Bank Holiday–RBI Announces Closure of SBI, HDFC and All Banks Next Week, Save the Dates

Bank Holidays: A significant update has come to light regarding bank holidays in the upcoming days. If you have any crucial banking tasks to handle next week, this information is very important for you. Both government and private banks will be closed in several states during the last week of May, specifically from May 25th to 31st.

As per the official holiday list from the Reserve Bank of India (RBI), banks will be shut next week due to various festivals and weekly holidays. To prevent any inconvenience, make sure to check the complete holiday list and plan your visits to the bank branches ahead of time.

When will banks be closed next week?

During this final week of May, banks will be closed on the following days across different regions of the country:

May 27 (Wednesday): Most states will see banks closed in celebration of Bakrid / Eid al-Adha.

May 31 (Sunday): Banks nationwide will be closed for the weekly holiday.

For your kind information, Bank holidays in India are based on state-specific festivals and local celebrations. Hence, some regional holidays may not be applicable in all states. It’s advisable to check with your nearest branch or visit the RBI website for more information.

How many holidays were there in May 2026?

According to RBI guidelines, there were a total of 9 holidays planned for the entire month of May 2026. This includes both national and regional festivals, along with the second and fourth Saturdays and all Sundays:

May 1 (Friday): May Day / Buddha Purnima

May 9: Second Saturday

May 23: Fourth Saturday

May 27 (Wednesday): Bakrid

May 31: 5th Sunday of the month

These essential tasks will continue even if the banks are closed.

Despite the closure of bank branches next week, customers need not be concerned. In this digital era, numerous financial services are accessible 24/7:

Online and Mobile Banking: You can transfer money or access other banking services anytime through net banking and mobile applications.

UPI Payments: Transactions and payments via platforms like Google Pay, PhonePe, or Paytm will proceed as usual, 24×7, without any interruptions.

ATM Services: ATM machines will remain fully operational for cash withdrawal or deposit.

NEFT/RTGS/Check Book: You can submit a fund transfer request via NEFT or RTGS online. You can also apply for a new checkbook or demand draft through the app.