May Bank Holidays 2024 India, Bank Holidays in May 2024: According to the Reserve Bank of India's holiday calendar 2024, private and public sector banks will remain closed for a total of 14 days in May across various regions in India. Notably, if you have bank-related work in May, then you should keep a check over the same to avoid any last-minute hassle.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The 14-day holiday in May will include national and regional holidays as well as Sundays, 2nd and 4th Saturdays.

Online services

One must note that bank-related work can still be done through mobile or net banking.

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

Are banks closed on May 1?

Bank will remain closed in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad (Andhra Pradesh & Telangana), Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram on account of Maharashtra Din/May Day (Labour Day). 

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              
 

For all other news related to business, politics, tech and auto, visit Zeebiz.com.