Bank Holidays 2025: Are banks open or closed on May 1? Details
Banks in certain Indian cities will mark a holiday on the occasion of Labour Day, Maharashtra Day, and Gujarat Foundation Day today, Thursday, May 1, 2025, as per the RBI Holiday Calendar 2025.Besides May 1, 2025, banks will remain closed on 12 days in May 2025, including the second and fourth Saturdays and all Sundays as compulsory weekly off days.advertisementIndia's bank holidays are elaborate and are governed by Reserve Bank of India (RBI) guidelines, comprising the Negotiable Instruments Act, RTGS holidays, and other regional and national observances.
The trend indicates increased public interest and interest in the Indian bank closures on Maharashtra Day 2025.BANK HOLIDAYS 2025: MAY 1 – MAHARASHTRA DAYMaharashtra Din, or Maharashtra Day, is celebrated every year on May 1 to commemorate the creation of the individual state of Maharashtra from the Bombay division's bifurcation on May 1, 1960.BANK HOLIDAY TODAY, MAY 1: CHECK WHERE BANKS ARE CLOSEDBanks will remain closed in the following Indian cities on Thursday, May 1, 2025, as per the RBI Holiday Calendar 2025:BelapurBengaluruChennaiGuwahatiHyderabad – Andhra PradeshHyderabad – TelanganaImphalKochiKolkataMumbaiNagpurPanajiPatnaThiruvananthapuramHowever, physical branches of banks could be closed, but online banking will continue to work, and clients can use net banking, mobile banking, and UPI facilities without any disconnection.advertisement
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