Bank Holidays on May 1, 2026: States Observing Closures for Multiple Celebrations
Bank holiday today: Are banks open or closed on May 1, 2026, for Maharashtra Day, Buddha Purnima, May Day? Check state-wise holiday list
The Economic Times
Image: The Economic Times
On May 1, 2026, banks in several Indian states will be closed to observe holidays such as Maharashtra Day, Buddha Purnima, and May Day (Labour Day). States including Maharashtra, Karnataka, and West Bengal will participate in these celebrations, while banks in Gujarat and Odisha will remain open.
- 01Banks are closed in multiple states on May 1, 2026, due to various holidays.
- 02Holidays include Maharashtra Day, Buddha Purnima, and May Day.
- 03Maharashtra Day commemorates the state's formation in 1960.
- 04Buddha Purnima celebrates the birth of Gautam Buddha.
- 05Banks will remain open in states like Gujarat and Odisha.
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On May 1, 2026, banks across several states in India will be closed in observance of various holidays, including Maharashtra Day, Buddha Purnima, and May Day (Labour Day). States such as Maharashtra, Karnataka, Madhya Pradesh, and West Bengal will participate in these celebrations. Maharashtra Day marks the formation of the state on May 1, 1960, while Buddha Purnima commemorates the birth of Gautam Buddha, the founder of Buddhism. May Day, recognized as Labour Day in many countries, is celebrated in India as well. However, banks will remain operational in states like Gujarat, Odisha, and Chandigarh. This closure affects both scheduled and non-scheduled banks, which will also observe public holidays on the second and fourth Saturdays of each month.
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Residents in states observing the holiday will need to plan their banking activities accordingly, as banks will not be operational.
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