In May 2024, be prepared for some scheduled bank closures across India. These closures are not just about resting on weekends; they’re influenced by significant events like May Day and Lok Sabha elections. Let’s break down the days when banks will be closed:
1. May 1: Many major cities will see banks closed for May Day celebrations. Additionally, Mumbai, Nagpur, and Belapur will observe Maharashtra Day.
2. May 7: Bank holidays in Ahmedabad, Panaji, Bhopal, and Raipur due to Lok Sabha election voting.
3. May 8: Kolkata banks will remain shut to honor Rabindranath Tagore’s birth anniversary.
4. May 10: Bengaluru will have a bank holiday for Basava Jayanti.
5. May 13: Srinagar banks will remain closed due to Lok Sabha elections.
6. May 16: Gangtok will observe a bank holiday for State Day celebrations.
7. May 20: Mumbai and Belapur banks will close again due to Lok Sabha elections.
8. May 23: Major cities will observe Buddha Purnima.
9. May 25: Banks in Agartala and Bhubaneshwar will be closed for the Lok Sabha elections.
Remember, banks are also closed on the second and fourth Saturdays, as well as on Sundays.
Understanding these closures can help you plan your banking activities efficiently. Keep in mind that the Lok Sabha elections are happening in seven phases, with the last phase on June 1 and vote counting on June 4. Stay informed and plan ahead!