Bank Holiday On April 30: Banks To Remain Shut In This State For Akshaya Tritiya And Basava Jayanti

Public and private sector banks in Karnataka will remain closed on Wednesday, April 30, on account of Basava Jayanti.

Basava Jayanti is celebrated by Lingayats in the state and marks the birth anniversary of philosopher and poet Basaveshwara

In addition, Akshaya Tritiya also coincides with Basava Jayanti. Observed as an auspicious occasion for wealth and prosperity, Akshaya Tritiya is also a public holiday in many states.

Customers are advised to plan their visit to banks, or any financial transactions on the day, accordingly, to avoid any disruptions.

Although brick-and-mortar bank branches in Karnataka and several other states will be closed on April 30, digital banking services such as UPI, internet banking and ATM facilities will continue to function. Customers are still advised to confirm details with their respective local branches if they plan any in-person banking activity on the date.

Basava Jayanti commemorates the birth of Basavanna, a revered 12th-century philosopher, poet and social reformer. Recognised as the founder of the Lingayat faith, Basavanna is remembered for his teachings that promoted social equality, denounced caste discrimination and advocated for human rights.

The festival is mainly observed in Karnataka and Andhra Pradesh, regions where his influence remains deeply rooted. The day is marked by various religious and cultural events, including the recitation of Basavanna’s vachanas (poetic verses), public processions and special prayers.

Akshaya Tritiya is regarded as one of the most sacred days in both Hindu and Jain traditions. Falling on the third lunar day (tithi) of the Shukla Paksha of the Vaishakha month, the day is associated with prosperity. According to belief, any virtuous deed or investment made on this day yields everlasting benefits. Also known as Akti or Akha Teej, Akshaya Tritiya is traditionally seen as a favourable time to buy gold, symbolising wealth and financial stability.

The month of April 2025 featured up to 11 weekday bank holidays across various Indian states. Among the major observances were Good Friday and Dr Babasaheb Ambedkar Jayanti, both of which were recognised as public holidays in most parts of the country.

Other state-specific holidays were observed in line with regional calendars. In addition, all banks across India remained closed on the second and fourth Saturdays of the month, in accordance with RBI guidelines.