Banks will be shut for 12 days in May 2023 including second and fourth Saturdays and Sundays. As per the Reserve Bank of India (RBI) guidelines, banks will be closed on all public holidays with some regional holidays depending on the particular state. Bank Holidays May 2023: 12 days Bank close from May 1.
Regional holidays are decided by respective state governments. Though branches will be closed for physical operations, online banking activities will continue to work. Hence, if you want to visit your bank branch for any bank related important work next month, you must note down the number of days when branches will be closed in various cities in the month of May 2023.
Banks will remain closed for total 12 days in the month of May– 4 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends and state declared holiday. However, you must note that the banks will NOT be closed for 12 days in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays.
While some bank holidays will be observed nation-wide, some others will be local holidays. Several bank branches will remain closed in various states owing to these festivities. Before visiting your bank branch in the month of May, you must note down the list of important days during which banks will remain closed.
Bank Holidays May 2023: 12 days Bank close from May 1
Maharashtra Day/May Day: May 1
Buddha Purnima: May 5
Birthday of Rabindranath Tagore: May 9
State Day: May 16
Maharana Pratap Jayanti: May 22
Kazi Nazrul Islam Jayanti in Tripura: May 24
Weekends and Second Saturdays
May 7: Sunday
May 13: Second Saturday
May 14: Sunday
May 21: Sunday
May 27: Fourth Saturday
May 28: Sunday.
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