Government, semi-government and autonomous institute buildings are decorated with lights marking the festival.
Bangladesh Television, Bangladesh Betar and private television channels are broadcasting special programs on the occasion.
Special meals will also be served in hospitals, orphanages, jails and child care centres.
After offering Eid prayers, Muslims will sacrifice animals to seek the blessings of Almighty Allah.
The practice of Qurbani is reminiscent of the supreme devotion of Hazrat Ibrahim (AS), who was ready to sacrifice his beloved son Hazrat Ismail (AS) following the order of Allah.
Later, Almighty Allah replaced Ismail (a.s.) with a sacrificial animal, which symbolized the spirit of faith and sacrifice.
Eid-ul-Azha also has a deep connection with the holy Hajj. Eid is being celebrated in Saudi Arabia today as Haj pilgrims have already performed the major rituals in Arafat, Muzdalifah and Mina.