Bank Holidays in May 2023: Banks to remain closed for 12 days in May, get full state-wise bank holiday list
According to the Reserve Bank of India, there will be a total of 12 bank holidays in May. Branches will be non-functional on account of festivals, important days, Sundays, and second and fourth Saturdays. It is to be noted, however, that some festivals/important days are specific only to certain states. In such a case, therefore, banks will not open in that state or region
Therefore, Customers who are planning to visit their respective banks in the month of May should plan their visit according to the bank holidays calendar.
However, it is important to note that the bank holiday in each state will depend upon the list of holidays released by the Reserve Bank of India (RBI) on its official website. So, it’s always a good idea to check the RBI website for the latest updates on bank holidays.
Bank Holidays May 2023
May 1 – Maharashtra Day/May Day – Belapur, Bengaluru, Chennai, Guwahati, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram
May 2 – Municipal Corporation Elections, 2023 – Shimla
May 5 – Buddha Purnima – Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar
May 9 – Birthday of Rabindranath Tagore – Kolkata
May 16 – State Day – Gangtok
May 22 – Maharana Pratap Jayanti – Shimla
Weekend Bank Holidays May 2023
May 7 – Sunday
May 13 – Second Saturday
May 14 – Sunday
May 21 – Sunday
May 27 – Fourth Saturday
May 28 – Sunday