Bank holiday next week: SBI, HDFC, others closed on these days between 18 and 24 May; check here

Private and public sector banks in India will observe two holidays next week, on May 23 and 24, as per RBI's schedule. Customers are advised to check local branches for specific holiday applicability, while online banking services remain available for transactions during these closures.

Sanchari Ghosh
Updated24 May 2026, 05:46 AM IST
India's Banks Closed for Two Days Next Week: May 23 and 24 Holidays Announced
India's Banks Closed for Two Days Next Week: May 23 and 24 Holidays Announced

Bank holidays next week: Private and public sector banks in India will remain closed for two days in the upcoming week between 18 and 24 May, 2026.

The Reserve Bank of India (RBI) has listed a total of nine holidays this month for all lenders, including the State Bank of India (SBI), HDFC Bank, ICICI Bank, and others. This include the weekend holidays for second Saturday, fourth Saturday, and all Sundays.

Unless a specific public or regional holiday is declared, banks typically remain open on the first, third and fifth Saturdays of each month.

Bank holidays this week: Check dates

Since banking is one of the most important services that people rely on, staying updated on bank holidays in India helps avoid delays in completing important branch work. Here's a list of holidays in the upcoming week:

May 23 (Saturday): Fourth Saturday – Banks across India will remain closed for regular operations due to the mandatory weekend holiday.

May 24 (Sunday) — Weekend holiday — Banks will remain shut for operations pan-India as it is a mandatory weekend holiday.

Also Read | Bank holiday today? Check if SBI, HDFC, PNB, other banks are open or closed

Bank holidays can vary from state to state, depending on regional and local observances. Therefore, it is best for users to check RBI's holiday list or with their local bank branch for the approved holiday schedule, in order to be prepared for emergencies or long holiday periods.

Bank holiday in May

Banks were closed on Friday, May 1, 2026, for May Day/Buddha Purnima, and will remain shut on Wednesday, May 27, 2026, for Bakrid/Eid al-Adha. Apart from these holidays, banks will also be closed on the second Saturday (May 9) and the fourth Saturday (May 23) and five Sundays.

Upcoming holidays in May

May 23 (Saturday): Fourth Saturday

May 24 (Sunday)

May 27 (Wednesday): Bakrid / Eid al-Adha

May 31 (Sunday)

When are banks usually shut?

Since bank holidays in India vary by state and are determined based on local festivals and observances, closures may not be uniform across the country. They depend on regional holidays as well as national holidays.

As per guidelines set by the RBI, all scheduled and non-scheduled banks shut operations pan-India on gazetted public holidays, along with the second and fourth Saturdays of every month and all Sundays.

Also Read | Bank holiday next week: Banks to remain closed on this day between 11 and 17 May

Online banking remains operational during holidays

Customers are also advised to check with their local bank branches for exact holiday applicability. Meanwhile, essential banking services remain operational nationwide despite the physical branch closures.

During bank holidays, online banking services remain available across the country to ensure uninterrupted access to banking services. Customers can use these services for convenient financial transactions.

An individual can use UPI or the respective bank's app to make payments and receive money from others. These services work round the clock, whether banks are open or not. Though, at times, it may be down due to scheduled maintenance during which the banks will notify you.

Additionally, fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms and chequebook forms.

Apart from those options, credit cards, debit cards, and ATM cards can also be obtained through card services. Services such as account maintenance forms, setting up standing instructions, and applying for a locker are also

About the Author

Sanchari Ghosh is an Assistant Editor at Mint with over 12 years of experience in journalism, specialising in personal finance, DLT & DeFi, geopolitics and foreign policy, with a particular emphasis on how these areas intersect. <br> She writes extensively about how money works in everyday life—helping readers navigate personal finance decisions. <br> As AI reshapes investing behaviour, capital is increasingly flowing into decentralized ecosystems, redefining how assets are managed, traded, and valued. She focuses on explaining how money flows within frameworks like Distributed Ledger Technology (DLT), DeFi protocols, and crypto markets—while also exploring what the future of money could look like in a trustless, programmable financial world. <br> She also focuses on immigration-related issues, simplifying complex topics around visas, passports, overseas financial planning, and the many practical challenges Indians face while moving or living abroad. <br> Alongside personal finance, Sanchari has a strong understanding of international politics, contemporary and historical conflicts, and global state decisions. She closely tracks how geopolitical developments influence economies, markets, and individual financial choices, bringing together finance and global affairs in her reporting. <br> She began her career as a desk editor, which gave her a strong foundation in news writing. Over time, her interest naturally shifted toward personal finance. Before joining Mint in 2020, she worked DNA, The Times of India, Outlook Money, BloombergQuint, and ETMoney. At Mint, she got an opportunity to expand her coverage to include immigration and geopolitical developments while continuing to closely follow personal finance trends and market movements.As a journalist, she is committed to accuracy, intellectual rigour, and fairness. <br> She is an English Major and her work took her across cities including Delhi, Mumbai, and Pune. Living independently from an early age gave her firsthand experience in managing life and money on her own. This practical exposure sparked her strong interest in personal finance. <br> Outside the newsroom, Sanchari is a sports enthusiast who regularly plays lawn tennis and squash. In her younger years, she was also a national-level badminton player.

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