Here is a list of the Bank Holidays for May 2024
It’s important to be aware of the bank holidays in May 2024. Banks will be closed for a total of 11 days, depending on the region. This could cause difficulties for those who need to carry out financial transactions in person. Although many banking services are available online, some transactions may still need to be done at a bank branch. If you have a bank account, it’s important to know the bank holidays so you can plan accordingly.
However, the specific dates may vary depending on your location. Therefore, it’s advisable to plan your banking activities accordingly to avoid any inconvenience.
Bank holidays are determined by the Reserve Bank of India (RBI) and include national and regional holidays. While physical branches will be closed, ATMs, mobile & internet banking services, UPI and deposit machines will still be available. Therefore, certain transactions can still be carried out without visiting a bank branch.
As a responsible bank customer, planning and preparing for bank closures is always better. This can prevent any unnecessary delays or complications in completing important financial transactions.
- May 1st: Labor Day (May Day) is a public holiday, so banks will be closed in most parts of the country, including Bangalore, Hyderabad, AP, and Telangana.
- May 5th: This is a Sunday and a general holiday.
- May 8th: Banks will be closed in West Bengal for Rabindranath Tagore Jayanti.
- May 10th: Akshaya Tritiya falls on this day, and there will be no banks open. Most parts of the country have a holiday.
- May 11th: This is the second Saturday of the month and a general holiday for banks.
- May 12th: This is a Sunday, so banks are closed for a general holiday.
- May 13th: Banks in Telugu states will be closed for the Lok Sabha elections.
- May 16th: Banks in Gangtok region will be closed for Sikkim State Day.
- May 19th: This is a Sunday, so banks have their regular holiday across the country.
- May 23rd: Banks will be closed in many parts of Uttar Pradesh for Buddha Poornima.
- May 25th: This is the fourth Saturday of the month and a general bank holiday. There is also a public holiday in Tripura, and banks will be closed there.
- May 26th: This is a Sunday, so banks have a normal holiday.
Please note that banks may also be closed on May 7 and May 20 due to general and assembly elections in many states, including Mumbai.
