The Reserve Bank of India holiday calendar list indicates that banks in India will be closed for up to 12 days in May 2023, including Sundays and the second and fourth Saturdays.
Bank holiday on May 1
Banks are closed in Karnataka, Maharashtra, Tamil Nadu, Assam, Andhra Pradesh, Telangana, Kerala, Bengal, Goa, and Bihar on the occasion of Maharashtra Day, May Day. For other states, it will be a regular working day.
May Day
International Workers’ Day, also known as Labour Day in some countries and sometimes referred to as May Day, is an annual celebration of labourers and the working classes supported by the international labour movement that takes place on May 1, or the first Monday in May.
Maharashtra Day
Maharashtra Day, also known as Maharashtra Din, is a public holiday in the Indian state of Maharashtra that commemorates the establishment of the state of Maharashtra in India.
The month of May has some popular occasions like Maharashtra Day/May Day, Buddha Purnima, Birthday of Rabindranath Tagore, State Day and Maharana Pratap Jayanti due to which banks will be closed across respective states. The second and fourth Saturdays are also designated holidays.
May bank holidays in May 2023: Full list here
May 2: Tuesday- Municipal Corporation Elections, 2023- Shimla
May 5 (Friday)- Buddha Purnima: Tripura, Mizoram, Maharashtra, Madhya Pradesh, Chandigarh, Uttarakhand, Jammu, Uttar Pradesh, Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh.
May 9 (Tuesday)- Birthday of Rabindranath Tagore: Bengal
May 16 (Tuesday)- State Day: Sikkim
May 22 (Monday)- Maharana Pratap Jayanti: Himachal Pradesh.
According to the Reserve Bank of India bank holidays are categorised under these heads;
- Holiday under Negotiable Instruments Act
- Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday
- Banks’ Closing of Accounts.
May bank holiday list
| May-23 | 1 | 2 | 5 | 9 | 16 | 22 |
| Agartala | • | |||||
| Ahmedabad | ||||||
| Aizawl | • | |||||
| Belapur | • | • | ||||
| Bengaluru | • | |||||
| Bhopal | • | |||||
| Bhubaneswar | ||||||
| Chandigarh | • | |||||
| Chennai | • | |||||
| Dehradun | • | |||||
| Gangtok | • | |||||
| Guwahati | • | |||||
| Hyderabad – Andhra Pradesh | • | |||||
| Hyderabad – Telangana | • | |||||
| Imphal | • | |||||
| Jaipur | ||||||
| Jammu | • | |||||
| Kanpur | • | |||||
| Kochi | • | |||||
| Kolkata | • | • | • | |||
| Lucknow | • | |||||
| Mumbai | • | • | ||||
| Nagpur | • | • | ||||
| New Delhi | • | |||||
| Panaji | • | |||||
| Patna | • | |||||
| Raipur | • | |||||
| Ranchi | • | |||||
| Shillong | ||||||
| Shimla | • | • | • | |||
| Srinagar | • | |||||
| Thiruvananthapuram | • |
Holiday description
| Holiday Description | Day |
| Maharashtra Day/May Day | 1 |
| Municipal Corporation Elections, 2023 | 2 |
| Buddha Purnima | 5 |
| Birthday of Rabindranath Tagore | 9 |
| State Day | 16 |
| Maharana Pratap Jayanti | 22 |
