Bank Holidays 2022: The list of bank holidays for May has expired. Banks will remain closed for 4 days of the month, but online banking will remain open 24×7. Check out the list here.
Bank Holidays 2022: Banks play a very important role in financial processing. From depositing money, updating passbooks to transferring amounts and more, you need to go to the nearest bank branches to do some banking. To get your banking related work done hassle-free and on time, you need to know the list of bank holidays. May is about to start, so you need to plan your work accordingly. The Reserve Bank of India (RBI) has released the list of bank holidays and according to the RBI Bank Holidays list, banking activities will remain affected for 4 days in May, excluding including weekends (Saturday and Sunday Monday and Wednesday).
However, it should be noted that online banking or online banking will remain open 24×7, even on days when the bank is still closed. However, since not all banking activities can be completed with the help of online banking, you may have to visit the nearest bank branch. According to information provided by RBI, bank holidays in May fall into three categories – Holidays under the Bargaining Instruments Act; Holidays under the Negotiating Instruments Act and Real-time Billing Holidays; and Closing of accounts by banks.
In addition, some holidays are national in nature and others are regional in nature. While, on certain days, banks will only close in a few cities. So, if you have any banking work pending or planning to do in May then check out the list of May bank holidays here:
Bank holidays in May 2022
1. May 2, 2022: Banks will remain closed on May 2 due to Ramjan-Eid (Eid-UI-Fitra) in Kochi and Thiruvananthapuram.
2. May 3, 2022: Banks will remain closed on the occasion of Bhagvan Shree Parshuram Jayanti / Ramjan-Eid (Eid-UI-Fitra) / Basava Jayanti / Akshaya Tritiya in all parts of the country except Kochi and Thiruvananthapuram.
3. May 9, 2022: Banks will remain closed on Rabindranath Tagore’s Birthday in Kolkata.
4. May 16, 2022: Banks will remain closed on Purnima in Agartala, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.
In addition to the dates mentioned above, banks will also be closed on May 14, 2022 and May 28, 2022 due to Mondays and Wednesdays and on 1, 8, 15, 22 and May 29 because of Sunday.
