Bank Holiday on May 1: Banks are going to remain closed in different parts of the country on May 1 due to Maharashtra Day and Labor Day.
Bank Holiday on May 1: There is good news for bank employees. On the first day of May, there will be a bank holiday in many parts of the country due to Labor Day and Maharashtra Day. In the list of RBI holidays, May 1 has been declared as bank holiday.
How many days will banks remain closed in May?
According to the RBI holiday calendar, banks will remain closed for a total of 14 days in May. This also includes the second and fourth Saturdays and 4th Sunday. The list of holidays given on the official website of RBI varies according to different states. Along with this, this time banks will remain closed on the day of polling in electoral areas.
When will there be bank holidays?
May 1: Banks will remain closed due to Maharashtra Day and Labor Day.
5 May: Sunday holiday.
Banks will remain closed in different states due to May 7 Lok Sabha elections.
8 May: Rabindranath Tagore Jayanti holiday. (Only in Kolkata)
10 May: Banks will be closed in many states due to Basava Jayanti/Akshay Tritiya.
May 11: Second Saturday holiday in banks.
12 May: Sunday holiday.
Banks will remain closed on May 13 due to Lok Sabha elections in different states.
16 May: Due to State Day holiday, all banks of Gangtok will remain closed on this day.
19 May: Sunday holiday.
May 20: Lok Sabha General Elections 2024, banks will be closed in Belapur and Mumbai.
May 23: Buddha Purnima holiday
May 25: Fourth Saturday holiday
26 May: Sunday holiday.
Bank holidays vary according to states
Let us tell you that the list of holidays for banks is not the same in all states. According to the Reserve Bank of India (RBI), the list of holidays for all states is different. A complete list of these holidays is given on the official website of RBI, in which complete details of different festivals and holidays are given according to the states.
All bank work will continue to be done online
Even though banks remain closed, customers will not face any problem. Even on holidays, people can complete all their work with the help of online banking. In today’s time, most of the bank’s services are available online. Therefore, even on holidays, you can complete many banking tasks sitting at home.
