India will observe Bank holidays for three consecutive days from April 29 to May 1. These holidays will be observed on Bhagwan Shri Parshuram Jayanti, Basava Jayanti, Akshaya Tritya, Maharashtra Day, and Labour Day. However, these holidays will differ from state to state. Specific holidays can be checked on the bank’s official website.
On April 29, banks will be closed in Himachal Pradesh on the account of Bhagwan Shri Parshuram Jayanti. Lord Parshuram is considered to be the 6th incarnation of Hindu deity Vishnu and people observe fast on this day and offer prayers.
On the account of Basava Jayanti and Akshaya Tritya, banks will observe a holiday on April 30, particularly in Karnataka. Basava Jayanti marks the birth of the renowned philosopher and social reformer Basavanna, primarily celebrated in Karnataka. On the other hand, Akshay Tritya is linked with prosperity and good fortune.
On May 1, banks in several states, such as Karnataka, West Bengal, Maharashtra, and Bihar will be closed on the account of Maharashtra Day, and Labour Day. Maharashtra Day denotes the formation of the state after the division of Bombay presidency into Maharashtra and Gujarat. Moreover, International Labour Day is celebrated to promote worker rights and protection from exploitation.
What Else?
Despite Bank holidays, digital banking services, including net banking, will remain available throughout the year, even on holidays when bank branches are closed. Customers can also use online banking, mobile banking apps, UPI, and ATM services, unless maintenance work is scheduled. Additionally, services like opening fixed deposits or recurring deposits may also be accessible on some days.
Moreover, banks will observe 12 holidays in May 2025, which may be nationwide or specific to certain states. Customers should take note of both public and regional holidays, as these may impact services such as branch visits, cheque clearing, and processing times.
