Bank holidays in May 2024, Maharashtra day bank holiday, May day bank holiday or not: Are banks closed on 1st May? According to the Reserve Bank of India's holiday calendar 2024, private and public sector banks will remain closed today, May 1 on the account of Maharashtra Din/May Day (Labour Day). 

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Bank will remain closed in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad (Andhra Pradesh & Telangana), Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram. 

Maharashtra Day

May 1 is celebrated as Maharashtra Day in honour of the formation of the state of Maharashtra in India. The day marks the anniversary of when the state was officially formed in 1960. 

May day/ Labour day

May 1 is also marked as May day/ Labour day. The day commemorates the contributions of workers and the labour movement across the world.

Bank holidays in May 2024

Banks will remain closed for a total of 14 days in May across various regions in India. The 14-day holiday in May will include national and regional holidays as well as Sundays, 2nd and 4th Saturdays. Read more 

As per the RBI guidelines, bank holidays in India fall into three categories: 

Holiday under Negotiable Instruments Act
Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
Banks’ Closing of Accounts

Bank holidays in May 2024: Full list

 

Holiday Description Date (May)
Maharashtra Din/May Day (Labour Day) 1
Lok Sabha General Elections 2024 7
Birthday of Rabindranath Tagore 8
Basava Jayanti/Akshaya Tritiya 10
Lok Sabha General Elections 2024 13
State Day 16
Lok Sabha General Elections 2024 20
Buddha Pournima 23
Nazrul Jayanti/Lok Sabha General Elections 2024 25

Bank holidays in May 2024: State-wise full list 

 

May 2024 1 7 8 10 14 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              
 

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