Bank holidays in May 2022: Here is the checklist of holidays

Bank holidays in May 2022: Banks are prone to be shut for 4 days in the course of the month of May 2022, as per the small print out there in Reserve Bank of India’s (RBI) web site. While there are some financial institution holidays that shall be noticed throughout the nation, there are a couple of that are going to be state/region-specific.

The RBI has given the dates on which banks shall be shut in May 2022. The central financial institution categorises banking holidays within the following method:

Holiday underneath Negotiable Instruments Act.
Holiday underneath Negotiable Instruments Act and Real-Time Gross Settlement Holiday.
Banks’ Closing of Accounts.
List of financial institution holidays in May 2022

May 2: Ramjan-Eid (Eid-UI-Fitra). Banks in Kochi and Thiruvananthapuram shall be closed.

May 3: Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya. Banks in most locations shall be shut besides Kochi and Thiruvananthapuram.

May 9: Birthday of Rabindranath Tagore. Banks in Kolkata shall be shut.

May 16: Buddha Purnima. Banks in Agartala, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar shall be closed.

Apart from these abovementioned holidays, banks may even be shut on second and fourth Saturdays and all Sundays. However, it should be famous that regardless of these financial institution holidays account holders can use internet banking and cellular banking to do a few of their financial institution work.