Bank Holiday on May 1: Are Banks Open Today for Labour Day and Maharashtra Day? Check Full Details

Banks across several parts of India will remain closed today, May 1, 2025, in observance of Labour Day and Maharashtra Day (Maharashtra Din), as per the holiday calendar released by the Reserve Bank of India (RBI). However, online banking services will continue to operate as usual.

Why are Banks Closed on May 1?

Labour Day, also known as May Day or International Workers’ Day, is observed globally on May 1 to honor the contributions of workers and the labour movement. In India, this is a recognized public holiday in several states.

In addition, Maharashtra Day marks the formation of the state of Maharashtra on May 1, 1960, following the reorganization of the Bombay State. It is a state-specific holiday observed with various events and public programs.

Regions Where Banks Are Closed Today

On Thursday, May 1, 2025, banks will be closed in the following cities:

Belapur

Bengaluru

Chennai

Guwahati

Hyderabad (Andhra Pradesh & Telangana)

Imphal

Kochi

Kolkata

Mumbai

Nagpur

Panaji

Patna

Raipur

Thiruvananthapuram

Upcoming Bank Holidays in May 2025

Here’s a quick look at other bank holidays scheduled for May 2025:

May 9 (Friday) – Rabindranath Tagore’s Birthday

Banks in Kolkata will remain closed.

May 12 (Monday) – Buddha Purnima

Bank closures in: Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Ranchi, Shimla, Srinagar.

May 16 (Friday) – Sikkim State Day

Banks in Sikkim will be closed.

May 26 (Monday) – Kazi Nazrul Islam’s Birthday

Banks in Tripura will remain closed.

May 29 (Thursday) – Maharana Pratap Jayanti

Bank holiday in Himachal Pradesh.

What Services Are Available on Bank Holidays?

Even on bank holidays, customers can access most digital services:

Online and Mobile Banking – Balance checks, transfers, bill payments, and more.

Fund Transfers – NEFT, RTGS, and IMPS services are operational.

ATM and Card Services – Debit and credit cards, ATM withdrawals, and card-based payments work as usual.

Self-service Forms – Applications for cheque books, lockers, standing instructions, and other routine banking tasks can be submitted online.

For more information on the full list of bank holidays this month, refer to your local bank’s official holiday calendar or the RBI’s notifications.