india employmentnews

Bank Holidays Next Week: SBI, HDFC and Other Banks to Remain Closed on These Days

 | 
DF

Customers planning to visit bank branches next week should check the holiday calendar in advance, as several public and private sector banks across India are scheduled to remain closed due to festivals and weekly holidays. According to the official holiday schedule released by the Reserve Bank of India (RBI), banking operations in many states will remain affected during the last week of May 2026.

Major banks including State Bank of India (SBI), HDFC Bank, and other financial institutions are expected to observe closures depending on local holidays and regional festival schedules.

People with important banking work are being advised to complete branch-related tasks in advance to avoid inconvenience.

Banks to Remain Closed on May 27 for Bakrid

One of the major bank holidays next week falls on Wednesday, May 27, due to Eid al-Adha (Bakrid).

Banks in most Indian states are expected to remain closed on the occasion. However, holiday applicability may vary slightly depending on regional RBI schedules and state-specific observances.

Bakrid is one of the most significant festivals in the Islamic calendar and is observed widely across the country.

Banks Also Closed on May 31

Apart from the festival holiday, banks across India will also remain closed on Sunday, May 31, due to the regular weekly holiday.

As May 31 falls on the fifth Sunday of the month, all public and private banking institutions will remain shut nationwide.

Important Note About Regional Bank Holidays

Bank holidays in India are not always uniform across all states.

The RBI prepares holiday calendars based on:

  • National holidays
  • Religious festivals
  • Regional celebrations
  • State-specific observances
  • Weekly offs

Because of this, certain bank holidays may apply only in selected states or cities.

Customers are advised to:

  • Check with their nearest branch
  • Visit the official RBI holiday calendar
  • Verify state-wise holiday notifications before planning visits

Total Bank Holidays in May 2026

According to RBI guidelines, banks observed a total of nine holidays during May 2026, including:

  • National holidays
  • Regional festival holidays
  • Second and fourth Saturdays
  • Weekly Sunday closures

Major Bank Holidays in May 2026

Date Occasion
May 1 May Day / Buddha Purnima
May 9 Second Saturday
May 23 Fourth Saturday
May 27 Bakrid / Eid al-Adha
May 31 Fifth Sunday

Banking Services That Will Continue During Holidays

Even though physical bank branches may remain closed, most digital banking services will continue functioning normally throughout the holiday period.

Online and Mobile Banking

Customers can continue using:

  • Net banking
  • Mobile banking apps
  • Balance checks
  • Fund transfers
  • Bill payments
  • Loan services

24 hours a day without interruption.

UPI Services Will Remain Active

Digital payment platforms such as:

  • Google Pay
  • PhonePe
  • Paytm

will continue operating normally during bank holidays.

Users can make:

  • UPI payments
  • Merchant transactions
  • QR code payments
  • Instant money transfers

without disruption.

ATM Services Will Function Normally

ATM services for:

  • Cash withdrawal
  • Cash deposit
  • Mini statements
  • PIN services

will remain available across the country.

NEFT and RTGS Services Still Available Online

Customers can also continue using online fund transfer systems such as:

  • NEFT
  • RTGS
  • IMPS

through internet and mobile banking platforms.

Additionally, many banks allow customers to:

  • Request cheque books
  • Apply for demand drafts
  • Access customer support services

digitally without visiting a physical branch.

Customers Advised to Plan Ahead

Experts recommend completing important offline banking tasks before the holiday dates, especially services that require branch visits, including:

  • Large cash deposits
  • KYC updates
  • Locker access
  • Document verification
  • Demand draft collection
  • Loan processing

Because banks may witness heavy customer traffic before holidays, early planning can help avoid delays and inconvenience.

With digital banking now widely accessible, most routine financial activities can still be completed seamlessly even when physical branches remain closed.