Home business Bank Holidays :Banks to observe up to 15 days of closure in May

Bank Holidays :Banks to observe up to 15 days of closure in May

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Bank Holidays

Bank Holidays :

New Delhi: April 29:Bank customers across several cities in India must take note of the upcoming closures of bank branches in the month of May as per the Reserve Bank of India (RBI) Holiday list. While physical branch operations will be suspended, online banking services will remain operational.

It is crucial for individuals with banking-related tasks to be aware of the specific days when bank branches will be closed in various cities during May 2024.

Bank Holidays

This information is vital for planning and ensuring smooth banking transactions.

The closures are due to a combination of nationwide bank holidays and local festivities observed in different states. These holidays will lead to the closure of bank branches, impacting banking services temporarily.

In May 2024, banks will be closed for a total of 15 days, as per the RBI holiday calendar list. This includes 9 days of RBI-declared holidays along with weekends and state-declared holidays.

The list of bank holidays in May 2024 is as follows:

Maharashtra Din/May Day (Labour Day): May 1, Lok Sabha General Elections 2024: May 7, Birthday of Rabindranath Tagore: May 8, Basava Jayanti/Akshaya Tritiya: May 10, Lok Sabha General Elections 2024: May 13, State Day: May 16.

Lok Sabha General Elections 2024: May 20, Buddha Pournima: May 23, Nazrul Jayanti/Lok Sabha General Elections 2024: May 25.

,Additionally, weekends and Second Saturdays in May 2024 are also days when bank branches will be closed:, 

May 4: Sunday, May 11: Second Saturday, May 12: Sunday, May 18: Sunday, May 25: Fourth Saturday, May 26: Sunday

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