New Delhi: Banks will stay closed in Belapur, Bengaluru, Chennai, Guwahati, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram because of Maharashtra Din/May Day (Labor Day).
In May 2025, banks throughout India shall be closed for 12 days, together with regional vacations, nationwide occasions, Sundays, and the second one and fourth Saturdays.
Bank Holidays In May 2025
Maharashtra Din/May Day (Labor Day: May ): May 1
Panchayat Election 2025: May 7
Birthday of Rabindranath Tagore: May 9
Buddha Pournima: May 12
State Day: May 16
Birthday of Kazi Nazrul Islam: May 26
Maharana Pratap Jayanti: May 29
Furthermore, you will have to word that the banks will NOT be closed for all of the days consecutively in all states or areas. This is the full choice of days when banks in numerous portions of the rustic will stay closed for state-observed vacations. For example banks shall be closed for Birthday of Kazi Nazrul Islam in Agartala, however in different states it’ll NOT be closed for a similar explanation why.
Reserve Bank of India puts its Holidays underneath 3 brackets –Holiday underneath Negotiable Instruments Act; Holiday underneath Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it will have to be famous that the financial institution vacations range in quite a lot of states as neatly no longer noticed by way of all of the banking firms. Banking vacations additionally rely at the fairs being noticed in explicit states or notification of explicit events in the ones states.