During the month of May, the banks will not function for eight days at different places.
Bank Holidays: The Reserve Bank of India (RBI) has issued a holiday list for banks and for the month of May, banks will be closed for 14 days due to various occasions.
To facilitate your bank-related activities, we share with you the dates when the banks will be closed during the month of May so that you can carry out your undertakings by planning well in advance.
During the month of May, the banks will not function for eight days at different places. Apart from these, banks will also remain closed on 4 Sundays and 2 Saturdays.
Bank Holidays In May
Banks will remain closed in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Trivandrum on May 1 due to Maharashtra Day/May Day. At the same time, due to voting for Lok Sabha elections, banks will remain closed in some states for 3 days in May.
Maharashtra Din/May Day (Labour Day), Lok Sabha General Elections 2024, Birthday of Rabindranath Tagore, Basava Jayanti/Akshaya Tritiya, Lok Sabha General Elections 2024, State Day, Buddha Pournima and Nazrul Jayanti.
May 1: May Day (Wednesday) Banks are closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Manipur, Kerala, Bengal, Goa, Bihar.
May 7: Lok Sabha Elections 2024 (Tuesday) Gujarat, Madhya Pradesh, and Goa.
May 8: Birthday of Rabindranath Tagore (Wednesday) Banks are closed in Bengal.
May 10: Basava Jayanti/Akshaya Tritiya Banks are closed in Karnataka.
May 13: Lok Sabha Elections 2024 (Tuesday) Srinagar
May 16: State Day (Thursday) Banks closed in Sikkim.
May 20: Lok Sabha Elections 2024 (Monday) Banks closed in Maharashtra.
May 23: Buddha Pournima (Thursday) Banks are closed in Tripura, Mizoram, Madhya Pradesh, Chandigarh, Uttar Pradesh, Arunachal Pradesh, Jammu, Lucknow, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, Srinagar.
May 25: Nazrul Jayanti/Lok Sabha General Elections 2024(fourth Saturday) Banks are closed in Tripura, Orissa.
Online Banking
You can transact money or do other work through online banking and ATMs on bank holidays.
While the banks will remain closed on these days, the internet and mobile banking will work as usual and customers will be able to make online transactions easily.
Customers are advised to visit their respective bank branches to know about the working days of the banks in their regions.
PS: In the case of a month with five Saturdays, the fifth Saturday will be a working day.
Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of December 2020. However, readers are advised to verify with their local branches to corroborate the same.