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Bank Holidays in May 2024 in Maharashtra

In May, banks in Maharashtra will remain closed for more than 5 days. Apart from regular bank holidays i..e Sundays and second and fourth Saturdays, banks in Maharashtra will remain closed on May 23 on account of Buddha Purnima.

  • May - 2024

    • SUN
    • MON
    • TUE
    • WED
    • THU
    • FRI
    • SAT
    • 1
      Maharashtra Day
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
    • 8
    • 9
    • 10
    • 11
      Second Saturday Bank Holiday
    • 12
    • 13
    • 14
    • 15
    • 16
    • 17
    • 18
    • 19
    • 20
    • 21
    • 22
    • 23
      Buddha Purnima
    • 24
    • 25
      Fourth Saturday Bank Holiday
    • 26
    • 27
    • 28
    • 29
    • 30
    • 31
Date & Month Day Holiday
May 1 Wednesday Maharashtra Day
May 11 Saturday Second Saturday Bank Holiday
May 23 Thursday Buddha Purnima
May 25 Saturday Fourth Saturday Bank Holiday
Month Wise Bank Holiday in Maharashtra
January February March
April May June
July August September
October November December

Apart from gazetted holidays as mentioned in the RBI Holiday calendar, there are several regional holidays when banks remain closed in several states. Bank holidays are not the same everywhere and differ from one state to another. For example, if May 23 is a bank holiday for Maharashtra it does not mean banks in other states will also remain closed on this date.

May Day in Maharashtra marks the International Workers Day.

Mumbai, known as the financial center of India, is the capital of Maharashtra. It is India's second-most populous state and third-largest state by area. Bank holidays in Maharashtra include Chhatrapati Shivaji Maharaj Jayanti, Gudi Padwa, and Maharashtra Day.

If you have never thought of vacationing in Maharashtra then you can visit the state on a bank holiday in Maharashtra. Some of the famous places in Maharashtra are Mumbai, Pune, Nagpur, Mahabaleshwar, Lonavala, Khandala, Matheran, Ajanta and Ellora caves, and Panchgani.

Bank Holidays in Maharashtra during May

All the banks in Maharashtra will remain closed on the above-mentioned days. The banks will not perform the usual functioning on these days. All the banks including Axis Bank, Dhanlaxmi Bank, City Union Bank, and Indian Bank will remain closed on the bank holidays.

In May, banks in Maharashtra will remain closed for Six days, These include:

May 23- Buddha Purnima (Thursday)
May 11- Saturday
May 12 - Sunday
May 19- Sunday
May 25- Saturday
May 26- Sunday

Mayday is a celebration for working people all over the world. It is a day when workers get together and showcase their strengths which indicates how they can struggle to bring in positive reforms for the working class of society.

The day is also celebrated as the day for protests in India and even around the globe. The men and women from the working class will participate in the processions to defend their rights and safeguard their interests.

The banks will remain closed on the above-mentioned days in the state of Maharashtra. The second week and the fourth week of Saturday is a major Central government holiday declared under the Negotiable Instruments Act. On these days all the nationalized, public and private sector banks will remain closed.

Maharashtra Din: It is also commonly known as Maharashtra Diwas. It is a state holiday in Maharashtra. It commemorates the formation of the state of Maharashtra from the division of the Bombay State on May 1, 1960. The day is commonly associated with parades, political speeches, and ceremonies. Every year the Government of Maharashtra issues a notification declaring May 1st to be a public holiday as it will be celebrated as Maharashtra Day. This holiday applies to all the schools, offices, and companies under the jurisdiction of the state and the central government celebrate this day by organizing various programs.

The States Reorganization Act of 1956, defined boundaries for the states within India by language. The Bombay state was formed as a consequence of this act. It was composed of different areas where different languages were spoken: Marathi, Gujarati, Kutchi, and Konkani. The Sanyukta Maharashtra Samiti was at the forefront of the movement to divide the Bombay State into two states – one comprising of the areas where people primarily spoke Gujarati and Kutchhi and the other one where people mainly spoke Marathi and Konkani. The state of Maharashtra and Gujarat were formed as a result of this movement according to the Bombay Reorganization Act of 1960.

Every year a parade will be held at Shivaji Park where the Governor of Maharashtra addresses the gathering.

Liquor sales to Indians will be prohibited on this day across Maharashtra, which excludes Foreigners.

Buddha Purnima: It marks the birthday of Gautama Buddha, the founder of Buddhism. The government of Maharashtra has declared a holiday on the occasion of Buddha Pournima. It is also called Vesak day.

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