Saturday Bank Holiday: Banks will remain closed on May 3? check the list of holidays

Bank Holiday on Saturday 3 May 2025: May 3, 2025 is the first Saturday of May and banks will remain open on this day. According to the rules of the Reserve Bank of India (RBI), banks are closed only on the second and fourth Saturdays of every month

Bank Holiday on Saturday 3 May 2025: May 3, 2025 is the first Saturday of May and banks will remain open on this day. According to the rules of the Reserve Bank of India (RBI), banks are closed only on the second and fourth Saturdays of every month. Whereas on the first, third and if there is a fifth Saturday, then banks are normally open on that day. Since May 3 is the first Saturday, all government and private banks will work on this day.

Avoid confusion about bank holidays

Many times people get confused about Saturday whether banks will be closed or not. But now you know that only two Saturdays of every month, second and fourth, are holidays. Apart from this, if you want to settle any important bank work in the month of May, then you can make a plan by looking at the list of holidays, so that you do not have to face any problem.

List of bank holidays according to states in May 2025

May 9 (Friday): Rabindranath Tagore Jayanti – Banks closed in Kolkata.

May 12 (Monday): Buddha Purnima – Banks closed in Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.

May 16 (Friday): State Day – Banks closed in Gangtok.

May 26 (Monday): Kazi Nazrul Islam Jayanti – Banks closed in Agartala.

May 29 (Thursday): Maharana Pratap Jayanti – Banks closed in Shimla.

Apart from this, banks will remain closed in May due to regular weekly holidays. These holidays will be closed on all Sundays i.e. 4, 11, 18 and 25 May. Apart from this, banks are going to remain closed on the second and fourth Saturdays on 10 and 24 May.

Stock markets will remain closed on May 1

Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will also remain closed on May 1 on account of Maharashtra Day, as both have their head offices in Mumbai.

Will online banking services be available?

Yes, during these holidays also, customers can transact money, make bill payments and use other digital services through UPI, IMPS, net banking and mobile banking apps. However, bank branches will not function, so customers are advised to complete important tasks in advance so that there is no problem.

The post Saturday Bank Holiday: Banks will remain closed on May 3? check the list of holidays first appeared on informalnewz.

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