As the first month of the financial year ends, the Reserve Bank of India has recently released a list of bank holidays for the month of May 2023.
In May 2023, there will be a total of 12 bank holidays due to various festivals, jubilees, and other occasions, including weekends.
Here's a full list below:
Full List of Bank Holidays in May 2023
May 1 (Monday): May Day, Maharashtra Day
May 5 (Friday): Buddha Purnima – Delhi, Haryana, Maharashtra, Punjab, Uttar Pradesh, West Bengal, Uttarakhand, Assam, Bihar, Gujarat, Arunachal Pradesh, Chhattisgarh
May 7: Sunday
May 9 (Tuesday): Rabindranath Tagore’s birthday
May 13: Second Saturday
May 14: Sunday
May 16 (Tuesday): State Day – Sikkim
May 21: Sunday
May 22 (Monday): Maharana Pratap Jayanti – Gujarat, Haryana, Himachal Pradesh, Punjab, Rajasthan
May 24 (Wednesday): Kazi Nazrul Islam Jayanti – Tripura
May 27: Fourth Saturday
May 28: Sunday
Even though the banks will remain shut for 12 days, online internet banking services will be available as usual.
Customers will not be able to deposit and withdraw cash from the bank physically but the rest of the internet services can be availed without any inconvenience.