SOURCE : NEW18 NEWS
Last Updated:May 17, 2025, 07:00 IST
With May 2025 having five Saturdays, this means that while May 24 (the fourth Saturday) will be a bank holiday, both May 17 and May 31 will be regular working Saturdays.
May 24 will be a holiday.
There’s a question echoing in the minds of many people – will banks be closed on Saturday, May 17? For those wondering about bank closures this weekend, the answer is no. Banks across India will be open for regular services this Saturday, as it falls in the third week of the month, which is a regular working day for banks nationwide. It is worth noting that this Saturday comes after an extended weekend holiday for many states due to Buddha Purnima. The festival led to the bank’s closure from Saturday to the following Monday. However, this week follows the regular banking schedule.
According to the Reserve Bank of India (RBI) holiday calendar, banks in India observe holidays on the second and fourth Saturdays of every month, as well as all Sundays. With May 2025 having five Saturdays, this means that while May 24 (the fourth Saturday) will be a bank holiday, both May 17 and May 31 will be regular working Saturdays.
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It’s important to remember that even on bank holidays, essential online banking services remain operational. Customers can continue to use net banking, mobile banking platforms, UPI, and ATM services for tasks such as checking account balances, transferring funds, and other basic banking needs at any time.
While banks will be open this Saturday, it’s advisable to plan and complete any necessary in-person banking transactions before or after the upcoming regional holidays in May to avoid any inconvenience.
Full List of Bank Holidays In May 2025
The RBI has announced the following holidays for the remainder of the month:
May 16: Sikkim State Day in Sikkim
May 26: Tripura will observe a holiday to mark the birth anniversary of Kazi Nazrul Islam
May 29: Maharana Pratap Jayanti holiday in Himachal Pradesh
While these regional holidays have been announced by the RBI in advance, customers planning to visit their local bank branches on these dates are advised to confirm with their nearby branch to avoid any inconvenience due to these holidays. However, for the majority of the country, banking services will be available as usual this Saturday, May 17.
- Location :
Delhi, India, India
- First Published:
May 17, 2025, 07:00 IST