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Bank Holidays In May 2024: Branches To Remain Closed For 14 Days, Check State-Wise Holiday List

Bank Holidays In May: During these holidays, the banks will close their physical branches, however, digital banking services will remain fully functional

Bank Holidays in May 2024: During the month of May, banks are scheduled to remain closed for a total of 14 days due to both national and regional holidays. 

Customers should prioritise and schedule their bank related errands and appointments in the month keeping in mind the bank holidays. The full list of these holidays is given below. The banks finalise these holidays on the basis of festivals, region-based celebrations, along with general weekend holidays. 

The general weekend offs are applicable across all banks and branches in the country. The bank holidays overall include festivals, national holidays, weekend leaves such as second and fourth Saturday, and all Sundays. 

In May, bank employees in Srinagar will enjoy a long weekend owing to the second Saturday, Sunday, and Lok Sabha elections leave. 

Date

Day

Holiday

Regions

May 1,

2024

Wednesday

 

Maharashtra Din/May Day (Labour Day)

Belapur, Bengaluru, Chennai, Guwahati, Hyderabad - Andhra Pradesh and Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram

May 

5, 2024

Sunday

 

Weekend Holiday

All Over India

May 

7, 2024

Tuesday

 

Lok Sabha General Elections 2024

Ahmedabad, Bhopal, Panaji, and Raipur

 

May

8, 2024

 

Wednesday

 

Birthday of Rabindranath Tagore

Kolkata

May  

10, 2024

Friday

 

Basava Jayanti/Akshaya Tritiya

Bengaluru

 

May 

11, 2024

 

Saturday

 

Second Saturday

All Over India

May

12,  2024

 

Sunday

 

Weekend Holiday

All Over India 

May

13, 2024

 

Monday

 

Lok Sabha General Elections 2024

Srinagar

May 

16, 2024

 

Thursday

 

State Day

 

Gangtok

 

May

19, 2024

 

Sunday

 

Weekend Holiday

 

All Over India

 

May

20, 2024

Monday

 

Lok Sabha General Elections 2024

Belapur and Mumbai

 

May 

23, 2024

Thursday Buddha Pournima

Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar

May

25, 2024

Saturday

Nazrul Jayanti/Lok Sabha General Elections 2024, and Fourth Saturday

Agartala, Bhubaneswar, and All Over India

May

26, 2024

Sunday

Weekend Holiday

All Over India

During these holidays, the banks will close their physical branches, however, digital banking services will remain fully functional. Customers can utilise facilities like mobile banking, UPI, internet banking, etc, to complete their financial errands. Any disruption in these services and changes in the bank schedule will be informed in advance to all the customers. 

In India, bank holidays are listed under the State Government, Central Government, and Union Territories Act of 1881. The Reserve Bank of India (RBI), publishes the  bank holiday calendar for the full year, and this calendar is followed by all the banks across India.

Also Read : What Is Inheritance Tax? How It Worked And Why India Abolished It In 1985? Explained

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