Overview
- Banks across India will be closed on May 23, the fourth Saturday, and May 24, the weekly Sunday holiday, under the Reserve Bank of India’s schedule.
- Digital options such as UPI, internet and mobile banking, and ATMs are expected to work during the closures, though brief maintenance windows can still interrupt service.
- Counter-based tasks will pause during the shutdown, including cash deposits and withdrawals at branches, cheque clearing, demand drafts, passbook updates, loan paperwork, and account opening with KYC checks.
- Recent state-only closures, such as Sikkim’s State Day, show that local holidays can shut branches in one state even when banks operate normally elsewhere.
- Several states also list May 27 for Bakrid/Eid al-Adha, so branch availability that day will depend on local notifications under the RBI holiday framework.