Buddh Purnima Bank Holiday: Banks to Remain Closed in 13 States on May 5; Check Full List

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Buddh Purnima Bank Holiday: Banks to Remain Closed in 13 States on May 5; Check Full List


Last Updated: May 04, 2023, 15:30 IST

Buddh Purnima Bank Holiday 2023: As per the vacation calendar record launched by the Reserve Bank of India (RBI), tomorrow on May 5, 2023, banks in sure states of India will stay closed to mark Buddh Purnima.

On account of this auspicious event, it has been declared that quite a few banks located throughout a number of states will stay closed, which may probably trigger a level of inconvenience to prospects who might have pressing banking wants or necessities.

All kinds of transactions starting from depositing checks to buying demand drafts, and even conducting cash withdrawals, amongst different issues, could also be disrupted and put on maintain throughout this designated financial institution vacation.

Bank Holidays in May 2023

The record signifies that Indian banks can have a complete of 12 holidays in May 2023, bearing in mind the weekends and the second and fourth Saturdays of the month.

Furthermore, in addition to the Buddha Purnima celebrations, the month of May is marked by a further ten financial institution holidays, which embrace a various vary of events like Rabindranath Tagore Jayanti, Maharana Pratap Jayanti, and different regional occasions. The intensive record of financial institution holidays for the month of May consists of May 7 (Sunday), May 9 (Rabindranath Tagore Jayanti in Kolkata), May 13 (second Saturday), May 14 (Sunday), May 16 (Sikkim Statehood Day), May 21 (Sunday), May 22 (Maharana Pratap Jayanti in Shimla), May 24 (Kazi Nazrul Islam Jayanti in Tripura), May 27 (fourth Saturday), and May 28 (Sunday).

Bank Holiday on Buddha Purnima (5 May 2023)

Banks in Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar stay closed on the event of Buddha Purnima. However, it is going to be a standard working day for the banks in different states.

Buddha Purnima, which falls on May 5 this 12 months, marks Gautama Buddha’s birthday. According to Hindu mythology, Lord Buddha was additionally born on this present day and he attained enlightenment on this big day. On this present day, devotees of Buddha go to temples to pay attention to monks give talks and recite historic verses. Many devotees additionally put on white robes and solely eat vegetarian meals on and round this present day. Astrologers imagine that Buddha Purnima or Vaishakha Purnima is bringing many particular coincidences this 12 months, the primary lunar eclipse of the 12 months goes to occur on this present day.

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