Bank Holidays May 2024: Big news! Banks will remain closed for 12 days in May, check RBI holidays list

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Bank Holidays May 2024: Only a few days are left for the month of May. According to the list of holidays released by the Reserve Bank of India (RBI), banks will remain closed for 12 days in May 2024. This includes all Sundays except the second and fourth Saturdays.

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Bank Holidays May 2024: Only a few days are left for the month of May. According to the list of holidays released by the Reserve Bank of India (RBI), banks will remain closed for 12 days in May 2024. This includes all Sundays except second and fourth Saturdays. Apart from this, banks will remain closed in some states due to Lok Sabha elections. There are many festivals in May like Rabindranath Tagore’s birth anniversary, Nazrul Jayanti, Akshaya Tritiya due to which banks will not function. Banks will not be closed simultaneously in all states. Internet banking services will continue to be available during holidays.

List of states which will remain closed on these holidays.

1 May: Maharashtra Day/May Day (Labor Day).

Banks in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram will remain closed due to Maharashtra Day/May Day holiday.

May 5: Sunday

Due to 5th May being Sunday, all banks will remain closed.

8 May: Birth anniversary of Rabindranath Tagore (Rabindra Jayanti)

All banks of Kolkata will remain closed on the occasion of Rabindra Jayanti on 8th May.

10 May: Basava Jayanti/Akshay Tritiya

There will be a holiday in all the banks of Bengaluru on the occasion of Basava Jayanti/Akshaya Tritiya on 10th May.

May 11: Second Saturday

Banks will remain closed across India on the occasion of second Saturday on 11th May.

May 12: Sunday

Due to 12th May being Sunday, all banks will remain closed.

16 May: State Day

All banks in Gangtok will remain closed on May 16 due to State Day holiday.

May 19: Sunday

Due to 19th May being Sunday, all banks will remain closed.

20 May: Lok Sabha general election 2024

All banks in Belapur and Mumbai will remain closed on May 20 for the Lok Sabha general elections 2024 to be held between April and June.

May 23: Buddha Purnima

All banks in the states of Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Itanagar, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, Srinagar will remain closed on the occasion of Buddha Purnima holiday.

Holiday May – date
Maharashtra Day/May Day (Labor Day) 1
lok sabha general election 2024 7
Rabindranath Tagore Jayanti 8
Basava Jayanti/Akshay Tritiya 10
state day 16
lok sabha general election 2024 20
Buddha Purnima 23
Nazrul Jayanti 25
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