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Bank Holidays in May 2021: Banks to remain closed 12 Days in May- Check the complete list here

List of Bank Holidays in May 2021

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Bank Holidays in May 2021- According to the RBI’s website, private and public banks in India will remain shut for 12 days in May 2021, which also includes 5 Sundays and 2 Saturdays.

List of Bank Holidays in May 2021

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As per the bank holiday calendar issued by RBI, banks in most states will remain shut on May 14 on account of Eid-ul-Fitr. Besides this, some banks will also observe holidays on Akshaya Tritiya, Labour days, Buddha Pournima, Id-ul-Fitr, and Jumat-ul-Vida. Here is the list of Bank Holidays in May 2021.

S. No. Date Day Festival/Holidays
1 May 1, 2021 Saturday Maharashtra Din/May Day(Labour Day)
2 May 7, 2021 Friday Jumat-ul-Vida
3 May 13, 2021 Thursday Ramzan Id (Id-Ul-Fitr)
4 May 14, 2021 Friday Bhagvan Shree Parshuram Jayanti/Basava Jayanti/Akshaya Tritya
5 May 26, 2021 Wednesday Buddha Pournima
List of Bank Holidays in May 2021

Also Read- RBI Monetary Policy- Repo Rate Unchanged, FY 2022 GDP growth outlook retained at 10.5%

Banks Weekly off in May 2021:- Apart from the above, there will be a total of 5 Sundays and 2 Saturdays on which the bank will remain closed.

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Saturdays and Sundays in May 2021
2nd May- Sunday
8th May Second Saturday
9th May- Sunday
16th May Sunday
22nd May- Fourth Saturday
23rd May- Sunday
30th May- Sunday

It must be noted that the bank holidays are not observed in all the states and they vary as per the specific state or region. Only Gazetted holidays are observed by banks all over the country.

Also Read-

🎯List of Stock Market Holidays in 2021: Is the Share Market Closed Today?

Frequently asked questions (FAQs)

  1. How many bank holidays are there in 2021?

    There are more than 40 days in 2021 when banks will remain closed. Except for these holidays, some holidays will vary in different states and will also depend on certain state-specific festivals.

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    Full Details- https://newtaxroute.com/list-of-bank-holidays-in-2021-in-india.html

  2. How many days will May have in 2021?

    There are total 30 days in May 2021.

  3. How many days banks are closed in May 2021?

    According to the RBI’s website, private and public banks in India will remain shut for 12 days in May 2021, which also includes 5 Sundays and 2 Saturdays. Banks in most states will remain shut on May 14 on account of Eid-ul-Fitr. Besides this, some banks will also observe holidays on Akshaya Tritiya, Labour days, Buddha Pournima, Id-ul-Fitr, and Jumat-ul-Vida

  4. Is May 1st, 2021 a Bank holiday?

    Yes, on May 1st 2021, banks will remain closed on the event of Maharashtra Din and May Day(Labour Day).

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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.

Feedback/Suggestion- Hope you all find it useful, please give your valuable feedback & let us know if there is an error. Thanks in Advance

This post was last updated on May 1, 2021 12:32 PM

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