Bank holidays: In May 2023, banks will be closed for 12 days, including the second and fourth Saturdays and Sundays. According to Reserve Bank of India (RBI) regulations, banks will be closed on all national holidays, with some state-specific regional holidays.
The list of holidays that each state or region observes in addition to the federal holidays varies from state to state. For instance, certain states may mark holidays in honour of significant cultural occasions or local festivals.
In order to plan visits to the bank in May 2023, bank customers should be aware of the bank holidays.
Bank holiday in May 2023:
- May 1 (Monday): May Day, Maharashtra Day
- May 5 (Friday): Buddha Purnima – Delhi, Haryana, Maharashtra, Punjab, Uttar Pradesh, West Bengal, Uttarakhand, Assam, Bihar, Gujarat, Arunachal Pradesh, Chhattisgarh
- May 7: Sunday
- May 9 (Tuesday): Rabindranath Tagore’s birthday
- May 13: Second Saturday
- May 14: Sunday
- May 16 (Tuesday): State Day – Sikkim
- May 21: Sunday
- May 22 (Monday): Maharana Pratap Jayanti – Gujarat, Haryana, Himachal Pradesh, Punjab, Rajasthan
- May 24 (Wednesday): Kazi Nazrul Islam Jayanti – Tripura
- May 27: Fourth Saturday
- May 28: Sunday
Bank-related tasks, such as ATM services, cash-deposit machines, and online and mobile banking, won’t cause any issues for bank customers. Debit card annual charges hiked: This bank has increased the annual fee for debit cards, know how much more you need to pay
