Mark your calendars! May 2024 brings a delightful respite for those who rely on bank visits. All banks, including government, private and their branches across India, are set to close for a total of 14 days, offering a welcome break while ensuring smooth operations throughout the month.
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This holiday period combines national and regional holidays with standard second and fourth Saturdays, giving you ample opportunity to catch up on errands or simply relax. But remember, these closures can vary slightly depending on your state.
Even with these closures, customers don’t need to put your financial needs on hold. Thankfully, modern banking offers convenient alternatives.
ATMs: Most ATMs operate 24/7, allowing you to withdraw cash, check balances, and even make transfers (depending on ATM functionalities).
Internet Banking: Manage your finances from the comfort of your home with internet banking. You can transfer funds, pay bills, recharge your phone, and more through a secure online portal.
Mobile Banking: Banking apps mirror the functionalities of internet banking, offering on-the-go convenience for quick transactions.
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.
Bank Holidays in May 2024
Here’s a quick breakdown to help you navigate bank holidays in May:
Holiday Description | Day |
Maharashtra Din/May Day (Labour Day) | May 1, 2024 |
Lok Sabha General Elections 2024 | May 7, 2024 |
Birthday of Rabindranath Tagore | May 8, 2024 |
Basava Jayanti/Akshaya Tritiya | May 10, 2024 |
Lok Sabha General Elections 2024 | May 13, 2024 |
State Day | May 16, 2024 |
Lok Sabha General Elections 2024 | May 20, 2024 |
Buddha Pournima | May 23, 2024 |
Nazrul Jayanti/Lok Sabha General Elections 2024 | May 25, 2024 |
Bank Holidays in May 2024: City/state wise holiday list for May
May 1 2024, Wednesday – May Day: Banks are closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Manipur, Kerala, Bengal, Goa and Bihar.
May 7, 2024, Tuesday – Lok Sabha General Elections 2024: Banks are close in Gujarat, Madhya Pradesh and Goa.
May 8, 2024, Wednesday – Birthday of Rabindranath Tagore (Wednesday): Banks are closed in West Bengal.
May 10, 2024, Friday – Basava Jayanti/Akshaya Tritiya: Banks are closed in Karnataka.
May 13, 2024 (Tuesday) – Lok Sabha General Elections 2024: Banks will remain closed in Srinagar.
May 16, 2024, Thursday – State Day- Banks closed in Sikkim.
May 20, 2024, Monday – Lok Sabha General Elections 2024: Banks closed in Maharashtra.
May 23, 2024, Thursday -Buddha Pournima: Banks are closed in Tripura, Mizoram, Madhya Pradesh, Chandigarh, Uttar Pradesh, Arunachal Pradesh, Jammu, Lucknow, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh and Srinagar.
May 25, 2024, Saturday – Nazrul Jayanti/Lok Sabha General Elections 2024 (fourth Saturday): Banks are closed in Tripura and Odisha.
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May 2024 | May 1 | May 7 | May 8 | May 10 | May 13 | May 16 | May 20 | May 23 | May 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 | • |