Buddha Purnima holiday 2025: Are banks, stock market open or closed tomorrow, May 12? Check details are
Buddha Purnima holiday 2025: Buddha Purnima 2025 is falling on Monday, May 12, and many people are wondering whether it will be a bank holiday or a stock market holiday. Since Buddha Purnima is an important religious festival in India, it usually leads to closures in various sectors. If you're planning any banking or trading activities, here's what you need to know about the Buddha Purnima holiday, including which services will remain open and which won't.
Are banks closed on May 12, 2025?
Banks in many parts of the country will remain closed on Monday, May 12, in observance of Buddha Purnima, which celebrates the birth of Lord Buddha the founder of Buddhism, who was born in 623 BC in Lumbini, Nepal. As per the RBI's official bank holiday calendar, this day is recognised as a public holiday in multiple regions. Therefore, major banks such as SBI, HDFC Bank, ICICI Bank, PNB, and Bank of Baroda will not operate their physical branches in those states.
States where banks will remain closed on Buddha Purnima
The Buddha Purnima bank holiday applies to the following cities and states:
Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, Srinagar
If you're residing in any of these areas, make sure to complete your banking activities beforehand.
Regular weekly bank holidays in May 2025
Besides Buddha Purnima, banks in India will also remain closed on their weekly offs:
All Sundays: May 4, 11, 18, and 25
Second Saturday: May 10
Fourth Saturday: May 24
Plan your banking needs accordingly to avoid last-minute issues.
Other Bank Holidays in May 2025
Here are additional bank holidays in the month of May:
May 16 (Friday) – State Day: Banks closed in Gangtok
May 26 (Monday) – Kazi Nazrul Islam's Birthday: Banks closed in Agartala
May 29 (Thursday) – Maharana Pratap Jayanti: Banks closed in Shimla
Will Online Banking Services Work on Buddha Purnima?
Yes, even though it's a bank holiday, online banking services such as UPI, IMPS, net banking, and mobile apps will remain functional. Customers can continue to transfer funds, pay bills, or check balances online. However, branch-related work like cash deposits, withdrawals, or cheque clearances will not be possible on May 12. So, try to complete such tasks before the holiday.
Is Buddha Purnima a Stock Market Holiday in 2025?
No, Buddha Purnima is not a stock market holiday in 2025. Both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) will function normally on Monday, May 12. Trading activity will go on as usual, even though it's a public holiday for banks in several regions.
As per the BSE holiday calendar, the only stock market holiday in May was Maharashtra Day on May 1. There will be no further stock market holidays in May 2025.
Upcoming Stock Market Holidays in 2025
Looking ahead, here are the upcoming stock market holidays later this year:
15 August 2025 (Friday) – Independence Day
27 August 2025 (Wednesday) – Ganesh Chaturthi
Investors and traders are advised to keep track of these dates to avoid trading disruptions.
To sum up, Buddha Purnima on May 12, 2025, will be a bank holiday in many Indian states, but not a stock market holiday. If you have branch-related banking work, you'll need to wait till the next working day. However, you can still access online banking and continue stock market trading without any issues. Stay updated with the RBI and BSE calendars to plan your finances efficiently.
For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
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