May 1 is celebrated as International Workers’ Day or Labour Day across the world, including in India. This date also holds special importance for Maharashtra as it commemorates its formation on this day in 1960.
If you have any bank-related work lined up this week, you need to plan accordingly, as banks in many parts of the country will remain shut on May 1, 2025. While you may not be able to visit physical branches for services like deposits, new account openings, loan applications or cheque clearances, most online banking services will remain operational. These include services like fund transfers, bill payments, checking balances, or cash withdrawals at ATMs.
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If you prefer going to the bank in person, make sure to check the holiday schedule for your state or area, as some holidays might only apply to certain places.
Bank Holidays In May, 2025
Bank holidays in India, as per the Reserve Bank of India (RBI) guidelines, fall under two categories – Negotiable Instruments Act and Banks’ Closing of Accounts. In May, banks will remain closed for 12 days across various regions in the country, including national and regional holidays, Sundays, and second and fourth Saturdays.
Banks Will Be Closed On The Following Days In May
May 1 - Labour Day/Maharashtra Day
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Banks will remain closed in Belapur Bengaluru, Chennai, Guwahati, Hyderabad (Both Andhra Pradesh and Telangana), Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram
May 9 - Rabindra Nath Tagore Birth Anniversary
Banks will be closed in Kolkata.
May 12 - Buddha Purnima
Banks will remain closed in Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.
May 16 – Sikkim State Day
Banks only in Gangtok will remain closed.
May 26 - Kazi Nazrul Islam Birth Anniversary
Banks will be closed only in Agartala.
May 29 - Maharana Pratap Jayanti
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Banks in Shimla will be closed.
In addition to that, all scheduled and non-scheduled banks will remain closed on second (May 10) and fourth Saturdays (May 24). Further, there are four Sundays – May 4, May 11, May 18, and May 25. Including all this, banks will observe total 12 holidays in May.
