India

Indian Bank Holidays in May 2020

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:

DateDayHolidayRegions
May 1stFridayInternational Labour Day
Maharashtra Day
Nationwide
Maharashtra
May 3rdSundayNationwide
May 7thThursdayBuddha PurnimaMost states
May 8thFridayBirthday of Rabindra Nath TagoreTripura, West Bengal
May 9thSaturdaySecond SaturdayNationwide
May 10thSunday Nationwide
May 16thSaturdaySikkim State DaySikkim
May 17thSunday Nationwide
May 23rdSaturdayFourth SaturdayNationwide
May 24th SundayNationwide
May 25thMondayEid al-Fitr
Maharana Pratap Jayanti
Most states
May 31stSundayNationwide

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.

Toby

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