Bank Holiday Alert! Are Banks Closed On July 10 For Guru Purnima? Find Out Here

Today is Guru Purnima, a day dedicated to honouring teachers in India. However, banks will remain open as it is not a listed holiday this year. Typically, banks across the country, including the State Bank of India (SBI), observe holidays on the second and fourth Saturdays and all Sundays. In July, there are seven designated bank holidays.

The Reserve Bank of India (RBI) and state governments compile a list of bank holidays considering national and local events, operational needs, religious festivals, and cultural observances. This information is shared via the central bank's official website and notifications to financial institutions.

Guru Purnima: A Day of Reverence

Guru Purnima is celebrated in India to honour spiritual guides and academic mentors. It underscores gratitude, reverence, wisdom, and knowledge. According to the Hindu lunar calendar, this festival falls on the full moon day (Purnima) in Ashadha (June-July). The day commemorates Maharishi Veda Vyasa's birth, who compiled the Mahabharata and is revered as a great spiritual teacher.

This festival also holds significance in Buddhism and Jainism. Buddhists commemorate Lord Buddha's first sermon at Sarnath after enlightenment on this day. Jains pay respects to Lord Mahavira and his chief disciple Gautam Swami during Guru Purnima.

July 2025 Bank Holidays: State-Specific Observances

On July 3rd, banks in Agartala will close for Kharchi Puja, a Hindu festival in Tripura dedicated to fourteen deities known as Chaturdasha Devata. On July 5th, banks in Jammu and Srinagar will be shut for Guru Hargobind's Birthday, marking the sixth Sikh Guru's birth anniversary.

Banks across India will remain closed on July 6th for Sunday. The second Saturday closure falls on July 12th. On July 14th, Shillong banks will close for Beh Deinkhlam, celebrated by Meghalaya's Jaintia tribe.

In Dehradun, banks will be closed on July 16th for Harela, a festival observed in Uttarakhand's Kumaon region and parts of Himachal Pradesh. On July 17th, Shillong banks mark U Tirot Singh's death anniversary with closures.

Additional Closures in July

Agartala banks will close again on July 19th for Ker Puja, honouring Tripura's guardian deity Ker. The fourth Saturday closure occurs on July 26th across India. Banks nationwide will also be closed on Sunday, July 27th.

On July 28th, Gangtok banks observe Drukpa Tshe-zi by closing for this Buddhist festival marking Lord Buddha's first sermon according to the Tibetan lunar calendar.

The list of bank holidays reflects India's diverse cultural tapestry. Each holiday honours unique traditions and religious beliefs across various regions. These observances highlight India's rich heritage while ensuring operational efficiency within banking institutions nationwide.