Labor Day is on 1st May. Will banks remain closed on this occasion? Let us tell you that on May 1, due to Labor Day and Maharashtra Day, banks will remain closed in many states of the country. In the list of holidays of Reserve Bank of India (RBI), May 1 has been declared as bank holiday. According to the holiday calendar schedule of the Reserve Bank of India, banks will remain closed for 14 days in May 2024. This includes Sunday and second and fourth Saturdays.
- May 1: Banks will remain closed on the occasion of Maharashtra Day and International Labor Day. Banks will remain closed on this occasion in Tamil Nadu, Assam, Andhra Pradesh, Telangana, Manipur, Kerala, Maharashtra, Karnataka, Bengal, Goa and Bihar.
- May 5: Karan will remain closed on Sunday.
- May 7: Lok Sabha General Elections 2024 (Tuesday) – Banks will remain closed in Gujarat, Madhya Pradesh, Goa.
- 8 May: Rabindranath Tagore’s birthday (Wednesday) – Banks will remain closed in Bengal.
- May 10: Basava Jayanti/Akshay Tritiya – Banks will remain closed in Karnataka.
- May 13: Lok Sabha General Elections 2024-(Tuesday)- Will remain closed in Srinagar.
- 16 May: State Day – (Thursday) – Banks will remain closed in Sikkim.
- May 20: Lok Sabha General Election 2024-(Monday)- Banks will remain closed in Maharashtra.
- May 23: Buddha Purnima (Thursday) – Banks will remain closed in Tripura, Mizoram, Madhya Pradesh, Chandigarh, Uttar Pradesh, Arunachal Pradesh, Jammu, Lucknow, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, Srinagar.
- May 25: Nazrul Jayanti/Lok Sabha General Election 2024 (4th Saturday) – Banks will remain closed in Tripura, Orissa.
Banks will remain closed on the following days in May:
Banks will remain closed on Maharashtra Day, Labor Day, Basava Jayanti/Akshay Tritiya, Lok Sabha General Election 2024, Lok Sabha General Election 2024, Rabindranath Tagore’s Birthday, State Day, Buddha Purnima and Nazrul Jayanti. Let me tell you that banks do not remain closed for a day in all states. According to the Reserve Bank of India (RBI), the list of holidays for all states is different.
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