Banks to remain closed for 7 days ahead in May. Check key dates proper right here
Banking operations will keep shut on 22 May due to the fourth Saturday. Also, three Sunday holidays of banks are remaining throughout the month of May, which is ready to fall on 16, 23 and 30 May

New Delhi: Banks all through cities will doubtless be shut on a variety of explicit occasions for the remaining month of May. Bank division operations for purchasers keep absolutely shut on these holidays. In May, banks had been to remain closed for an entire of 12 days, as per the holiday itemizing by RBI. As a variety of holidays have already handed, solely eight days are ahead on which banks will keep closed.
According to the RBI guideline, banks keep shut on public holidays whereas positive holidays vary from state to state. Only the gazetted holidays are seen by banks in every single place within the nation. All-India holidays embrace Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2), Christmas Day (December 25). Festivals like Diwali, Christmas, Eid, Guru Nanak Jayanthi, Good Friday, and so forth are moreover monetary establishment holidays.
Aside from National Holidays, every private and public sector banks keep closed on the second, fourth Saturday, and all Sundays of each month. Remember that banking actions may vary from each other in a number of states. In a variety of situations, monetary establishment holidays vary in different states on account of banks don’t observe all occasions in all states.
Here’s the full itemizing of upcoming monetary establishment holidays in May 2021:
- Ramzan-Id (Id-Ul-Fitr) (Shawal-1): May 13
- Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya: May 14
- Buddha Pournima: May 26

These holidays will doubtless be seen in a majority of Indian states, barring a variety of ones, in step with the state-declared holidays. However, for the gazetted holidays, banks will doubtless be closed in every single place within the nation. Aside from the above-mentioned monetary establishment holidays, banking operations will keep shut on 22 May due to the fourth Saturday. Also, three Sunday holidays of banks are remaining throughout the month of May, which is ready to fall on 16, 23 and 30 May.
Bank prospects planning a go to to their respective banks throughout the month of May are recommended to plan their go to in accordance with the monetary establishment holidays. While the monetary establishment branches will keep closed on immediately, mobile and internet banking will keep helpful as regular. Customers may make transactions by way of on-line modes.
Source: Times Now News