Banks are closed in many states on May 1, 2026 due to Maharashtra Day and Labour Day. Check this simple state-wise guide to know if your bank is open today.

Bank holiday today? Are banks open or closed on Labour Day, Buddha Purnima?

Bank holidays on May 1, 2026 vary across India due to Maharashtra Day, Labour Day and Buddha Purnima. Here's a simple state-wise guide to check if banks are open or closed today.

by · India Today

In Short

  • Banks remain closed in many states on May 1, 2026
  • Holidays include Maharashtra Day and Labour Day
  • Online banking services continue without disruption

If you're planning a bank visit today, you may want to pause and check first. May 1, 2026, is not a regular working day for banks across India. Due to a mix of holidays such as Maharashtra Day, May Day (Labour Day), and Buddha Purnima in some regions, bank branches are shut in several states while remaining open in others.

This means services like cheque clearance or in-branch transactions could be affected depending on where you live. Here’s a clear, state-wise breakdown to help you plan better.

WHY ARE BANKS CLOSED ON MAY 1, 2026?

May 1 is widely observed as May Day (Labour Day) across India. In addition, Maharashtra Day marks the formation of the state of Maharashtra. Some regions may also observe Buddha Purnima, depending on local calendars.

Because bank holidays in India are decided by the Reserve Bank of India (RBI) along with state governments, closures differ from state to state.

ARE BANKS OPEN OR CLOSED TODAY?

Banks are closed in several states, especially where May Day or Maharashtra Day is a public holiday. For example:

  • Maharashtra: Banks remain closed due to Maharashtra Day
  • Karnataka, Tamil Nadu, West Bengal, Telangana, Andhra Pradesh, Kerala: Closed for May Day
  • Other states may also observe a holiday depending on local notifications

However, banks may remain open in states where May 1 is not observed as a public holiday.

WHAT SERVICES ARE AVAILABLE?

Even if physical branches are closed, you can still access:

  • Online banking
  • Mobile banking apps
  • ATMs for cash withdrawals
  • UPI and digital payments

These services continue to function as usual.

SHOULD YOU WORRY ABOUT TRANSACTIONS?

Most digital transactions won’t be affected. But if you need services like:

  • Cheque deposits
  • Demand drafts
  • In-person verification

You may need to wait until the next working day.

QUICK TIP

Always check your state’s official bank holiday list before heading out. Bank holidays in India are not uniform, and missing this detail can cost you time.

- Ends