Bank: Will banks be open and closed on Saturday, May 31? Know the thoughts

Banks across India are open today, Saturday, May 31, as it marks the fifth Saturday of the month. According to the Reserve Bank of India's (RBI) guidelines, banks operate on the first, third, and fifth Saturdays, while remaining closed on the second and fourth Saturdays and all Sundays.

Bank Holidays Beyond Weekends

In addition to weekends, banks also remain closed for national, regional, and religious holidays. These observances vary by state, so customers are advised to check with their local bank branches for the specific holiday calendar before planning a visit.

When Is the Next Bank Holiday?

The next official bank holiday falls on Sunday, June 1, 2025. As per standard practice, all banks across the country will be closed on Sundays.

Upcoming Bank Holidays in June 2025

Banks in India are expected to be closed for five additional days in June 2025, excluding weekends. Here is a state-wise list of the upcoming bank holidays:

• June 6 (Friday): Id-ul-Ad’ha (Bakrid) — Banks closed in Kerala

• June 7 (Saturday): Bakrid (Id-Uz-Zuha) — Banks closed across India

• June 11 (Wednesday): Sant Guru Kabir Jayanti / Saga Dawa — Banks closed in Sikkim and Himachal Pradesh

• June 27 (Friday): Ratha Yatra / Kang (Rathajatra) — Banks closed in Odisha and Manipur

• June 30 (Monday): Remna Ni — Banks closed in Mizoram

What to Do When Banks Are Closed?

If your local bank branch is closed, you can continue using online and digital banking services for a wide range of transactions. These services include:

• Fund transfers via NEFT, RTGS, or IMPS

• Requesting demand drafts or cheque books

• Accessing credit, debit, or ATM card services

• Managing accounts, setting up standing instructions, or applying for lockers

Customers are encouraged to utilize internet banking or mobile banking apps for seamless service during bank holidays.