Despite the lockdown (scheduled to end on May 3rd) for COVID-19, banks are not closed, but opening hours may be limited. Most banks are currently being operated for only four hours between 10 am and 2 pm.
It is useful to know when then banks are closed, so you can plan any necessary transactions in advance and withdraw cash early to avoid empty ATMs.
This month there is the usual weekend holidays of all Sundays and every other Saturday, and a collection of holidays celebrated at a state level. In total, banking services are affected in some manner on 14 out of the 31 days in May 2020.
Here is the list of the bank holidays in May:
| Date | Day | Holiday | Regions |
|---|---|---|---|
| May 1st | Friday | International Labour Day Maharashtra Day | Nationwide Maharashtra |
| May 3rd | Sunday | Nationwide | |
| May 7th | Thursday | Buddha Purnima | Most states |
| May 8th | Friday | Birthday of Rabindra Nath Tagore | Tripura, West Bengal |
| May 9th | Saturday | Second Saturday | Nationwide |
| May 10th | Sunday | Nationwide | |
| May 16th | Saturday | Sikkim State Day | Sikkim |
| May 17th | Sunday | Nationwide | |
| May 23rd | Saturday | Fourth Saturday | Nationwide |
| May 24th | Sunday | Nationwide | |
| May 25th | Monday | Eid al-Fitr Maharana Pratap Jayanti | Most states |
| May 31st | Sunday | Nationwide |
Apart from the above, Jammu and Kashmir will observe two more holidays on May 21nd and 22nd on the occasion of Shab-E-Qadr and Jamat-ul-Vida. Odisha will observe Savitri Amavasya on May 22nd.
