May 2024 bank holidays: You can use ATMs, mobile apps, and bank websites to complete urgent transactions during these non-working days. Online banking services will also be available as usual.
Bank Holidays this week in May 2024: Due to Buddha Purnima, the Saturday-Sunday weekend leaves, and the Nazrul Jayanti/2024 General Elections, bank customers in all states will need to make plans for a potential four-day holiday this week, from May 23–26.
This month (May 2024), all public banks—including the biggest lender, State Bank of India (SBI)—have at least ten holidays. This covers all non-working Sundays each week as well as the Saturdays off in the second and fourth weeks. Below is the whole list.
The Reserve Bank of India (RBI), the nation’s central bank, sets the holiday schedules for all banks for each year in accordance with the official state government holidays. Not all religious holidays or local traditions are observed consistently, hence they might not be designated as non-working days in every state in the union.
To prevent any disruption, kindly check with your closest branch about any holidays and days off.
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Below is the complete list of other bank holidays in May 2024
- May 1 bank holiday: Because of May Day/Labour Day and Maharashtra Day, banks will remain shut in India and Maharashtra.
- May 8 bank holiday: Banks in West Bengal will be closed on the birthday of polymath Rabindranath Tagore.
- May 23 bank holiday: On the occasion of Buddha Purnima, banks will remain closed.
- May 10 bank holiday: Banks will be closed because of the Akshaya Tritiya festival.
- Bank holiday: On May 24, banks will be closed in a few states. For Nazrul Jayanti and the upcoming round of the 2024 Lok Sabha Elections, banks will be closed in a few states.
Regular Weekend Bank Offs
- Banks will be closed on the second Saturday, May 11
- Banks will be closed on the fourth Saturday, May 25
- Bank holiday on Sundays: May 4, 12, 18, and 26
Online Banking Facilities, ATMs Remain Open
Despite the holidays, banks’ online facilities will remain operational without interruption during all non-working days. Thus, you can continue with urgent bank-related tasks and transactions using the banks’ websites, mobile apps, or ATMs.
Based on a number of variables, such as state and national holidays, cultural or religious celebrations, operational requirements, official statements, and cooperation with other banks, the central bank released the full list of bank holidays for the year. This timetable is disseminated by the RBI via official means, including announcements to banks and other financial institutions and its website.
