We depend on banks for several reasons. Banks are in fact an integral part of our personal, social, and professional lives. Banks make it very convenient to handle finances, save and grow money, safe keeping, borrow loans, and do financial transactions with individuals, organisations and enterprises. Therefore, very frequently we make use of banking services across different requirements in our daily lives.
Banks have started using sophisticated technology these days and most banking functions can happen online today both for individuals and businesses. Nevertheless, there are still some reasons why we visit banks in person. Such reasons we need to keep track of bank holidays so that we are not disappointed to see the banks closed during a crucial hour when we need them the most.
Understanding bank holidays in India needs a bit of information about how holidays are defined for banks. Majority of banks in India work under the auspices of the
Reserve Bank of India and hence their policies and holidays are regulated by
RBI. As per RBI policy, there are two kinds of holidays in India namely national and regional holidays. While national holidays are applicable throughout the country for all banks, the regional holidays apply to banks in some concerned states. In addition to these holidays, the other common bank holidays are Sundays, and second and fourth Saturdays.
Here is the complete
list of bank holidays in India for May 2022. For regional holidays, it is good to refer to the state holiday gazette.
Bank holidays in May 2022Date
| Day
| Holiday Description
| Applicable in States
|
1 May 2022
| Sunday
| Weekend holiday
| All over India
|
1 May 2022
| Sunday
| May Day / Maharashtra Day
| May Day holiday all over India / Maharashtra Day – Maharashtra
|
2 May 2022
| Monday
| Maharshi Parasuram Jayanti
| Many states
|
3 May 2022
| Tuesday
| Eid Ul Fitr, Basava Jayanti
| Idul Fitr National holiday / Basava Jayanti – Karnataka
|
4 May 2022
| Wednesday
| Eid Ul Fitr
| Telangana
|
8 May 2022
| Sunday
| Weekend Holiday
| All over India
|
9 May 2022
| Monday
| Guru Rabindranath Jayanti
| West Bengal and Tripura
|
13 May 2022
| Thursday
| Eid Ul Fitr
| National holiday
|
14 May 2022
| Saturday
| Second Saturday
| All over India
|
15 May 2022
| Sunday
| Weekend Holiday
| All over India
|
16 May 2022
| Monday
| State Day, Buddha Purnima
| Sikkim, Many states
|
22 May 2022
| Sunday
|
Weekend Holiday
| All over India
|
24 May 2022
| Tuesday
| Birthday of Kazi Nazrul Islam
| Tripura
|
28 May 2022
| Saturday
| Fourth Saturday
| All over India
|
29 May 2022
| Sunday
| Weekend Holiday
| All over India
|
You can do most banking functions online without visiting banks. For emergency cash requirements, all banks operate ATMs 24X7. However, mark these bank holidays in your calendar so that you can plan your bank visits without any disruptions.
