Banks across India will remain closed for one day this week due to multiple regional and national observances. On May 1, a series of events including Maharashtra Day and May Day will result in a bank holiday in many states and union territories. This will lead to a pause in banking services, operations of schools, colleges, and government institutions and post offices. During the holiday, physical bank branches will remain closed in the affected states but online services and ATMs will continue to be available.
The holiday also signals the beginning of May, as the month of April comes to an end. During the month, banks will remain closed for a total of 12 days, including the weekends.
Bank Holiday On May 1
According to the holiday calendar shared by the Reserve Bank of India, banks everywhere except in Gujarat, Odisha, Chandigarh, Sikkim, Rajasthan, Nagaland and Meghalaya, will remain closed on May 1.
The holiday marks Maharashtra Day, Buddha Pournima, May Day (Labour Day), and the birth anniversary of Pandit Raghunath Murmu, depending on the state.
Customers are advised to plan their banking needs in advance to avoid any inconvenience. To be clear, May 1 is a holiday which falls on a Friday, but May 2 will be a working day for the banks in India. This is because the RBI mandates the closure of banks only on the second and fourth Saturdays of each month.
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Total Bank Holidays In May 2026
- May 1: Everywhere except in Gujarat, Odisha, Chandigarh, Sikkim, Rajasthan, Nagaland and Meghalaya. (Maharashtra Day, Buddha Pournima, May Day (Labour Day), and the birth anniversary of Pandit Raghunath Murmu)
- May 9: West Bengal (birth anniversary of Rabindranath Tagore); Everywhere else (second Saturday)
- May 16: Sikkim (State Day)
- May 23: Fourth Saturday
- May 26: Tripura (Birthday of Kazi Nazrul Islam)
- May 27: Everywhere except Karnataka, Odisha, Tamil Nadu, Sikkim, Rajasthan, Arunachal Pradesh, Mumbai, Goa, Bihar (Eid-UI-Adha-(Bakri-Eid)/Id-ul-Zuha)
- May 28: Holiday in Karnataka, Tamil Nadu, Rajasthan, Jammu-Kashmir, Maharashtra, Goa, Bihar (Bakri ID (Id-Uz-Zuha))
- May 3, 10, 17, 24, 31: Sundays
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Customers should note that these holiday dates are tentative and may vary by state or local authority. It is recommended to check with individual banks for confirmation to avoid any inconvenience.
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