Bank Holiday Today: Are Banks Closed On May 24? Check Here

Customers can verify bank holiday schedules by visiting the official RBI website or referring to notifications issued by their respective banks

The closure on May 24 is classified as a holiday under the Negotiable Instruments Act

Source : ABPLIVE AI

Bank Holiday Today: As per the official holiday schedule released by the Reserve Bank of India (RBI), all scheduled banks across the country will remain closed on Saturday, May 24, 2025. This date marks the fourth Saturday of the month, a day when banks routinely observe a holiday under the RBI’s guidelines for weekend operations.

Why Are Banks Closed Today?

As per RBI guidelines, banks in India remain closed on the second and fourth Saturdays of each month, while they continue regular operations on the first and third Saturdays. Since May 24 falls on the fourth Saturday, bank branches will not be open for in-person services.

Type Of Holiday

The closure on May 24 is classified as a holiday under the Negotiable Instruments Act, which governs instruments like cheques and promissory notes. Consequently, related over-the-counter banking services will not be available today.

Online Services Remain Available

While physical branches are shut, all major digital banking services—including net banking, mobile banking, and UPI—remain operational. Customers can continue to perform fund transfers via NEFT and RTGS, access card-related services, and submit online requests for chequebooks, account updates, and locker applications.

Where To Check Bank Holidays

Customers can verify bank holiday schedules by visiting the official RBI website or referring to notifications issued by their respective banks.

Bank Holidays In May 2025: Full List

The RBI has declared the following bank holidays for the month of May 2025, in addition to regular weekend closures:

• May 1 (Thursday) – Maharashtra Day / Labour Day
  
• May 9 (Friday) – Birthday of Rabindranath Tagore
  
• May 12 (Monday) – Buddha Purnima
  
• May 16 (Friday) – State Day
  
• May 24 (Saturday) – Fourth Saturday
  
• May 26 (Monday) – Birthday of Kazi Nazrul Islam
  
• May 29 (Thursday) – Maharana Pratap Jayanti
  

Bank customers are advised to plan their in-branch banking activities around these dates to avoid inconvenience.