NEW DELHI – Many banks across India are closed today, September 5, 2025, in accordance with the official holiday schedule announced by the Reserve Bank of India (RBI). This closure coincides with two major religious and cultural events: Milad-un-Nabi and Thiruvonam (Onam).
Milad-un-Nabi, also known as Eid-e-Milad, marks the birth anniversary of Prophet Mohammed. The observance is held in different states across India, although the exact date of celebration may vary depending on local customs.
At the same time, the state of Kerala is celebrating Thiruvonam, the most important day of the ten-day Onam festival, one of the region’s biggest harvest celebrations. Thiruvonam is especially significant as it symbolizes the annual return of the legendary King Mahabali, a beloved figure in Kerala’s cultural heritage.
Due to India’s rich diversity of culture and religion, bank holidays are not uniform nationwide and often vary from state to state. For instance, in Maharashtra, the government has postponed the Eid-e-Milad holiday in Mumbai and its suburban districts from September 5 to September 8, 2025, following the local Muslim community’s decision to hold a procession on that date.
While physical bank branches remain closed in several states, digital banking services such as Internet Banking, Mobile Banking, and ATMs continue to operate as usual, ensuring that customers can still carry out essential transactions without disruption.
Financial experts advise customers to plan their in-person transactions on the next working days and to make full use of online banking channels to keep business and personal activities running smoothly.
