Eid in Saudi Arabia 2025: Bank Holidays Announced
Key dates include March 27 and 28 for bank closures in Jammu and Kashmir, with March 31 marking Eid-ul-Fitr and the end of the financial year, ensuring a smooth transition into the new financial year.
Eid-ul-Fitr 2025 is set to be observed on March 31, marking the end of Ramadan, with Jumat-ul-Vida, the last Friday of Ramadan, falling on March 28, and banks in Jammu and Kashmir will be closed on specific days to observe these significant Islamic events.
Banks in the region will be closed on March 27 to commemorate Shab-e-Qadr and on March 28 for Jumat-ul-Vida, allowing employees to participate in religious observances. However, to minimize disruptions, banks will operate as usual on March 29, despite it being the fifth Saturday of the month.
Initially, the Reserve Bank of India (RBI) had declared March 31 a bank holiday, but this decision was later reversed as it coincides with the last day of the financial year 2024-25. To ensure continuity of financial services, banks will remain open on this day, facilitating year-end transactions and other financial activities.
Customers can continue to access essential banking services, including net banking, UPI transactions, mobile banking apps, and ATM services, without interruptions, even when physical branches are closed. This ensures that financial transactions and other banking needs can be met seamlessly during the Eid-ul-Fitr celebrations.
As the Islamic community prepares to observe Eid-ul-Fitr, these bank holiday announcements aim to balance religious observances with the need for uninterrupted financial services, reflecting the diverse needs of the community during this significant period.