Kolkata: In India banks are usually closed for business on the second and fourth Saturdays of every month. On the other hand, they are open for business on first and third Saturdays. Banks are also closed on all Sundays of all months. Since April 26 is the fourth Saturday of this month, all branches of all banks will be closed.
Despite the mushrooming of ATMs and popularity of online and digital banking, many have to visit branches of different banks for getting some work done. Therefore, one should keep a check on when banks are closed for business. Bank holidays are set by Reserve Bank of India (RBI). RBI rules state that banks across the country will be closed on second and fourth Saturday of every month and will be open on the first and third Saturday.
Therefore, no customer of any bank can enter a branch of any bank to get their work done. Incidentally, RBI categorises bank holidays into three kinds — under Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and closing of accounts. Second and fourth Saturdays are holidays under the Negotiable Instruments Act.
Bank holidays in May 2025
How many bank holidays are there in May? Please check the following list to determine your visits to the bank branch. Some holidays are observed in a few specific states which are mentioned below.
May 1 (Thursday, May Day, Maharashtra Day): Assam, Bihar, Goa, Gujarat, Manipur, Karnataka, Kerala, Tamil Nadu, Telangana, West Bengal, Tripura, Jammu and Kashmir, Delhi, Maharashtra
May 8 (Thursday, Rabindranath Tagore’s birthday): West Bengal, Tripura, Jammu and Kashmir, Delhi
May 12 (Monday, Buddha Purnima): Arunachal Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Manipur, Mizoram, Odisha, Sikkim, Tamil Nadu, Tripura, Uttarakhand, West Bengal
May 16 (Friday, State Day): Sikkim
May 23 (Friday, Buddha Purnima): Assam, Mizoram, Uttar Pradesh, Uttarakhand, West Bengal, Jammu and Kashmir, Delhi
May 26 (Monday, Kazi Nazrul Islam Jayanti): Tripura
May 29 (Thursday, Maharana Pratap Jayanti): Haryana, Himachal Pradesh, Rajasthan
According to RBI rules, today April 26 is a banking holiday since it is the fourth Saturday of the month. Read on to find out the days of May when banks will be closed in different states of India. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
