Due to Guru Nanak Jayanti, banks are closed in many cities today. According to the RBI list, the holiday is observed only in selected states, while banks will remain open in other cities. The stock market is also completely closed today.
Today Bank Holiday: Guru Nanak Jayanti is being celebrated with great fervor across the country today. This is a major festival for the Sikh community, and on this occasion, government and private institutions in many states across the country observe a holiday. Today, schools, colleges, many government offices, as well as the country's major stock exchanges, are closed. Banks will also remain closed in several cities. However, it's not a bank holiday everywhere. Therefore, it's important to know whether your city is included in this holiday list.
Guru Nanak Jayanti: Why is this festival celebrated?
Guru Nanak Jayanti is celebrated as the birth anniversary of Guru Nanak Dev Ji, the founder and first Guru of Sikhism. His teachings are based on equality, compassion, truth, devotion to one God, and service to humanity.
This festival is celebrated on the day of Kartik Purnima, so its date changes every year. In 2025, this day falls on November 5, and in many parts of the country, it is being celebrated today as Prakash Parv (Festival of Light).
Are Banks Closed Today? Which cities have a holiday?
The Reserve Bank of India (RBI) has clarified in its holiday list that banks will not be closed in all cities; rather, the bank holiday is applicable only in a few selected states and cities.
The cities where banks will be closed today, November 5, include:
Aizawl. Bhopal. Belapur. Bhubaneswar. Chandigarh. Dehradun. Hyderabad. Itanagar. Jaipur. Kanpur. Jammu. Kohima. Lucknow. Kolkata. Mumbai. Nagpur. New Delhi. Raipur. Ranchi. Shimla. Srinagar.
- In these cities, all government and private bank branches will remain closed today.
- In other cities, banks will be open as usual, and all services will be available.
Stock Market Also Closed Today
Due to Guru Nanak Jayanti, trading is closed for the entire day today at NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Equity. Derivatives. Currency Market. Securities Lending and Borrowing. Electronic Gold Receipts.
- No transactions will take place in any segment today.
- This is the only trading holiday in November.
Upcoming Bank Holidays (in simple language, without a table)
Bank holidays in November vary state-wise. Some holidays are based only on regional festivals, while others are applicable nationwide.
- On November 7, banks will be closed in Shillong, Meghalaya, due to the Wangala Festival.
- On November 8, banks will be closed nationwide due to Kanak Das Jayanti, which also marks the second Saturday of the month.
- On November 9, banks will be closed nationwide as it is a Sunday.
- On November 11, banks will be closed in Sikkim due to Lhabab Duchen.
- On November 16, banks will be closed nationwide as it is a Sunday.
- On November 22, banks will be closed nationwide as it is the fourth Saturday.
- On November 23 and November 30, banks will be closed nationwide as both are Sundays.
Therefore, November is a month with many banking holidays.
How to manage banking tasks if banks are closed today
- Even if banks are closed in your city today, online banking services are available 24x7.
- You can use UPI, Net Banking, Mobile Banking, and ATM Services.
You can easily perform the following tasks from home today:
- Sending money
- Bill payments
- Retrieving account statements
- Requesting a chequebook or debit card
- Transactions related to mutual funds or fixed deposits
If you need cash, you can withdraw it from an ATM.
In metro cities, 3 ATM transactions are free every month.
What to do if you planned to visit the bank today
If you had planned to carry out tasks such as government document processing, passbook updates, demand drafts, or cheque clearance today, these will now need to be done on the next working day.
Please note:
- Cheque deposits will not be possible today.
- RTGS, NEFT scheduled transfers will be processed on the next business day.
- Therefore, it is better to plan ahead by keeping the bank holiday list in mind.
