Bengaluru Bank Holiday: Are banks open or closed for Basava Jayanti and Akshaya Tritiya?
Banks in Bengaluru are closed today, April 30, for Basava Jayanti and Akshaya Tritiya. Several cities, including Mumbai and Kolkata, will also see closures on May 1 for Maharashtra Day and Labour Day.
)
11:29 AM IST
Bengaluru Bank Holiday: Banks across Bengaluru and other parts of Karnataka will remain closed today, April 30, on account of Basava Jayanti and Akshaya Tritiya. According to the Reserve Bank of India (RBI) holiday calendar, both festivals are recognised as official bank holidays in the state.
Basava Jayanti commemorates the birth of Basavanna, a 12th-century philosopher, poet, and social reformer revered particularly by the Lingayat community. The day holds cultural and religious significance in Karnataka. Simultaneously, Akshaya Tritiya, an auspicious Hindu festival, is being celebrated. Falling on the third day of the Vaishakha month, Akshaya Tritiya is believed to be a highly favourable day for starting new ventures and making investments, especially purchasing gold, as it is associated with lasting prosperity.
Banks to remain closed in multiple cities on May 1
Banks in several major cities, including Bengaluru, Mumbai, Kolkata, and Patna, will also be closed on May 1. The holiday marks both Maharashtra Day, celebrating the formation of the state of Maharashtra in 1960, and International Labour Day, which honours the contributions of workers worldwide.
April witnesses multiple bank holidays
April has been marked by several bank holidays due to regional festivals and regular weekend breaks. Banks were closed on April 26 for the fourth Saturday, a non-working day as per RBI norms, followed by the regular Sunday holiday on April 27. Additionally, banks in Shimla observed a holiday on April 29 for Parshuram Jayanti, celebrated in certain states.
Advisory for bank customers
As bank holidays differ across states based on local and national events, customers are advised to verify the holiday schedule with their respective branches. Banks also remain closed on the second and fourth Saturdays and all Sundays. For the latest updates on bank operations and holidays, customers can refer to the official RBI website and notifications issued by individual banks.
Bank Holidays in April 2025
Banks across different regions observed several holidays in April 2025, apart from regular weekend closures:
- April 1 (Tuesday) – Yearly account closing and Sarhul in Jharkhand
- April 5 (Saturday) – Babu Jagjivan Ram’s Birthday
- April 10 (Thursday) – Mahavir Jayanti
- April 14 (Monday) – Ambedkar Jayanti and regional New Year celebrations (Vishu, Bihu, Tamil New Year, etc.)
- April 15 (Tuesday) – Bengali New Year, Himachal Day, and Bohag Bihu
- April 18 (Friday) – Good Friday
- April 21 (Monday) – Garia Puja in Tripura
- April 29 (Tuesday) – Bhagwan Shri Parshuram Jayanti
- April 30 (Wednesday) – Basava Jayanti
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
SIP Calculation: Rs 14,000/month investment, how quickly can you generate over Rs 13 crore corpus? See calculations
)
Rs 13,00,000 One-time Investment in Mutual Funds: How many years will it take to create a Rs 3 crore- Rs 6 crore corpus at a given rate?
)
Gratuity Calculation: What will be your gratuity for Rs 55,000, Rs 75,000, and Rs 95,000 last-drawn salary after 9 years and 4 months of service?
)
Monthly Income from One-time Investment: How your Rs 15,75,000 lump sum investment can generate Rs 2,74,500/month payout for 30 years
)
From Viral Fame to Police Warning: How this Mumbai auto driver went from earning lakhs to back on the road
)
Shares to Buy: Analysts recommend largecap, midcap stocks for short-term gains; Hyundai Motor, RBL Bank on the list
)
8th Pay Commission Pension Calculations: How your Rs 20,200, Rs 25,250, Rs 34,000, and Rs 44,200 basic pension can be revised at 2.10-2.50 fitment factors (detailed charts)
11:29 AM IST