Banks Closed Today for Mahavir Jayanti: Check Your Local Holiday Schedule
April 10, 2025 | 08:12 AM IST
In observance of Mahavir Jayanti, banks across several states in India will remain closed today, April 10, 2025. This closure also extends to stock markets, which will not operate for trading activities.
Reserve Bank of India Announces Bank Holidays
The Reserve Bank of India (RBI) regularly informs the public of bank holidays through its official channels, which include its website and specific notifications from individual banks. The designated bank holidays are categorized into three segments:
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Holidays Under the Negotiable Instruments Act: These comprise public holidays that are either declared by the central or state government. Notable examples include Independence Day and Gandhi Jayanti.
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Holidays for RTGS Transactions: Certain holidays impact the Real-Time Gross Settlement (RTGS) system, meaning that transactions are not processed on these dates.
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Bank Account Closing Holidays: These holidays allow banks to finalize their annual account records.
Mahavir Jayanti: Significance and Celebrations
Mahavir Jayanti, also known as Mahaveer Janma Kalyanak, is a significant festival for the Jain community, commemorating the birth of Lord Mahavir, who is revered as the 24th and final Tirthankara in Jainism.
Where Are Banks Closed?
While many banks will observe this holiday, it is important to note that the closure is not nationwide. Banks, both public and private, will close in specific cities including:
- Ahmedabad
- Aizawl
- Belapur
- Bengaluru
- Bhopal
- Chennai
- Jaipur
- Kanpur
- Kolkata
- Lucknow
- Mumbai
- Nagpur
- New Delhi
- Raipur
- Ranchi
In contrast, banks in cities such as Agartala, Bhubaneswar, Chandigarh, Dehradun, Gangtok, Guwahati, various regions in Andhra Pradesh and Telangana, and others will continue their regular operations.
Upcoming Bank Holidays in April
Following April 10, several more bank holidays are scheduled throughout the month. These dates include:
- April 12: Second Saturday
- April 14: Ambedkar Jayanti/Vishu/Biju/Buisu Festival/Maha Vishuva Sankranti/Tamil New Year’s Day/Bohag Bihu/Cheiraoba
- April 18: Good Friday
- April 21: Garia Puja (observed in Tripura)
- April 29: Bhagvan Shri Parshuram Jayanti
- April 30: Basava Jayanti/Akshaya Tritiya
Despite these days being designated as holidays, customers may continue to perform online financial transactions without interruption.
Conclusion
As you plan your banking needs, be sure to check the specific holiday schedules for your local area. Understanding these closures can help you avoid delays and ensure timely management of your financial matters.
Stay informed and celebrate the cultural significance of Mahavir Jayanti safely and peacefully.
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