Bank Holidays 2025: The festival of Mahavir Jayanti is just around the corner, and imany states across the country have already declared it apublic holiday and dry day Mahavir Jayanti, a popular festival in Jainism, is celebrated all over India. Government offices, institutions ,and schools will be closed , too. What about banks,? Are they closed as well? And when is Mahavir Jayanti?
Bank Holidays 2025:
India's central bank RBI decides all the holidays for Indian banks whether they are public, private or regional banks. In April, the bank holidays are listed under the Negotiable Instruments Act and Closing of Accounts.
That being said, as per RBI's list of holidays, banks will be closed on April 10 due to the celebration of Mahavir Jayanti. However, bank branches will be opened in a few cities.
According to the central bank's list, banks will be closed this Thursday in cities such as Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, and Ranchi.
But, Banks will be opened in cities like Agartala, Bhubaneswar, Chandigarh, Dehradun, Gangtok, Guwahati, Andhra Pradesh, Telangana, Imphal, Itanagar, Jammu, Kochi, Kohima, Panaji, Patna, Shillong, Shimla, Srinagar, and Thiruvananthapuram.
All About Mahavir Jayanti:
Mahavir Jayanti is also popularly referred to as Mahavira Janma Kalyanaka, which is celebrated as the birth of their supreme preacher Mahavira, by Jains across the country. Mahavira is the 24th and last Tīrthankara of the current Avasarpini.
The idol of Mahavira is carried out on a chariot, in a procession called rath yatra. On the way, stavans (religious rhymes) are recited. Statues of Mahavira are given a ceremonial anointment called the abhisheka. During the day, most members of the Jain community engage in some sort of charitable act, prayers, pujas, and vratas. Many devotees visit temples dedicated to Mahavira to meditate and offer prayers. Lectures by monks and nuns are held in temples to preach the path of virtue as defined by Jainism. Donations are collected in order to promote charitable missions like saving cows from slaughter or helping to feed poor people. Ancient Jain temples across India typically see an extremely high volume of practitioners come to pay their respects and join in the celebrations. Ahimsa runs and rallies preaching Mahavira's message of Ahinsa (non-violence) are taken out on this day, as per Wikipedia.
Mahavir Jayanti 2025 Dates and Time
Mahavir Jayanti Tithi will begin at 10:55 PM of April 9, and will end on 1 AM of April 11. The full-day celebration will be held on April 10.
Since banks will be closed in India on April 10th, the second Saturday of the month, payment systems will not be operated onsecond and fourth Saturdays but would operate for full day on working Saturdays. Payment systems typically includes Real Time Gross Settlement (RTGS), National Electronic Fund Transfer (NEFT), Cheque Clearing operated by various Bankers' Clearing Houses in the country including the grid based Cheque Truncation System (CTS) and ECS suite [Electronic Clearing Service (ECS), Regional Electronic Clearing Service (RECS) and National Electronic Clearing Service (NECS)].
However, all ATMs will be accessible across India.