List of Bank Holidays in May 2020

Bank Holidays in May 2020: Banks in India will remain closed on the occasion of May Day, Buddha Purnima and Eid-ul-Fitr. Check the complete list of National and State-wise bank holidays in May 2020 below.
Created On: May 1, 2020 10:54 IST
Modified On: May 1, 2020 11:05 IST
Bank Holidays in May 2020
Bank Holidays in May 2020

In India, both public and private sector banks remain closed on all public holidays, National holidays and second and fourth Saturday’s of the month. In May 2020, banks will remain closed on the occasion of May Day, Buddha Purnima and Eid-ul-Fitr. In addition to these holidays, bank holidays vary from state to state and are closed on state-specific holidays too.

List of BSE holidays in 2020

The holidays which are announced by the Central Government are applicable to all the banks pan India while the holidays which are announced by the State Governments are applicable only to the banks of that particular state. 

The list of bank holidays helps a person in planning his future plans. A person will have prior information about the bank holidays and will skip going to banks for getting important work done on those days. 

Below is the complete list of National as well as state-specific holidays in the month of May 2020:  

Date Bank Holidays in May 2020 (National)
May 1, 2020 May Day
May 7, 2020 Buddha Purnima, Rabindranath Tagore Birthday
May 9, 2020 Second Saturday
May 23, 2020 Fourth Saturday
May 25, 2020 Eid-ul-Fitr

 

Date Bank Holidays in May 2020 (State Specific)
May 1, 2020 Maharashtra Day (Maharashtra)
May 16, 2020 Sikkim became part of India (Sikkim)
May 21, 2020 Shab-e-Qadr (Jammu and Kashmir)
May 22, 2020 Jamat-ul-Vida (Jammu and Kashmir)

This is the complete list of bank holidays for the month of May 2020. The first bank holiday list of May 2020 is for all the banks pan India and is declared by the Central Government. The second list is state-wise and is declared by the Governments of the respective states. The first list of bank holidays is applicable to all the banks in India while the second list of bank holidays is only applicable to the banks of those particular states. 

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