Banks Open on May 31: If you’ve been putting off any important banking work, May 31, 2025, is your chance to get it done. Despite being the last Saturday of the month, banks across India are open today, and regular banking operations are underway.
This may come as a surprise to many who assumed that the final Saturday of the month would be a bank holiday. But here’s why that’s not the case — and what to expect in June 2025, including a long weekend of bank closures.
Why Are Banks Open on May 31?
Under the Reserve Bank of India (RBI) guidelines introduced in 2015, all banks are mandated to remain closed on the second and fourth Saturdays of every month, while staying open on the first, third, and fifth Saturdays.
Since May 2025 has five Saturdays, and May 31 is the fifth Saturday, banks are open today as per RBI’s rulebook. There is no blanket “last Saturday” holiday. This ensures consistency in banking operations and helps maintain a fair work-life balance for banking staff.
RBI’s Saturday Banking Rule – A Quick Recap
The RBI’s decision in 2015 aimed to address two main goals:
- Provide better work-life balance for bank employees.
- Ensure improved customer service through more predictable operations.
As per this mandate:
- 2nd and 4th Saturdays: Banks remain closed.
- 1st, 3rd, and 5th Saturdays: Banks remain open with normal working hours.
June 2025: Key Bank Holidays Across India
June will bring multiple bank holidays, including festivals, weekends, and regional observances. Here’s a detailed list of bank closures for the upcoming month:
| Date | Day | Occasion | Applicable Regions |
|---|---|---|---|
| 6 June | Friday | Id-ul-Ad’ha (Bakrid) | Kerala (Kochi, Thiruvananthapuram) |
| 7 June | Saturday | Bakrid (Id-Uz-Zuha) | Most states except Gujarat, Sikkim, Arunachal Pradesh, Kerala |
| 8 June | Sunday | Weekly Off | All states |
| 11 June | Wednesday | Kabir Jayanti / Saga Dawa | Sikkim, Meghalaya |
| 14 June | Saturday | Second Saturday | All states (bank holiday) |
| 15 June | Sunday | Weekly Off | All states |
| 22 June | Sunday | Weekly Off | All states |
| 27 June | Friday | Rath Yatra / Kang Festival | Odisha, Manipur |
| 28 June | Saturday | Fourth Saturday | All states (bank holiday) |
| 29 June | Sunday | Weekly Off | All states |
| 30 June | Monday | Remna Ni (State Day) | Mizoram |
Expect a Long Banking Weekend in Mid-June
One of the key highlights of the June calendar is a long banking weekend from June 14 to June 16:
- 14 June: Second Saturday (bank holiday)
- 15 June: Sunday (weekly holiday)
- 16 June: Kabir Jayanti (observed in multiple regions)
Customers are advised to plan their financial activities in advance, especially if you are expecting important services like loan approvals, document submissions, or cheque clearances.
Why It Matters: Stay Ahead, Avoid Last-Minute Hassles
Understanding RBI’s banking schedule helps avoid last-minute runs to the bank or delays in crucial financial transactions. With increased digital banking, many services can be handled online, but for cash transactions, demand drafts, locker visits, or KYC updates — knowing bank working days is essential.
