Bank Holidays 2025: Are Banks Open Or Closed On May 1 For Labour Day? Check here
Bank Holiday today on May 1, 2025: Banks in multiple cities are closed today, May 1, 2025, for Labour Day.
Bank Holiday On May 1, 2025: Banks in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram are closed today, May 01, due to the public holiday for Labour Day.
According to the Reserve Bank of India’s (RBI) holiday calendar under the Negotiable Instruments Act, banks observe closures based on local festivals, regional observances, and designated weekends. Both scheduled and non-scheduled banks follow this framework.
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Bank Holidays In May 2025 (State-wise)
May 1 (Thursday) – Labour Day / Maharashtra Day: Banks will be closed in Belapur, Bengaluru, Chennai, Guwahati, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram.
May 9 (Friday) – Rabindranath Tagore Jayanti: Banks in Kolkata will remain closed.
May 12 (Monday) – Buddha Purnima: Banks will be closed in Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar.
May 16 (Friday) – State Day: Bank holiday in Gangtok.
May 26 (Monday) – Birthday of Kazi Nazrul Islam: Banks in Agartala will be closed.
May 29 (Thursday) – Maharana Pratap Jayanti: Bank holiday in Shimla.
In addition, regular weekly closures include all Sundays (May 4, 11, 18, and 25) and the second and fourth Saturdays (May 10 and 24).
Stock Market Holiday – May 1
Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on May 1 in observance of Maharashtra Day, since both exchanges are headquartered in Mumbai.
Will Online Banking Work On These Holidays?
Despite physical branches being closed on these 12 days, customers will still be able to access essential services through digital banking platforms. UPI, IMPS, net banking, and mobile banking apps will remain functional for money transfers, bill payments, and other transactions. Customers are advised to plan their bank visits in advance to avoid any last-minute inconveniences.
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