Bank Holiday in May: How many days will the banks be closed in May? Start planning today
By Lokmat English Desk | Updated: April 27, 2022 17:59 IST2022-04-27T17:59:08+5:302022-04-27T17:59:08+5:30
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The month of May, which will mark some notable occasions like Id-ul-Fitr, Buddha Purnima, and Bhagvan Shree Parshuram Jayanti, will have 11 bank holidays.
Indian Banks will remain shut for a total of 11 days in the month, including weekends, according to the list of holidays released by the Reserve Bank of India (RBI).
The central bank categorises the holidays' list as national and regional under Negotiable Instruments Act, Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
The holidays in May 2022 include 4 holidays on festivals, along with Sundays and second and fourth Saturday.
May 1 (Sunday) - All IndiaMay 2 (Monday) - Ramjan-Eid (Eid-UI-Fitra). Banks will remain closed in Kerala’s Kochi, Thiruvananthapuram.
May 3 (Tuesday) - Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya. Banks will be shut all over India, except Kochi and Thiruvananthapuram.May 8 (Sunday) - All India
May 9 (Monday) - Birth anniversary of Rabindranath Tagore. Bank holiday in West Bengal.May 14 (Saturday) - All IndiaMay 15 (Sunday)- All IndiaMay 16 (Monday) - Buddha Purnima. Banks will be closed in Tripura, Belapur, Madhya Pradesh, Punjab and Haryana, Uttarakhand, Jammu, Uttar Pradesh, Maharashtra, New Delhi Chhattisgarh, Jharkhand, Himachal Pradesh and Srinagar.May 22 (Sunday) - All IndiaMay 28 (Saturday) - All IndiaMay 29 (Sunday)- All India
