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Bank holiday update: In a significant turn of events banks across most Indian states of India will remain closed on Wednesday November 5 to mark Guru Nanak Jayanti and Kartik Purnima two important religious occasions celebrated across the country. According to India’s holiday calendar issued by Reserve Bank of  India both government and private bank branches including rural banks will remain closed for the day. However readers should take a note that the essential banking services such as online banking ATMs and mobile transactions will continue to function as usual ensuring uninterrupted access to basic banking needs. Here are all the details you need to know about the Bank holiday on November 5. Will banks remain closed on Wednesday 5th November? For those unversed Guru Nanak Jayanti also known as Gurpurab commemorates the birth anniversary of Guru Nanak Dev Ji the first Guru and founder of Sikhism. Marked by prayers kirtans and community feasts in gurudwaras across the states like Punjab Delhi Haryana Uttar Pradesh Rajasthan and Uttarakhand where festive processions and spiritual gatherings add to the religious fervour and Guru Nanak Jayanti is celebrated with immense devotion. Therefore major cuties like Aizawl Belapur Bhopal Bhubaneswar Chandigarh Dehradun Hyderabad Itanagar Jaipur Jammu Kanpur Kohima Kolkata Lucknow Mumbai Nagpur New Delhi Raipur Ranchi Shimla and Srinagar will have bank holidays on 5th November. Kartik Purnima bank holidays Alongside Kartik Purnima observed on the full moon day of the Hindu month of Kartik holds deep spiritual significance for devotees who perform rituals take holy dips in rivers and offer prayers. Therefore with both festivals coinciding this year it is expected that widespread celebrations and large gatherings at temples and gurudwaras will be witnessed many states of India. While physical bank branches will remain closed customers are advised to complete any urgent transactions in advance and rely on digital banking facilities during the holiday.