Bank Holiday 29 May: Why Banks Are Shut in THIS State Today

Bank Holiday 2025: Bank branches in Shimla will remain closed today, May 29, 2025, in observance of Maharana Pratap Jayanti, according to the official RBI holiday calendar.

However, it's important to note that bank holidays vary by state and occasion. Not all states observe the same holidays, and banks are not closed nationwide on every listed day. For example, while banks in Agartala will remain shut for Kazi Nazrul Islam's birthday, other states will not observe a bank holiday for the same.

List of Major Bank Holidays in May 2025:

May 1 - Maharashtra Day / Labour Day

May 7 - Panchayat Elections 2025

May 9 - Rabindranath Tagore's Birthday

May 12 - Buddha Purnima

May 16 - State Day

May 26 - Birthday of Kazi Nazrul Islam

May 29 - Maharana Pratap Jayanti

The Reserve Bank of India categorizes holidays under three types:

Holiday under the Negotiable Instruments Act

Holiday under Negotiable Instruments Act & RTGS Holiday

Banks' Closing of Accounts

Banking holidays are notified based on local customs, festivals, or government declarations, and are not universally observed across all banks or regions.