Diwali Holiday 2025: Deepawali, Dhanteras Govardhan Puja
Author Updated on Apr 12, 2025
Diwali, a festival celebrated in India, symbolizes the victory of good over evil. It is celebrated by a majority of people in India and hence is declared as a bank holiday. In this blog, we will go over the significance of Diwali. We will also discuss what this means for planning financial activities as banks remain closed countrywide during the celebration of this event.
Read till the end of the blog to find out how you can enjoy banking services even during the Diwali holiday with Stable Money!
What Is the Significance of Diwali?
Diwali is considered to be one of the most auspicious holidays in the country of India. This occasion is primarily celebrated by Hindus. The word ‘Diwali’ is derived from the Sanskrit word ‘Deepavali’. It refers to ‘rows of lighted lamps’. This is the reason why Hindus celebrate the event by decorating their homes with lanterns and lights. It is why the occasion is also often called ‘the festival of lights’. There’s also a Diwali holiday that is observed on this day.
What Is the Origin of Diwali?
The roots of the Hindu Festival Diwali can be traced to the original texts of Sanskrit. While the generalized theme of the celebration stands for the victory of good over evil, the origin story vastly differs from region to region. In the region of Southern India, the holiday of Diwali signifies the defeat of the monster Narakasura by Lord Krishna. While, in Northern India, people celebrate Diwali to commemorate the return of Lord Rama after defeating Ravana.
Get our Stable Money app today to get higher interest returns on FD of up to 9.5%!
When Is Diwali in 2025?
The celebration of Diwali this year (2025) is going to be held on 20th October. What does this mean for banks? The occasion of Diwali is considered to be a bank holiday for the majority of the banks in India. This means that banking activities are not going to be held on this day. Hence, you need to plan your financial activities accordingly beforehand.
With the Stable Money platform, you can avail investment instruments such as fixed deposits and bonds even during the Deepawali holiday!
How Is Diwali Observed in India?
Diwali is celebrated for a total of 5-6 days. The total number of days that it is celebrated depends on the region of India. Let’s first find out how this particular holiday is observed in India:
- Day 1
The first day honours the birth of the medicine god, known by the name of Lord Dhavantri. On this day, people clean up their homes and buy new items. It is believed that this brings about good fortune.
- Day 2
The second day is also known as Naraka Chaturdashi and honours Lord Krishna. His defeat of Narakasura is celebrated on this day. People celebrate him by waking up early and applying aromatic oils to cleanse their bad deeds.
- Day 3
This is the main day of the Diwali festival, which celebrates the return of Lord Rama when he returned from exile. People light up their homes to commemorate his return.
- Day 4
The fourth day is celebrated again in the name of Lord Krishna and how he lifted the Govardhan mountain to save his people from the wrath of Lord Indra.
- Day 5
The fifth day celebrates the brother-sister bond between Lord Yama and his sister Yami. On that day, the brothers prepare a meal and invite their sisters for a lavish meal.
Pujas Performed During Diwali
Here is a list of pujas that get performed during the occasion of Diwali:
- Dhanteras
During the Dhanteras puja, people worship Lord Kuber and Goddess Laxmi. It is also considered to be auspicious if someone purchases gold during this time.
- Choti Diwali
Choti Diwali is celebrated on the second day of the Diwali holiday and is mainly in the Southern parts of India. It is believed that on this day Lord Krishna defeats Naraksura.
- Govardhan Puja
Govardhan puja is the 4th day of Diwali holiday. This is a day dedicated to worshipping Lord Krishna. People believe that on this day Lord Krishna lifted Govardhan mountain to protect the people of Mathura from the wrath of Lord Indra.
Final Word
Now you do not have to worry about not being able to avail FD investment during bank holidays. Whether it be during the Diwali holiday or any other holiday for that matter, the Stable Money platform provides you with banking services 24x7.
By downloading our app, you can conduct important transactions during festivals and event holidays. In addition, we have a dedicated customer support team who are always here to provide you assistance, if you face any kind of issues. So what are you waiting for? Download our Stable Money app today!
Frequently Asked Questions
About the Author
Open your FD now with Shivalik Bank for up to 8.3% interest

Shivalik SF Bank
Investment amount
₹1,00,000
Compounding
Quarterly
- FD rate applicable
- 7.8%
- FD tenure
- 1Y 10M
- Maturity amount
- ₹0
- Interest earned
₹0

