Bank holiday: Are banks in India open or closed today, May 17?

Banks in India are open today as it is the third Saturday. The Reserve Bank of India lists holidays, including six for May.

Updated on: May 17, 2025, 11:27:21 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

Weekends are when most people finally find the time to run errands, including visiting the bank. But with frequent national and regional holidays, and banks staying shut on some Saturdays, it’s easy to lose track. If you are wondering whether banks are open today, here’s a quick reminder: according to the Reserve Bank of India, all banks remain closed on the second and fourth Saturdays of every month.

Banks are open on the first and third Saturdays of each month, whereas the second and fourth Saturdays are bank holidays according to RBI. (Representative Image)

The RBI also puts out a holiday list so you can plan your bank visits without any last-minute surprises.

Are banks open on 17 May?

Banks will remain open today as it is the third Saturday, resulting in banks operating at regular working hours.

Upcoming bank holidays in May 2025

The list of bank holidays announced by RBI includes:

18 May (Sunday) - weekly off

24 May (Saturday) — Weekly off due to the fourth Saturday

25 May (Sunday) — Weekly Off

26 May (Monday)- On the account of the Birthday of Kazi Nazrul Islam

29 May (Thursday)- On the account of Maharana Pratap Jayanti

On May 26, banks in only Agartala will remain closed, while banks in other states will remain open. Similarly, for May 29, banks in Shimla will remain closed for Maharana Pratap Jayanti.

RBI publishes a list of Bank holidays for each month on the official website. There are three categories of bank holidays- Negotiable Instrument Act, Real-Time Gross Settlement (RTGS) holidays and banks’ closing of accounts. Also the bank holidays differ in every state according to the festivals. A total of six holiday have been designated during the month of May.

During the bank holiday, customers will not be able to conduct transactions related to cheques and promissory notes as these come under the Negotiable Instruments Act. Meanwhile, the customers will still be able to access the digital banking services through Net banking and the ATM will also remain functional. Fund transfers can be initiated using the online banking facilities. Other services, such as card usage, account management, and setting up standing instructions, can also be done online.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Get the latest India News, breaking headlines and real-time updates from across the country. Stay informed about politics, government policies, crime, weather and major national developments.