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Home News Feed Advisory

Labour Day 2025 bank holiday Today: Are banks open or closed May 1, 2025 in your state? Check full list

FinanceLaneby FinanceLane
May 1, 2025

Is today a Bank Holiday? Banks in several Indian states will remain closed today on Wednesday, May 1, 2025, in observance of Maharashtra Day and Labour Day (May Day). The day is recognized as a public holiday in many regions, and customers are advised to plan their banking transactions accordingly.

Bank holidays in May 2025

Banks will be closed on the occasion of Maharashtra Din/May Day (Labor Day), Birthday of Rabindranath Tagore, Buddha Pournima, State Day, Birthday of Kazi Nazrul Islam, Maharana Pratap Jayanti in the month of May.

IndusInd Bank raises FD interest rates on select tenures and Kotak Mahindra Bank reduces FD rate on select tenures

Banks in which states are closed on May 1, 2025?

Banks will be closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Andhra Pradesh and Telangana, Manipur, Kerala, West Bengal, Goa, Bihar on May 1, 2025 on account of Labour Day and Maharashtra Day.

Maharashtra Day

Maharashtra Day, also known as Maharashtra Din, commemorates the formation of the state of Maharashtra on May 1, 1960. The state of Maharashtra was established on May 1, 1960, following the Bombay Reorganisation Act of 1960, which separated the Bombay State. This division was founded on the idea of linguistic and cultural unity, resulting in distinct states for Marathi and Gujarati speakers.

New RBI ATM transaction rules from May 1, 2025: HDFC Bank, PNB, IndusInd Bank notify new charges

Labour day

Labour Day is an annual commemoration of the labour movement and its achievements. It emerged from the labor union movement, notably the eight-hour day movement, which pushed for eight hours of work, eight hours of amusement, and eight hours of relaxation.
It is important to note that bank holidays are declared under the Negotiable Instruments Act, and not all states may observe the same holidays. Customers should also check with their respective banks for local variations.

Why is digital banking important during bank holidays?

Even when branches are closed, digital platforms (mobile apps, internet banking, UPI, etc.) allow users to check balances, transfer funds, pay bills, and more—anytime, anywhere. With UPI, NEFT, IMPS, and RTGS, digital banking enables real-time fund transfers and payments, ensuring you don’t miss out on important financial commitments. From investing in mutual funds to applying for loans and accessing credit card services—most major financial products are now accessible via digital platforms.
Bank holidays in May 2025

May-251912162629
Agartala••
Ahmedabad
Aizawl•
Belapur••
Bengaluru•
Bhopal•
Bhubaneswar
Chandigarh
Chennai•
Dehradun•
Gangtok•
Guwahati•
Hyderabad – Andhra Pradesh•
Hyderabad – Telangana•
Imphal•
Itanagar•
Jaipur
Jammu•
Kanpur•
Kochi•
Kohima
Kolkata•••
Lucknow•
Mumbai••
Nagpur••
New Delhi•
Panaji•
Patna•
Raipur•
Ranchi•
Shillong
Shimla••
Srinagar•
Thiruvananthapuram•

Description

Holiday DescriptionDay
Maharashtra Din/May Day (Labor Day)1
Birthday of Rabindranath Tagore9
Buddha Pournima12
State Day16
Birthday of Kazi Nazrul Islam26
Maharana Pratap Jayanti29

SOurce: RBI Source Link

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