
Banks in several Indian cities will remain closed on Friday, September 5, 2025, in observance of Milad-un-Nabi (Eid-e-Milad) and Thiruvonam, as per the state-wise holiday calendar of the Reserve Bank of India (RBI).
However, in Mumbai, the holiday originally scheduled for September 5 has been rescheduled to September 8, following RBI notification. The change was made after the Muslim community decided to hold the procession on September 8, and RBI informed customers about this update on September 3.
Why Banks Close on Holidays
Bank holidays are specified in the annual holiday calendar issued by the RBI under the Negotiable Instruments Act, which regulates the issuance of cheques and promissory notes. On these holidays, transactions involving these instruments are not allowed.
Eid-e-Milad and Thiruvonam Observance
Eid-e-Milad (Milad-un-Nabi) celebrates the birth of Prophet Muhammad, the revered founder of Islam. It is observed on 12th Rabi al-awwal by Sunnis and 17th Rabi al-awwal by Shi’as.
Meanwhile, Thiruvonam marks the final and most significant day of the Onam festival, celebrated with great enthusiasm in Kerala.
These holidays are being observed in cities including Ahmedabad, Bengaluru, Bhopal, Aizawl, Belapur, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, New Delhi, Nagpur, Raipur, Ranchi, Thiruvananthapuram, Srinagar, and Vijayawada.
Regular Bank Closures
Banks across India are also closed on all Sundays and on the second and fourth Saturdays of every month.
Stay informed about bank holidays to plan your transactions accordingly.