The month of May has begun. In several states, the first of this month is a bank holiday. There will be a bank holiday this time like there is every month. This time, all banks in various regions would be closed for 14 days. The bank holidays this time began on May 1. Maharashtra Day on May 1 results in bank closures. If you have any significant bank-related tasks this month, you should start planning immediately. The second and fourth Saturdays fall on May 13 and May 27, respectively.

Days off from banking by states and cities

Maharashtra Day/May Day is observed as a bank holiday on May 1, 2023. In addition, this year’s Buddha Purnima, Rabindranath Tagore’s birthday, Sikkim’s founding day, and Maharana Pratap Jayanti will all be observed without work in banks. Let us inform you that banking holidays vary depending on the states and towns in the nation. Shimla and UP are holding municipal elections this time.

Bank operations won’t stop entirely during holidays

online service banking will continue. You can use Internet banking to do your critical tasks at this time. You can go before or after the holidays to visit the bank for business purposes. In addition, you can work on banking-related tasks online while seated at home. This service will be available continuously. The RBI has compiled a list of bank holidays based on the states and occasions. It is visible on the RBI website. The RBI list does not contain the dates for the civic elections in Uttar Pradesh.

Detailed calendar of bank holidays for May 2023

• Karnataka, Maharashtra, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Kerala, Bengal, Goa, and Bihar have their banks closed on May 1st (Monday), Maharashtra Day/May Day.
• Shimla’s municipal elections are on Tuesday, May 2, 2023.
• The first round of civic elections in UP: May 4.
• Tripura, Mizoram, Maharashtra, Madhya Pradesh, Chandigarh, Uttarakhand, Jammu, Uttar Pradesh, Bengal, New Delhi, Chhattisgarh, Jharkhand, and Himachal Pradesh are among the states that celebrate Buddha Purnima on May 5 (Friday).
• Bank holiday on Sunday, May 7.
• Tuesday, May 9, is Rabindranath Tagore’s birthday. Bengal
• The second round of municipal elections in UP takes place on May 11.
• Due to being the second Saturday of the month, May 13 is a weekly holiday.
• Sunday, May 14, is a bank holiday.
• Tuesday, May 16, is Sikkim’s Statehood Day.
• Sunday, May 21, is a bank holiday.
• Himachal Pradesh celebrates Maharana Pratap Jayanti on May 22 (Monday).
• Due to it being the fourth Saturday of the month, May 27 is a weekly holiday.
• Sunday, May 28, is a bank holiday.

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