As per the list of holidays released by the Reserve Bank of India (RBI), banks in the country will remain closed for a total of 14 days in the month of May.
These bank holidays include public holidays, regional holidays, and regular closures on second and fourth Saturdays and all Sundays. In the case of state-specific festivals, the banks will remain shut only in concerned states.
The complete list of national and regional holidays for May 2024:
May 1 (Wednesday): Maharashtra Din/May Day (Labour Day) – Banks will be closed in Belapur, Bengaluru, Chennai, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram
May 5 (Sunday): Weekend – Banks closed in all States
May 7 (Tuesday): Lok Sabha General Elections 2024 – Banks to remain closed in Ahmedabad, Bhopal, Panaji, Raipur
May 8 (Wednesday): Birthday of Rabindranath Tagore – Banks closed in Kolkata
May 10 (Friday): Basava Jayanti/Akshaya Tritiya – Banks closed in Bengaluru
May 12 (Sunday): Weekend – Banks closed in all States
May 13 (Monday): Lok Sabha General Elections 2024 – Banks will be closed in Srinagar
May 16 (Thursday): State Day – Banks closed in Gangtok
May 19 (Sunday): Weekend – Banks closed in all States
May 20 (Monday): Lok Sabha General Elections 2024 – Banks to be closed in Belapur and Lucknow
May 23 (Thursday): Buddha Pournima – Banks will be shut in Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar
May 25 (Saturday): Nazrul Jayanti/Lok Sabha General Elections 2024 – Banks to remain closed in Agartala and Bhubaneswar
May 26 (Sunday): Weekend – Banks closed in all States
It is advised that you plan your bank-related work accordingly. It must be noted that facilities like online banking and UPI will not be affected during these holidays despite the branches being shut.
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