Today, May 12, 2025, marks Buddha Purnima, a significant religious observance commemorating the birth, enlightenment, and death of Lord Buddha. This day is recognized as a gazetted public holiday in India, leading to the closure of banks in various states. However, the extent of the closures varies across regions. While some states observe a full-day holiday, others may have partial closures or no closures at all. It's essential for residents and businesses to be aware of the specific banking schedules in their respective areas to plan their financial activities accordingly.The Economic TimesTime and Date+1The Economic Times+1

1. States Observing Full Bank Holiday on Buddha Purnima

In several states, banks remain closed throughout the day on May 12 in observance of Buddha Purnima. This closure includes both public and private sector banks. The states observing a full-day bank holiday are:

• Tripura

• Mizoram

• Madhya Pradesh

• Uttarakhand

• Arunachal Pradesh

• Jammu & Kashmir

• Uttar Pradesh

• Maharashtra

• New Delhi

• Chhattisgarh

• Jharkhand

• Himachal Pradesh

• SrinagarBankbazaar+3HDFC Bank+3Business Standard+3Hindustan Times+5Business Standard+5The Economic Times+5The Economic Times+1Business Standard+1

In these states, over-the-counter banking services such as cash deposits, cheque clearances, and account-related transactions will be unavailable. However, customers can still access their accounts and perform transactions through digital platforms like net banking, mobile banking apps, and ATMs, provided there are no technical issues or maintenance activities. Business Standard+2The Times of India+2The Economic Times+2

2. States Not Observing Buddha Purnima as a Bank Holiday

In some states, Buddha Purnima is not recognized as a public holiday, and banks operate as usual. In these regions, customers can expect regular banking hours and services. It's advisable to check with local branches for any specific notices or changes in operating hours.

3. Extended Weekend Due to Buddha Purnima

For many individuals, the closure of banks on May 12 creates an extended weekend, as it follows the second Saturday (May 10) and Sunday (May 11). This extended break provides an excellent opportunity for personal errands, relaxation, or short trips. However, it's crucial to plan ahead for any banking needs, as services may resume only on May 13, 2025.The Economic Times+1Bankbazaar+1

4. Digital Banking Services Remain Operational

Despite the physical closure of banks in certain states, digital banking services continue to function. Customers can utilize online banking portals, mobile banking applications, and ATMs for various transactions, including:

• Fund transfers

• Bill payments

• Checking account balances

• Applying for loans or credit cards

• Investing in fixed deposits or mutual funds

It's important to note that while digital platforms are available, certain services that require physical verification or processing, such as cheque clearances, may be delayed until the next working day.www.ndtv.com+1The Times of India+1

5. Planning for Upcoming Bank Holidays in May 2025

Looking ahead, there are several other bank holidays scheduled for May 2025. Being aware of these dates can help individuals and businesses plan their financial activities effectively. Upcoming bank holidays include:

• May 16 (Friday) – State Day in Sikkim

• May 26 (Monday) – Birthday of Kazi Nazrul Islam in Tripura

• May 29 (Thursday) – Maharana Pratap Jayanti in Himachal PradeshClearTax+7mint+7Bankbazaar+7

It's advisable to check the Reserve Bank of India's (RBI) holiday calendar or consult with local bank branches for the most accurate and up-to-date information regarding bank holidays in your area. Hindustan Times+2The Indian Express+2www.ndtv.com+2

6. Tips for Managing Banking Needs During Holidays

To ensure smooth financial operations during holiday periods, consider the following tips:

• Plan Ahead: Anticipate your banking needs before the holiday.

• Utilize Digital Platforms: Make use of online banking services for transactions.

• Check for Notices: Look out for any announcements regarding changes in banking hours.

• Contact Customer Support: Reach out to your bank's customer service for assistance with urgent matters.

Conclusion

Buddha Purnima on May 12, 2025, is a significant day for many, marked by religious observances and public holidays. While banks remain closed in several states, digital banking services provide a convenient alternative for managing financial transactions. By staying informed about bank holidays and utilizing available digital tools, individuals can ensure their banking needs are met without disruption.