Customers are urged to plan ahead for their banking tasks as bank holidays do not apply uniformly throughout states and union...
Digital Desk: Banks will be shut down in India for 11 days including all four Sundays and the second and fourth Saturdays in May 2023. Rabindranath Tagore's birthday, Buddha Purnima, Maharashtra Day/May Day, and Maharana Pratap Jayanti are among the celebrations that will take place in May 2023.
Customers are urged to plan ahead for their banking tasks as bank holidays do not apply uniformly throughout states and union territories due to the distinction between national public holidays and state-specific holidays.
Bank holidays in 2023
On May 1, all banks will be closed in the following states: Maharashtra, Karnataka, Assam, Kerala, Andhra Pradesh, Bengal, Tamil Nadu, Bihar, and Goa. In observance of Buddha Purnima, banks will be closed on May 5 in New Delhi, Uttar Pradesh, Chandigarh, Madhya Pradesh, Jammu, Bengal, Chhattisgarh, Jharkhand, Tripura, Mizoram, and Himachal Pradesh. Additionally, Banks will remain closed in select states on May 9, May 16, and May 22.
May bank holidays list
|
Date |
Occassion |
States |
|
May 1 |
Maharashtra Day/May Day |
Maharashtra, Karnataka,
Assam, Kerala, Andhra Pradesh, West Bengal, Tamil Nadu, Bihar, and Goa |
|
May 5 |
Buddha Purnima |
New Delhi, Uttar Pradesh,
Chandigarh, Madhya Pradesh, Jammu, West Bengal, Chhattisgarh, Jharkhand,
Tripura, Mizoram, and Himachal Pradesh |
|
May 7 |
Sunday |
All over India |
|
May 9 |
Rabindranath Tagore's birth
anniversary |
West Bengal |
|
May 13 |
Second Saturday |
All over India |
|
May 14 |
Sunday |
All over India |
|
May 16 |
State Day |
Sikkim |
|
May 21 |
Sunday |
All over India |
|
May 22 |
Maharana Pratap Jayanti |
Shimla |
|
May 27 |
Fourth Saturday |
All over India |
|
May 28 |
Sunday |
All over India |
RBI bank holidays
The Reserve Bank of India divides bank holidays into three categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holidays, and Banks' Closing of Accounts.
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