Bank Holidays in May 2024: The month of April is almost coming to an end. Earlier this month, RBI had informed that banks will remain closed for a total of 14 days this month. There will be a holiday in banks due to 27th April being the fourth Saturday and 28th April 2024 being a Sunday. After this, banks will remain closed in the next month i.e. May also. Let us know when and where the bank holidays will be in May.
How many days will banks remain closed in May?
According to RBI, there will be a total holiday in banks for 12 days. Many festivals come during this period. Apart from this, apart from second and fourth Saturdays, Sunday holidays are also included. There will be festivals like Rabindranath Tagore Jayanti, Nazrul Jayanti and Akshaya Tritiya in May.
Will banks remain closed on Akshaya Tritiya?
If you also have a question in your mind whether there will be a holiday in banks on the occasion of Akshaya Tritiya or not, then let us tell you that banks will remain closed on this day. The festival of Akshaya Tritiya is on 10 May 2024 and banks will remain closed during this period. However, banks will remain closed on Akshaya Tritiya not in the entire country but only in some states.
When and where will banks remain closed?
Banks will remain closed on Wednesday, May 1, 2024 due to Labor Day and Maharashtra Day. There will be a bank holiday on May 1 in Telangana, Mumbai, Nagpur, Panaji, Patna, Imphal, Kochi, Kolkata, Belapur, Bengaluru, Andhra Pradesh, Chennai, Guwahati and Thiruvananthapuram.
Banks will remain closed on Sunday, May 5, 2024 due to it being a weekly holiday.
Banks will remain closed in Kolkata on Wednesday, May 8, 2024, on the occasion of the birth anniversary of Rabindranath Tagore.
Friday, May 10, 2024, will be a bank holiday in Bengaluru on the occasion of Basava Jayanti/Akshaya Tritiya.
Banks will remain closed on 11th May 2024 as it is the fourth Saturday.
Banks will remain closed on Sunday, May 12, 2024 due to it being a weekly holiday.
There will be a bank holiday in Gangtok on Thursday, 16 May 2024 due to Statehood Day.
Banks will remain closed on Sunday, May 19, 2024 due to it being a weekly holiday.
20 May 2024 Due to Lok Sabha General Elections 2024, there will be a bank holiday in Belapur and Mumbai on Monday.
Banks will remain closed in Dehradun, Jammu, Chandigarh, Kolkata, New Delhi, Nagpur, Ranchi, Shimla, Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Lucknow, Mumbai, Raipur and Srinagar on Thursday on the occasion of Buddha Purnima. , 23 May 2024.
Banks will remain closed on 25th May 2024 as it is the fourth Saturday.
Banks will remain closed on 26th May 2024 due to Sunday being a weekly holiday.
Banks are closed but you will still be able to withdraw money
You can withdraw cash from your bank account through ATM card. Money can be withdrawn using debit card or credit card. If you want to transfer money to someone's bank, you can avail the online banking facility.