This time there will be no work in banks of different areas for 14 days. This time the bank holidays have started from May 1. Banks are closed on May 1 due to Maharashtra Day. If you have any important work related to the bank this month, then you should plan from now. This time the second and fourth Saturdays are on May 13 and May 27 respectively.

Banking holidays by states and cities

Banks have a holiday on May 1, 2023 due to Maharashtra Day / May Day. Apart from this, there will be no work in banks this time on Buddha Purnima, Rabindranath Tagore’s birthday, Sikkim’s foundation day and Maharana Pratap Jayanti. Let us tell you that according to different states and cities of the country, banking holidays are different. This time there are municipal elections in Shimla and UP.

Online service banking will continue, banking operations will not be completely interrupted during bank holidays. During this, you can do your important work through online banking. If you need to go to the bank for your work, you can go before or after the holidays. Apart from this, you can do the work related to banking online by sitting at home. This service will be operational for 24 hours.

Bank Holiday list has been prepared by RBI on the basis of states and events. You can see it on the website of RBI. The dates of UP civic elections have not been included in the RBI list.

Complete list of bank holidays in May 2023

1st May (Monday) – Maharashtra Day / May Day: Bank closed in Karnataka, Maharashtra, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Kerala, Bengal, Goa and Bihar.
May 2: Tuesday – Municipal elections, 2023 – Shimla
May 4: First phase of civic elections in UP.
May 5 (Friday) – Buddha Purnima: Tripura, Mizoram, Maharashtra, Madhya Pradesh, Chandigarh, Uttarakhand, Jammu, Uttar Pradesh, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh.
May 7: Bank holiday due to Sunday.
May 9 (Tuesday) – Rabindranath Tagore’s birthday: Bengal
May 11 – Second phase of municipal elections in UP.
May 13: Weekly holiday due to being the second Saturday of the month.
May 14: Bank holiday due to Sunday.
16 May (Tuesday) – Statehood Day: Sikkim
May 21: Bank holiday due to Sunday.
22 May (Monday) – Maharana Pratap Jayanti: Himachal Pradesh.
May 27: Weekly holiday due to being the fourth Saturday of the month.
May 28: Bank holiday due to Sunday.

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If you also want to go to do some important work related to the bank in May, then do check the list of holidays once. So that you don’t have to worry.

Banks will remain closed for 12 days in May 2023

Banks will remain closed for a total of 12 days in May 2023, including Saturday and Sunday holidays. There will be many days in the month of May like Maharashtra Day, Buddha Purnima, Maharana Pratap Jayanti, when banks will have holidays. However, all these holidays differ from state to state and city to city. Let us know, on which days the banks will remain closed in January-2023.

Know, how many times the banks will remain closed in January-2023

Online banking will continue:

Even though there will be 12 days holiday in banks in May 2023, but if you want, you can do most of the banking related work online. Online service (Online Banking) will always be operational. You can easily do any kind of transaction through online banking. Along with this, ATM service will also remain operational.

The post Bank Holiday Alert! RBI has released the list of bank holidays in May 2023, See here the complete list of holidays first appeared on Rightsofemployees.com.

However, the bank holiday list also includes second Saturdays and Sundays. In some holidays, banks will remain closed only in those states where there is a festival or anniversaries. Whereas, banks remain closed all over the country on some gazetted holidays.

Banks will remain closed for 12 days in May: Here is the complete list of holidays

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): Birthday of Rabindranath Tagore

May 13: Second Saturday

May 14: Sunday

16 May (Tuesday): Statehood 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

Work can be done through online banking

While banks will remain closed for 12 days in May, online banking services will continue to be available on all these days. However, customers will not be able to deposit and withdraw cash in banks. Withdraw money from ATM only.

These are the categories of bank holidays

National Holiday also known as Gazetted Holiday. This includes three days Republic Day, Independence Day and Mahatma Gandhi Jayanti. Banks and financial institutions remain closed on these days. Government holidays are further divided into two categories State Government Bank Holidays and Central Government Bank Holidays. Central government bank holidays are observed throughout the country, while state government bank holidays are observed only in that state.

Banks remain closed even these days

Apart from national holidays and government holidays, banks in India are closed on the second and fourth Saturdays of every month. However, if there are 5 Saturdays in a month, then the banks work on the fifth Saturday. Earlier banks used to work for half a day on every Saturday.

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