Banks Closed News : As May begins, bank customers across India are advised to take note of a fresh round of bank holidays. With banks set to remain shut for two consecutive days starting tomorrow in many states, it’s crucial to check the full list of holidays to avoid any inconvenience. Whether you’re planning to visit your local branch for cash deposits, withdrawals, or document processing, being aware of these closures will help you plan accordingly.
Banks Closed News : Why Are Banks Closing for 2 Consecutive Days?
In the first week of May, several states will observe back-to-back bank holidays due to regional festivals, official observances, and regular weekend offs. These holidays are declared by the Reserve Bank of India (RBI) under three categories:
- Holiday under Negotiable Instruments Act
- Holiday under Real Time Gross Settlement Holiday
- Banks’ Closing of Accounts
The upcoming closures are a mix of regional celebrations and national observances, resulting in two-day shutdowns in certain locations.
Bank Holiday List for May 2025 – Region-Wise Table
Here is a detailed table highlighting key bank holidays in May 2025 across major Indian states. Please note that these dates may vary slightly depending on the region:
| Date | Day | Holiday Name | Applicable States/UTs |
|---|---|---|---|
| May 1 | Thursday | Maharashtra Day / Labour Day | Maharashtra, Tamil Nadu, Karnataka |
| May 2 | Friday | Basava Jayanti | Karnataka |
| May 7 | Wednesday | Rabindranath Tagore Jayanti | West Bengal |
| May 10 | Saturday | Second Saturday (Bank Holiday) | All India |
| May 11 | Sunday | Weekly Off | All India |
| May 15 | Thursday | Buddha Purnima | Delhi, UP, Bihar, Jharkhand, etc. |
| May 24 | Saturday | Fourth Saturday (Bank Holiday) | All India |
| May 25 | Sunday | Weekly Off | All India |
Two-Day Bank Closures in These States
Based on the table above, here are the dates where banks will be closed for two days straight:
- May 1 & 2: Banks will remain closed in Karnataka and Maharashtra for Maharashtra Day and Basava Jayanti.
- May 10 & 11: Second Saturday and Sunday – banks closed nationwide.
- May 24 & 25: Fourth Saturday and Sunday – banks closed nationwide.
Essential Services That Remain Available
Even during bank closures, many digital and ATM-based services continue uninterrupted. Here’s what you can still access:
- ATM withdrawals and deposits
- Internet banking
- Mobile banking apps
- UPI payments and fund transfers
- SMS and email alerts for account activity
Tips to Manage Banking During Holidays
To avoid last-minute stress, follow these simple steps:
- Complete important transactions a day prior to the holiday.
- Withdraw necessary cash in advance.
- Schedule NEFT/RTGS transfers before the weekend or holiday.
- Use online banking or mobile apps for non-cash services.
- Set reminders for EMI payments and credit card dues.
RBI Guidelines on Bank Holidays
The Reserve Bank of India releases an official list of holidays for each calendar year, categorized into:
- Holidays under the Negotiable Instruments Act
- Holidays under the Real-Time Gross Settlement (RTGS) system
- Bank closing of accounts
These guidelines ensure that while physical bank branches remain closed, digital infrastructure is maintained and monitored.
Full List of All India Bank Holidays – May 2025
| Week | Date | Day | Holiday |
|---|---|---|---|
| Week 1 | May 1 | Thursday | Maharashtra Day / Labour Day |
| Week 1 | May 2 | Friday | Basava Jayanti (Karnataka only) |
| Week 2 | May 7 | Wednesday | Rabindranath Tagore Jayanti |
| Week 2 | May 10 | Saturday | Second Saturday Bank Holiday |
| Week 2 | May 11 | Sunday | Regular Weekly Off |
| Week 3 | May 15 | Thursday | Buddha Purnima |
| Week 4 | May 24 | Saturday | Fourth Saturday Bank Holiday |
| Week 4 | May 25 | Sunday | Regular Weekly Off |
With two-day bank closures happening in various parts of India starting tomorrow, it’s best to stay informed and prepared. Utilize digital platforms for urgent needs and avoid heading to the branch during holidays. Always refer to the RBI’s official calendar or your bank’s website for the most accurate and updated information. If you have any major transactions or documentation pending, get them done before the holiday period kicks in.
The holiday dates mentioned above are subject to change based on local government notifications or specific bank branches. Please check with your local branch or the official RBI portal for final confirmation.
Join
Join