Banks are closed for 14 days in May 2024, according to the Reserve Bank of India (RBI) holiday list. There are state-specific celebrations, national holidays, and significant observances among these holidays.
Nonetheless, handling financial activities even over the holidays is now easier thanks to contemporary digital banking options. Note that banks in India observe normal weekly holidays, which include closing on Sundays and the second and fourth Saturdays of the month.
Also read: May 1 bank holiday: Are banks closed on Wednesday, May 1? Check state-wise list
Also read: Maharashtra Day: Are banks, offices open in Maharashtra on May 1?
The Reserve Bank of India (RBI) designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks’ Closing of Accounts.
May Bank holidays
Maharashtra Din/May Day (Labour Day), Lok Sabha General Elections 2024, Birthday of Rabindranath Tagore, Basava Jayanti/Akshaya Tritiya, Lok Sabha General Elections 2024, State Day, Buddha Pournima and Nazrul Jayanti.
May 1 – May Day – ( Wednesday)- Banks are closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Manipur, Kerala, Bengal, Goa, Bihar.
May 7- Lok Sabha General Elections 2024( Tuesday)- Gujarat, Madhya Pradesh, Goa.
May 8- Birthday of Rabindranath Tagore(Wednesday)- Banks are closed in Bengal.
May 10- Basava Jayanti/Akshaya Tritiya- Banks are closed in Karnataka.
May 13- Lok Sabha General Elections 2024- (Tuesday)- Srinagar
May 16- State Day- (Thursday)- Banks closed in Sikkim.
May 20- Lok Sabha General Elections 2024- (Monday)- Banks closed in Maharashtra.
May 23-Buddha Pournima (Thursday)- Banks are closed in Tripura, Mizoram, Madhya Pradesh, Chandigarh, Uttar Pradesh, Arunachal Pradesh, Jammu, Lucknow, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, Srinagar.
May 25- Nazrul Jayanti/Lok Sabha General Elections 2024(fourth Saturday)- Banks are closed in Tripura, Orissa.
| May-24 | 1 | 7 | 8 | 10 | 13 | 16 | 20 | 23 | 25 |
| Agartala | • | • | |||||||
| Ahmedabad | • | ||||||||
| Aizawl | • | ||||||||
| Belapur | • | • | • | ||||||
| Bengaluru | • | • | |||||||
| Bhopal | • | • | |||||||
| Bhubaneswar | • | ||||||||
| Chandigarh | • | ||||||||
| Chennai | • | ||||||||
| Dehradun | • | ||||||||
| Gangtok | • | ||||||||
| Guwahati | • | ||||||||
| Hyderabad – Andhra Pradesh | • | ||||||||
| Hyderabad – Telangana | • | ||||||||
| Imphal | • | ||||||||
| Itanagar | • | ||||||||
| Jaipur | |||||||||
| Jammu | • | ||||||||
| Kanpur | • | ||||||||
| Kochi | • | ||||||||
| Kohima | |||||||||
| Kolkata | • | • | • | ||||||
| Lucknow | • | ||||||||
| Mumbai | • | • | • | ||||||
| Nagpur | • | • | |||||||
| New Delhi | • | ||||||||
| Panaji | • | • | |||||||
| Patna | • | ||||||||
| Raipur | • | • | |||||||
| Ranchi | • | ||||||||
| Shillong | |||||||||
| Shimla | • | ||||||||
| Srinagar | • | • | |||||||
| Thiruvananthapuram | • |
Source: RBI website
