Bank Holidays in May 2023: Banks to remain shut for 11 days including weekends. Check list 

Bank holidays in May: Banks will be shut in India for 11 days including all four Sundays and second and fourth Saturdays in May 2023. May 2023 has holidays like Maharashtra Day/May Day, Buddha Purnima, Rabindranath Tagore's birthday, and Maharana Pratap Jayanti. 

Customers are advised to plan their bank work in advance since bank holidays are not applied universally across states and union territories as certain holidays are marked as national public holidays whereas others are state-specific. 

Bank holidays in 2023

Banks will remain shut in states like Maharashtra, Karnataka, Assam, Kerala, Andhra Pradesh, Bengal, Tamil Nadu, Bihar, and Goa on May 1. Banks will be closed in New Delhi, Uttar Pradesh, Chandigarh, Madhya Pradesh, Jammu, Bengal, Chhattisgarh, Jharkhand, Tripura, Mizoram, and Himachal Pradesh on May 5 due to Buddha Purnima. Banks will also remain closed in select states on May 9, May 16, and May 22. 

May bank holidays list 

RBI bank holidays 

The Reserve Bank of India classifies bank holidays under three categories-- Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. 

Also read: EAM Jaishankar unlikely to meet Pakistan FM Bilawal Bhutto at SCO Summit: Report

Also read: Revenge, drugs, jail: How a bizarre plot landed a Bollywood actress in Sharjah prison